Solaris Bus & Coach S.A. and Indian JBM Group established a joint venture company. The strategic goals of the cooperation are development, sales and service maintenance of vehicles with alternative powertrains – electric and hybrid buses – in the Indian market.
The role of Solaris in the joint venture company is to develop, integrate and deliver components as well as know-how for the alternative propulsion systems to JBM. The first jointly manufactured vehicle will be launched after 12 to 18 months from establishment of the company. The vehicles with alternative powertrains will be manufactured at the production facilities of JBM in India, partially basing on Solaris’s construction.
JBM Solaris joint venture, based in Delhi NCR, India will capitalize on the strong reputation Solaris has developed as a leading provider of mass city transportation solutions and on JBM’s strength in the area of design and development to suit Indian requirements.
Speaking on the joint venture, Mr. Nishant Arya, Executive Director, JBM Group said, “Our association with Solaris Bus comes in as a just in time move towards developing green solutions that will transform the public transportation domain in India. I firmly believe that JBM's expertise in design & development coupled with Solaris' rich experience in green mass transportation solutions will together result in developing products that are not only green but also convenient, safe and affordable”.
Dr. Andreas Strecker, CEO, Solaris Bus & Coach S.A., said, “This joint venture is a very important step for Solaris and will ensure introduction of our proven technology in electric and hybrid vehicles. JBM and Solaris together are set to revolutionize public transportation in India using globally proven & affordable technology”.
About JBM Auto Ltd.
JBM Auto Ltd. is the flagship company of the USD1.35 billion JBM Group. The company is the leading manufacturer of auto components and buses in the country. The company’s manufacturing facilities are strategically located in close proximity of leading automobile hubs of India at Faridabad, Greater Noida, Nasik, Chennai, Sanand, Pune and Indore. Its products are widely used in two‐wheelers, cars, tractors and trucks and many other sectors in India and overseas. For further info, please visit www.jbmbuses.com and www.jbm-group.com.
About Solaris Bus & Coach
Solaris Bus & Coach is a major European producer of city, intercity and special-purpose buses as well as low-floor trams. Since the start of production in 1996, over 14 000 vehicles have already left the factory in Bolechowo near Poznan. They are running in 30 countries. Despite its young age, Solaris has become one of the trendsetting companies in its industry. For many years it has been the indisputable leader among the suppliers of city buses in Poland as well as one of the largest suppliers of city buses in Germany.
For media enquiry, please contact:
Mateusz Figaszewski
Deputy Director
mateusz.figaszewski@solarisbus.com
Mobile: +48 601 652 179