EaseMyTrip Subsidiaries, YoloBus Wins Electric Bus Tender From MP

EaseMyTrip wholly owned subsidiaries, YoloBus and Easy Green Mobility Won the Madhya Pradesh Government’s first inter-city electric buses tender Issued by Sagar City Transport Services Limited (SCTSL). Said electric buses shall be operated by EaseMyTrip’s operating arm YoloBus & manufactured by Easy Green Mobility.

For this project, the first batch of state-of-the-art electric buses will be deployed in August 2025.

Mr. Rikant Pittie, CEO and Co-Founder of EaseMyTrip said, “Our entry into in-house electric bus manufacturing is a direct response to the strong demand we’ve observed through YoloBus. In a market where supply struggles to meet soaring demand, we recognized that this strategic shift was not just necessary to address immediate operational needs but also to capture a rapidly growing market. The electric vehicle market, valued at USD 331.9 million in 2024, is projected to grow at an impressive CAGR of 18.2%. This move is further supported by robust government initiatives, such as the PM E-Drive, state-level policies, and PLI schemes, offering an excellent opportunity to localize production and create a fully ‘Make-in-India’ product. With our new subsidiary, Easy Green Mobility, and an initial investment of INR 200 crore, we are committed to setting new standards in sustainable transit and expanding our presence in the booming EV and eMobility sector”