Archive · 26 Dec 2025
India's CV Biggies Lose ₹10,900 Crore E-Bus Tender
India's big commercial vehicle companies missed out on a huge ₹10,900 crore tender for electric buses.
Newer companies won because they could offer the buses at much lower prices.
The bidding was very competitive, with some prices differing by just 20 paise.
In some cases, the price difference between the top bidders was as high as 10%.
The traditional companies couldn't match these low prices and lost the tender.
Traditional commercial vehicle biggies in India lost a ₹10,900 crore e-bus tender.
New-age players won by offering e-buses at cheaper prices.
Bidding was aggressive with margins as low as 20 paise in some instances.
Price difference between top bidders reached up to 10%.
Traditional players missed out due to higher pricing strategies.
- Who
- Traditional commercial vehicle (CV) biggies in India
- What
- Lost a ₹10,900 crore tender for e-buses
- When
- Not specified
- Where
- India
- Why
- New-age players offered e-buses at cheaper prices with aggressive bidding
- Tender Value
- ₹10,900 crore
- Bidding Competition
- Aggressive with margins as low as 20 paise
- Price Difference
- Up to 10% between top bidders
- Winners
- New-age players with cheaper e-bus offers
- Traditional Players
- Missed out due to higher pricing
