JBM Electric Vehicles launches ECOLIFE electric bus at UITP Summit 2025
JBM Electric Vehicles (JBM EV) introduced its all-electric city bus, ECOLIFE, at the UITP Summit 2025 in Hamburg, Germany. The launch marks the company's entry into the European Union market, offering EV ecosystem solutions designed for urban transport.
As part of its European expansion, JBM EV has partnered with KazenMaier as its preferred leasing partner in Germany. The collaboration aims to support the rollout of JBM's electric buses and charging infrastructure in the country.
To manage its operations in Europe, JBM EV has set up its European headquarters in Frankfurt. The office will oversee sales, after-sales, marketing, and regional partnerships. The European business is led by Daniel Frade, Director – Sales, Marketing & After Sales – Europe.
JBM EV's product showcase at UITP includes its EV ecosystem platform, JBM E-Verse, which integrates charging infrastructure, lithium-ion batteries, and operational support systems. The company's buses are built to meet European safety and performance standards.
With over 11,000 electric buses deployed or under execution globally, JBM EV operates a manufacturing facility in India capable of producing 20,000 buses annually. The company reports over 165 million electric kilometers covered, serving more than 1 billion passengers to date.
JBM EV's European strategy aligns with its Net Zero 2040 goals and supports multiple UN Sustainable Development Goals, including sustainable cities and climate action.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
17 minutes ago
- Forbes
New Sleeper Trains With Private Cabins To Connect 100 European Cities
Nox Mobility Double Vista Room Nox Mobilit Over the past decade, the resurgence of sleeper trains has been one of the most notable developments in European rail. The recent announcement of a new player in the space is a significant development. A Berlin-based startup called Nox Mobility has entered the fray, with a plan to operate European overnight sleeper trains starting in 2027. What makes theirs an audacious move is that these trains will be designed and configured as one- or two-person compartments, or 'rooms,' as Nox prefers to call them. 'Sleeping while a train gets you across Europe is a great concept. But today people have to share their cabins with strangers, beds are tight, and it's often more expensive than air travel. We want to change that and make night trains an essential part of European travel.' I covered the new breed of sleeper trains in my forthcoming book, National Geographic's 100 Train Journeys of a Lifetime: The World's Ultimate Rides (which will be published in October 2025). Offering dedicated single and double compartments is a significant advantage. So is making them affordable. Nox Mobility Single Loft Room Seat Nox Mobility Currently, most travelers on European sleeper trains – unless they book a rare single room – need to share compartments with upwards of four berths. Unless four people are traveling together, you're sharing with total strangers. Nox aims to offer a choice for single travelers and couples with its sleekly designed cabins that double as spaces for relaxed sightseeing and workspaces. 'Sleeping while a train gets you across Europe is a great concept. But today people have to share their cabins with strangers, beds are tight, and it's often more expensive than air travel. We want to change that and make night trains an essential part of European travel,' said Thibault Constant, Co-Founder of Nox, in a press statement. Constant is known on YouTube and Instagram as 'Simply Railway', with more than half a million followers and a claim to making over 400 night train trips worldwide. His cofounder is Janek Smalla, who co-launched FlixTrain and led the German ridesharing market for Bolt. In terms of cost, Nox plans to operate Europe-wide overnight trains with private rooms for one or two people, competing with the cost of a short-haul flight. The aim is to offer train fares that are competitive with air fares. Nox has announced that single cabins will be priced from 79 Euros ($92) and double cabins from 149 Euros ($173). Nox Mobility Single Loft Room Bed Nox Mobility Sleeper trains are considered to be far more sustainable than short-haul flights. Nox aims to reduce the carbon footprint of short-haul flights by offering this environmentally friendly alternative for travelers. Sleeper trains enable you to travel from city center to city center, eliminating the need for airport transfers. Passengers can choose between single and double rooms, guaranteeing privacy and comfort during their journey. On the new Nox trains, there will be three room configurations. Single and Double Loft rooms have upper beds, reachable by a ladder. They both feature separate seating and table areas. Loft rooms feature wide single and double beds, allowing you to sleep vertically to the travel direction and enjoy a loft-like view over your room and window. Double Vista rooms offer a low floor and a chest-height bed for easy access. The bed converts into two seats. In Double Vista rooms, you sleep parallel to the direction of travel, with outside views directly from your bed. The beds in all three configurations will be two meters long (78.74 inches). Nox has also announced an even more radical plan to connect more than 100 European cities with its sleeper network by 2035. Among the cities they've targeted are Stockholm, Berlin, Rome, Barcelona, Milan, Munich, Budapest, Amsterdam, and Paris. Go to Nox Mobility for updates.
Associated Press
22 minutes ago
- Associated Press
US-owned Irish soccer club Drogheda barred from Conference League by UEFA ownership rules
LAUSANNE, Switzerland (AP) — Irish Cup winner Drogheda lost its appeal on Monday against being removed from the Conference League next season for breaking UEFA rules on club ownership. The Court of Arbitration for Sport said its judges gave an urgent decision dismissing Drogheda's appeal that was heard on Monday. On Tuesday, UEFA will start making the draws for qualifying rounds in the third-tier European competition. Drogheda and Silkeborg of Denmark qualified for the Conference League second preliminary round but are owned by the Trivela Group from the United States. UEFA rules to protect sporting integrity do not allow teams from a multi-club network to enter the same competition if one owner has 'decisive influence' over management of both. CAS said the three judges agreed UEFA committed key information to Drogheda and that by a 2-1 majority 'rejected (the club's) submissions on alleged unequal treatment by UEFA.' Other cases involving Manchester City, Manchester United, AC Milan, Brighton and Aston Villa in the past two years were resolved by one of the ownership stakes being placed into a blind trust for the season. A UEFA expert panel also imposed transfer bans and limited cooperation between clubs in question. The UEFA panel is also assessing if Crystal Palace and Lyon can both enter the next Europa League. Lyon's American owner John Textor has a 43% stake in Palace though with limited decision-making power. In the latest case, Silkeborg took priority with UEFA to get the Conference League place because it finished higher in the Danish league this season than Drogheda did in the Irish league last year. Drogheda loses prize money of 350,000 euros ($406,000) that UEFA pays for playing in the Conference League second qualifying round. ___ AP soccer:
CNBC
22 minutes ago
- CNBC
Citi recommends these rare stocks that will show profitability gains this year
Quality companies with strong returns are getting harder to find, according to Citi Research. Return on equity, considered to be a profitability metric calculated by dividing a company's net income by shareholders' equity, is "increasingly scarce" among big-name stocks now, Citi U.S. equity strategist Scott Chronert wrote in a recent note to clients. "Stocks where ROE is expected to improve due to margin expansion and/or total asset turnover gains are becoming less abundant in the S & P 500. This is largely a function of downgraded outlooks on softer macros and trade concerns," Chronert said. Fewer companies in the broad-market index made the cut in Citi's latest rebalance of its "Positive ROE Trend" stock basket, which includes names that Chronert said have expectations for ROE gains driven by margin expansion and/or better efficiency measured by total asset turnover. Only 90 names are included in the latest rebalance this quarter, while more than 100 names made the basket in prior rebalances. "The outperformance of our Positive ROE Trend baskets versus Negative has largely persisted through the broader market drawdown and recovery ... Despite widening performance spreads, Positive ROE Trend baskets continue to trade at justifiable valuations," Chronert said. Take a look at a few of the names with the highest ROE that made Citi's screen. According to Citi, defense company Lockheed Martin is set to have the highest ROE next year among names in the S & P 500. Lockheed Martin has an ROE of 9.6% and should boast an ROE of 93.90% by the end of 2026, the firm's estimates show. The company last month reaffirmed its forecasts for the year given resilient demand for its missile systems and fighter jets. Lockheed Martin Chief Operating Officer Frank St. John told CNBC on Monday that the company is seeing increased defense spending from European countries and the U.S. "We are probably in the beginning of a three-to-five year surge in defense spending," John said. Retail giants Tapestry and Ralph Lauren boast strong ROE for next year of 61.4% and 31.9%, respectively, per Citi. Tapestry — which owns brands Coach, Kate Spade New York, and Stuart Weitzman — has recently become a favorite among some Wall Street analysts. Tapestry shares are up nearly 28% this year and jumped more than 5% on Monday alone after JPMorgan reiterated its overweight outlook on the stock, pointing to the multiyear growth outlook for the company's luxury brand Coach. TD Cowen upgraded the stock last week to buy from hold. Netflix , Broadcom and Chipotle Mexican Grill are other stocks investors can count on to deliver strong profits ahead, according to the screener. Broadcom and Chipotle each boast a projected ROE of more than 43% by the end of 2026 — a significant jump from their current ROEs. Broadcom shares have rallied roughly 51% this quarter and are up 9% year to date. The chipmaker's CEO has said that Broadcom expects its fiscal 2025 growth rate for AI revenue to "sustain into fiscal 2026" as demand for its custom artificial intelligence chips and networking solutions remain strong.
