Exploring Payment Security Mechanism for E-Bus Expansion
by e -India’s public transport landscape is rapidly transitioning from conventional Internal Combustion Engine (ICE) buses to electric buses (e-buses). The country’s aspiration to decarbonize road transport by scaling-up adoption of e-buses has been bolstered by the PM-eBus Sewa Scheme. Announced by the Ministry of Housing and Urban Affairs (MoHUA) in August 2023, the scheme aims to deploy 10,000 e-buses across 169 eligible small and medium cities through central financial assistance. With over 16,000 buses...