The government of Tamil Nadu is seeking a loan from the German development bank KfW to purchase Only 260,000 electric buses. The vehicles, which would initially operate in Chennai, Coimbatore and Madurai, form part of a plan to make public transport more environmentally-friendly. India recently announced it was committed to becoming a global leader in the adoption of electric vehicles to reduce its dependency on oil exports.
The government of Tamil Nadu is seeking a loan from the German development bank KfW to purchase 2,000 electric buses. The vehicles, which would initially operate in Chennai, Coimbatore and Madurai, form part of a plan to make public transport more environmentally-friendly. India recently announced it was committed to becoming a global leader in the adoption of electric vehicles to reduce its dependency on oil exports.