Jay Bharat Maruti Limited group is a well noted name in Automotive, Engineering and Design industry. Providing ideal technology and product combinations, they create more efficient solutions compared to their counterparts. These products extend their roles in renewable energy and towards Original Equipment Manufacturers (OEM).
The group has always had an environment responsive approach in their services. With a turnover of Rs 10,000 crore, the company aims to develop in areas such as green energy and transportation through the use of electric vehicles.
Being an active participant of the clean energy revolution, the group fosters sustainability and scalability. In its environment conducive methods of production, rigorous efforts are made to promote economic development, and protect natural resources.
With emission reduction and increase use renewable energy sources, the target of the group is to reduce its overall carbon footprint.
The Executive Director of the group, Nishant Arya, says, “EV today represents a breakthrough in transportation, which represents a significant part of the GDP and also is a status symbol. Both factors signify growth. We really believe that EV could see a similar growth pattern as solar power in India or even bigger. Solar is a source of green energy, where there are other options like bio-fuels or wind.”
Jay Bharat Maruti’s bus division, a major component of the group uses progressive green technology. CITYLIFE Diesel and CITYLIFE CNG are some of its currently operating vehicles. A recent addition has been made with the entry of ECOLIFE Electric, a vehicle introduced with low emission battery powered model.
The bus, which is a part of electric vehicle (EV) business of the group, runs under the name of JBM- Solaris. ECOLIFE Electric has been tested and is ready for deployment to commence its services.
The concept of EV represents tank to wheel (car technology). The bus is expected to reduce the greenhouse gas (GHG) emissions With investment in clean technology and eco-friendly means of transportation, leading to effective carbon management.
Apart from its EV benefits, the manufacturing company also reinforces initiatives such as Make-In-India and Skill-India.
Electric vehicles today, are changing the traditional transportation means and are expected to follow a growth graph similar to solar power, as sustainability gains momentum.
The e-mobile vehicle will offer in-built charging facility, trans view, well-constructed operating pattern and battery.
The investment directed towards the unit for the next 3 years is Rs 300 crore, not confining to just research, development and manufacturing.
The vehicle is initially priced at Rs 1 to 2.5 crore, depending upon the size and maintenance. The fuel cost accounts for only 25% of that of petrol and diesel. The maintenance cost also is expected to be lower as the electric bus consists of only 18 moving parts, in comparison to 1,800 parts in a regular bus.
“What gives ECOLIFE Electric an edge over other conventional buses is that the total cost of ownership will be much less than a conventional bus and the cost of the bus can be recovered in 5 years,’’ claims Nishant Arya, executive director of JBM Auto.
When questioned about the future growth anticipations for EV, the CEO of the JBM Group seemed affirmative and added “EV is a choice and tomorrow it will be a need. Companies must understand that huge demand is on the way and must get ready to service it.”