JBM Electric Vehicles (JBM EV) launched its next generation 'GALAXY' electric luxury coach at Prawaas 5.0 in Gandhinagar on July 10, 2026. The launch, aimed at strengthening operator revenue potential and passenger convenience, was conducted by Shri Nitin Gadkari, Hon’ble Union Minister of Transport & Highways. JBM EV is part of JBM Auto , the flagship company of the $3.3 bn global Indian conglomerate, JBM Group.

Product Specifications and Variants

The 'GALAXY' coach is designed to offer the highest seating capacity in its segment paired with the highest luggage space. It is available in three variants: seater, sleeper, and seater and sleeper. The vehicle offers two primary configurations: one with 22 Maharaja reclining seats and 20 plush sleeper berths including an onboard washroom, and another with 24 Maharaja reclining seats and 20 plush sleeper berths without a washroom.

Design and Safety Features

Styled with a European-inspired design language, the coach features class-leading luxurious interiors, panoramic windows, individual AC louvers, reading lights, and USB charging sockets. The safety architecture includes ADAS-enabled features, Electronic Braking System (EBS), Anti-lock Braking System (ABS), hill-hold, live surveillance cameras, and emergency exits. The vehicle also incorporates kneeling and height adjustment features for easier boarding, along with electronically controlled air suspension.

Performance and Infrastructure

The 'GALAXY' platform has demonstrated operations of over 900 kms per day. It is powered by high-efficiency modular battery packs paired with fast charging and regenerative braking. JBM EV operates the world’s largest dedicated integrated electric bus manufacturing facility outside China in the Delhi-NCR region, with an annual production capacity of 20,000 electric buses.

Operational Reach

JBM EV has deployed over 3,300 electric buses across 17 states and 12+ major airports in India. The company holds the highest market share in the Indian electric luxury coach segment and maintains a robust order book of 10,000+ electric buses. Under its 3 bn e-kms promise, JBM electric buses have clocked 450 million e-kms, serving over 1.5 bn bus commuters globally.

JBM Auto Ltd announced that its shareholders have approved all 12 resolutions put to vote through a remote e-voting process conducted on July 3, 2026. The resolutions sought approval for material related party transactions with various group entities and statutory authorizations for the Board. The postal ballot notice was dated May 11, 2026, with the remote e-voting period open from June 4, 2026, to July 3, 2026.

The scrutinizer's report, submitted by Dhananjay Shukla & Associates, confirmed the passage of eight ordinary resolutions and four special resolutions. The ordinary resolutions primarily concerned material related party transactions with entities such as JBM Electric Vehicles Private Limited, Ecolife Mobility EV Private Limited, and Neel Metal Products Limited. These resolutions received approval ranging from 89.37% to 99.36% of the votes cast.

Voting Results Summary

The following table details the voting outcomes for the key resolutions:

Special Resolutions Approved

Shareholders also approved four special resolutions. These included the authorization to the Board under Sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013, as well as Section 185 of the Act. Another special resolution sought approval for the pledge of shares of the material subsidiary, JBM Ecolife Mobility Private Limited. The special resolutions required a higher threshold for approval and secured between 89.22% and 98.69% of the votes polled.

Procedural Details

The cut-off date for determining shareholder eligibility was May 29, 2026. The total number of valid votes cast across all resolutions was approximately 4.05 crore. The e-voting facility was provided by KFin Technologies Limited. The scrutinizer unblocked the votes in the presence of two witnesses who were not employees of the company.