JBM Auto Shares Surges Over 2%; JBM EV Expands Electric Coach Portfolio with GALAXY Launch

Written by: Team Angel OneUpdated on: 10 Jul 2026, 7:50 pm IST
JBM Electric Vehicles introduced the GALAXY electric luxury coach in three variants at Prawaas 5.0 for long-distance travel.
JBM Auto Shares Surges Over 2%
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JBM Electric Vehicles (JBM EV), part of JBM Auto Ltd, has unveiled its next-generation GALAXY electric luxury coach at the Prawaas 5.0 exhibition in Gandhinagar, as per an exchange filing dated July 10, 2026.  

The launch took place in the presence of Union Road Transport and Highways Minister Nitin Gadkari and JBM Electric Vehicles Chairman Nishant Arya.  

According to the company, the model is the country's first indigenously developed electric luxury coach offered in both sleeper and seater formats.  

Three Seating Options 

The GALAXY platform will be available in three versions - seater, sleeper, and sleeper-plus-seater. One configuration includes 22 reclining seats, 20 sleeper berths, and an onboard washroom, while another has 24 reclining seats and 20 sleeper berths.  

JBM said the coach has been developed for inter-city routes with a combination of higher passenger capacity and larger luggage space. The company added that the platform has completed operational runs exceeding 900 kilometres in a day.  

Passenger and Safety Features 

The coach is equipped with modular battery packs supported by regenerative braking and fast-charging capability. It also features electronically controlled air suspension, kneeling and height adjustment for boarding, panoramic windows, USB charging points, individual air-conditioning vents, and reading lights.  

Safety equipment includes an Advanced Driver Assistance System (ADAS), Electronic Braking System (EBS), Anti-lock Braking System (ABS), hill-hold assist, surveillance cameras and emergency exits.  

Manufacturing and Deployment 

JBM EV said it has supplied more than 3,300 electric buses across 17 states and over 12 airports in India. The company reported an order book of more than 10,000 electric buses.  

Its integrated manufacturing facility in the Delhi-NCR region has an annual production capacity of 20,000 electric buses. According to the company, its electric bus fleet has covered 450 million electric kilometres and transported over 1.5 billion passengers.  

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JBM Auto Ltd Share Price Performance  

As of July 10, 2026, 1:55 pm, JBM Auto Ltd share price was trading at ₹687.10, up 2.55% from the previous closing price. 

Conclusion 

The new GALAXY coach broadens JBM EV's range of electric passenger vehicles. The launch adds a new offering for inter-city operations alongside the company's existing electric bus business. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

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: Jul 10, 2026, 2:20 PM 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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