India’s online bus booking platforms are expecting to see a sharper rise in electric buses on their platforms as fuel price volatility pushes operators to seek more predictable operating economics. With diesel prices rising amid geopolitical uncertainty, travel executives say the economics of electric buses are beginning to look far more compelling.
“Fuel shocks may speed up India’s electric bus journey,” Manoj Agarwala, Chief Business Officer (CBO) at redBus, told Moneycontrol, pointing to a g…
The current geopolitical environment, he said, is poised to further accelerate adoption as operators focus on “long-term operating efficiency, cost stability, and sustainability.”
In India, petrol and diesel prices have already been hiked multiple times amid a surge in crude oil prices triggered by the West Asia crisis, putting pressure on transport operators whose margins are heavily exposed to fuel costs
