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TATA Motors and Green Energy Mobility Solutions Ink Deal for 100 Magna EV Intercity Buses

Written by: Team Angel OneUpdated on: 4 Aug 2025, 2:46 pm IST
Tata Motors will supply 100 Magna EV intercity buses to UBS’s EV arm in Tamil Nadu under a new MoU signed at the Passenger Vehicle Expo 2.0 in Chennai.
TATA Motors and Green Energy Mobility Solutions Ink Deal for 100 Magna EV Intercity Buses
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Tata Motors has signed a Memorandum of Understanding (MoU) with Green Energy Mobility Solutions (GEMS), the electric vehicle arm of Universal Bus Services (UBS). As part of the agreement, Tata Motors will supply 100 Magna EV intercity coaches to Tamil Nadu. 

The signing took place at the Passenger Vehicle Expo 2.0 in Chennai.

Specifications and Deployment

The buses will be 44-seater all-electric Magna EV coaches designed for intercity travel. They will be deployed across key routes in Tamil Nadu, supporting UBS’s shift toward electric public transport. UBS is a well-established private bus operator in South India. These e-buses with up to 300km range on a single charge are equipped with an electronic braking system (EBS) and electronic stability control (ESC).

The MoU was signed in the presence of Tamil Nadu’s Industries Minister, Dr. T R B Rajaa, and other government officials. Members of the All Omni Bus Owners Association (AOBOA) also attended the event. The state government is currently working with private players to expand clean mobility infrastructure.

UBS Plans for EV Transition

Green Energy Mobility Solutions, recently formed by UBS, will oversee the deployment and operations of the new electric fleet. The company is also working on a charging infrastructure to support the coaches. UBS plans to integrate EVs into its long-distance travel operations.

Read More: Tata Motors Seeks €1 Billion Through Equity, Stake Sale to Fund Iveco Deal!

Tata Motors Share Price Performance 

As of 9:14 AM on August 4, 2025, Tata Motors share price was trading at ₹650.05, a 0.18% increase.

Conclusion

This agreement marks the addition of 100 electric buses to Tamil Nadu’s intercity fleet through a private operator and also shows the growing role of electric vehicles in passenger mobility as state governments and private firms look to reduce emissions and modernise public transport networks.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 4, 2025, 9:16 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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