JBM Auto Unveils Next-Generation GALAXY Electric Coach; Shares Rise Over 3% 

Mumbai, July 10: JBM Auto‘s electric mobility subsidiary, JBM Electric Vehicles (JBM EV), has introduced the next-generation GALAXY electric luxury coach at the Pravass 5.0 exhibition in Gandhinagar. The vehicle was launched by Union Minister for Transport & Highways Nitin Gadkari in the presence of JBM Electric Vehicles Chairman Nishant Arya, according to the company’s exchange filing. 

JBM is clearly aiming at the premium end of India’s electric intercity bus market, where operators are looking beyond electrification and increasingly focusing on passenger comfort, operating economics and fleet utilisation. 

The new GALAXY platform comes in three configurations, including seater, sleeper and seater-sleeper variants. Depending on the layout, it can accommodate up to 22 Maharaja reclining seats with over 20 sleeper berths or 24 reclining seats, while also offering one of the largest luggage capacities in its category. The company said the platform has already logged more than 900 kilometres of successful demonstration runs. 

Built for Long-Haul Operations 

Unlike conventional city electric buses, the GALAXY has been engineered for long-distance operations. It features modular battery packs, regenerative braking, fast charging capability and electronically controlled air suspension. The coach also incorporates advanced driver assistance features, including ADAS architecture, electronic braking systems, ABS, hill-hold assist and live surveillance cameras. 

JBM believes these additions matter because intercity operators evaluate vehicles on uptime, passenger appeal and operating cost over several years, rather than simply purchase price. Higher seating capacity combined with larger luggage space can also improve revenue potential on longer routes. 

The launch fits into the company’s broader strategy of expanding beyond urban electric buses into premium coach transportation, an area where electrification is still in its early stages. 

Stock Market Snaphot 

The announcement coincided with positive trading activity in the stock. 

JBM Auto share price was trading at ₹691.05, up ₹21.05 or 3.14%, as of 11:41 AM IST on July 10. 

While investors have largely valued JBM for its leadership in electric buses, product launches such as GALAXY are being watched for their ability to widen the company’s addressable market beyond city transport contracts and into premium intercity mobility. 

Company Background 

JBM Electric Vehicles is one of India’s largest electric bus manufacturers and forms part of the JBM Group. According to the company, more than 3,300 electric buses are already deployed across 17 states and 12+ airports, with an order book exceeding 10,000 electric buses. Its manufacturing facility in Delhi-NCR has an annual production capacity of 20,000 electric buses, and the company says its fleet has cumulatively covered over 450 million electric kilometres, serving more than 1.5 billion passenger journeys globally. 

The GALAXY launch adds another layer to that portfolio. Instead of focusing solely on public transport electrification, JBM is now positioning itself for premium intercity travel, where demand is expected to grow as states and private operators gradually replace diesel luxury coaches with electric alternatives.  

Source: 

• https://www.nseindia.com/get-quote/equity/JBMA/JBM-Auto-Limited 
• https://nsearchives.nseindia.com/corporate/JBMA_10072026110232_sdPressrelease_stx.pdf