JBM Electric Vehicles, a unit of JBM Auto, signed an agreement with Dubai-based Al Habtoor Motors on September 22, 2025. The deal gives Al Habtoor Motors exclusive rights to import and distribute JBM’s electric buses across the United Arab Emirates.
The electric buses will be introduced in several categories, including urban routes, staff transportation, schools, airport tarmacs, and intercity coaches. The partnership also includes service support and charging infrastructure to enable operations across the country.
The initiative aligns with the UAE’s Net Zero by 2050 plan. JBM said the buses could save more than one billion litres of diesel and cut about 2.8 billion kilograms of carbon dioxide over the next ten years. Passenger volumes served during this period are projected at 1.6 billion.
JBM manufactures its buses in India at an integrated facility with a capacity of 20,000 units per year. The company reported that its vehicles have already travelled over 200 million kilometres, carried one billion passengers, and saved 350 million litres of diesel to date.
As per the exchange filings, Nishant Arya, Vice Chairman & MD, JBM Auto, stated, "The UAE is a strategic market for JBM Electric Vehicles, and we aim to bring our expertise related to the EV ecosystem from the source to the wheel. We are eager to contribute to the UAE government's vision of sustainable transport."
Ahmed Al Habtoor, CEO, Al Habtoor Motors, stated, “The world is at a pivotal moment in addressing the climate crisis, especially in the realm of transportation. Aligned with the UAE's environmental goals, Al Habtoor Group is unwavering in its pursuit of sustainable progress. This partnership represents a significant milestone in our journey toward green mobility.”
Earlier in September, JBM Auto secured $100 million in funding from the International Finance Corporation (IFC). The funds will be used to deploy electric buses in Indian states, including Maharashtra, Assam, and Gujarat.
As of 10:19 AM on September 23, 2025, JBM Auto share price was trading at ₹768.50, a 3.61% increase from the previous closing price.
Read more: JBM Auto Arm Secures $100 Million IFC Investment for E-Bus Deployment!
The partnership marks JBM Electric Vehicles’ entry into the UAE market, with Al Habtoor Motors set to handle imports, distribution, and support for upcoming e-bus operations.
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Published on: Sep 23, 2025, 12:01 PM IST
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