Global Investors Back GreenCell Mobility Electric Bus Growth in India
By Jony Shekhawat | Published Date : January 21, 2026
The funding will help GreenCell Mobility expand its electric bus fleet across multiple Indian cities and support the growing demand for clean and reliable public transport.
GreenCell Mobility has raised $89 million in a new funding round to grow its electric bus business in India. The money came from IFC, British International Investment and Tata Capital. The company already runs a large number of electric buses, and this funding will help it move faster in many states.
India public transport is slowly shifting toward clean options and this deal clearly shows that big investors believe electric mobility is ready for large-scale use.
Fleet Size to Triple in Coming Years

Table of Contents
| 1. Fleet Size to Triple in Coming Years |
| 2. Charging Network Already in Place |
| 3. Investors Back Long-Term Electric Transport Plan |
| 4. Role Of Electric Buses for Cities and Schools |
| 5. Rapid Growth in Electric Mobility |
Also Read: Sonali Singh Appointed to Lead Brand and Marketing at Switch Mobility
At present, GreenCell Mobility is running close to 1,200 electric buses on Indian roads. After getting this fresh investment, the company plans to slowly push this number to around 3,700 vehicles. These new electric buses will run in Bihar, Madhya Pradesh, Delhi, Andhra Pradesh and Puducherry cities.
The company is not adding one single type of bus everywhere. Route demand will decide the model. The latest 24-seater buses will be used for easy movement.
Charging Network Already in Place
One major reason behind smooth operations is the company's charging setup. GreenCell Mobility has more than 270 charging stations spread across India. This helps buses run daily without long breaks.
The company also runs intercity services under the NueGo brand. These routes connect over 100 cities using electric buses that focus on comfort and low noise. Some of these services fall in the luxury buses category, mainly used for longer journeys.
Investors Back Long-Term Electric Transport Plan
CEO of GreenCell Mobility, Devndra Chawla, announced that this funding will be a great step towards green vehicles to be used in their daily life. According to him, support from global and Indian investors shows trust in how the company operates.
Eversource Capital, which backs GreenCell, also said that clean transport needs different types of funding to grow faster and reach more cities.
Role Of Electric Buses for Cities and Schools
Experts believe electric buses can help reduce pollution, especially in small and mid-sized cities. Along with city transport, electric options are slowly entering staff and school segments.
Many operators are already familiar with Tata buses in public transport. At the same time, models like BharatBenz staff buses and Eicher school buses are being used for organized travel, showing how the bus market is changing.
Rapid Growth in Electric Mobility
Electric buses are now getting real trust in India. This funding is not just about money, it shows that the system is slowly working. Government programs and private companies are moving in the same direction to fix public transport.
More buses are coming on the road and charging support is also improving step by step. GreenCell Mobility is now preparing for the next phase of growth in India clean transport journey.
Also Read: Tata Motors Introduces 17 New Trucks in January 2026
Frequently Asked Questions on Commercial Vehicles
Q1. What seating capacity options are available in electric buses?
Ans. Electric buses come in multiple seating layouts, including 20-seater, 24-seater buses for short routes, and larger 40-seater buses for busy city and intercity travel.
Q2. How does wheelbase affect electric bus performance?
Ans. A longer wheelbase improves stability and ride comfort on highways, while a shorter wheelbase helps electric buses move easily on narrow city roads and sharp turns.
Q3. What mileage range do electric buses usually offer?
Ans. Most electric buses provide a driving range between 150 km and 300 km on a single charge, depending on battery size, route conditions, and passenger load.
Q4. What comfort and utility features are found in electric buses?
Ans. Electric buses offer low noise, smooth drive, air suspension, wide doors, comfortable seating, charging ports, and better interior space for daily passenger convenience.
Join us for the latest updates on the Truck Industry -
☞
Facebook
☞
Instagram
☞
YouTube
☞
Twitter
☞
LinkedIn
☞
Threads

About the Author
Jony Shekhawat
Jony Shekhawat is a skilled content writer at TrucksBuses.com, one of India’s top platforms for commercial vehicle news and reviews. With roots in social work and a keen interest in the logistics and mobility space, Jony crafts content that is both insightful and easy to understand. He specializes in breaking down complex commercial vehicle trends, helping readers make informed decisions. His writing not only informs but also aims to support the growth of India's transport community through knowledge and awareness.