Zingbus Aims to Expand Electric Bus Fleet to 1,000 Vehicles Amid Growing Demand

Zingbus, an intercity smart mobility platform, has announced plans to expand its electric bus fleet to 1,000 vehicles in the coming years. This move comes as demand for electric vehicles grows rapidly. The transition to electric mobility introduces new processes and technologies that operators must navigate. For over 90% of India's bus operators, the challenge lies not in capability gaps but in the need for a supportive ecosystem.

Currently, zingbus has integrated more than 250 operators into its platform, creating a robust distributed partner ecosystem in intercity mobility. Earlier this year, the company began implementing its operator-led model. This model facilitates a seamless and sustainable transition to electric buses across India's highways. By moving away from the traditional Company-Owned, Company-Operated (COCO) approach, zingbus has adopted a growth strategy based on mutual cooperation and well-aligned incentives.

Electric Fleet Expansion Plans

The company is aggressively working towards expanding its electric bus fleet to over 1,000 buses within the next few years. Zingbus's alternate approach allows operators to manage their buses while the company assists with revenue management and service delivery through a technology stack tailored for electric fleet operations. This structure aligns incentives and eliminates chronic revenue losses associated with centrally run fleets.

Prashant Kumar, Co-founder of zingbus, stated, "Our operator partners are excited to go electric and by empowering them with an EV-ready operating system, we are not just adding electric buses but are unlocking an entirely new growth curve for intercity mobility. We believe the highways of the future will be electric, and they will be built through partnership, not centralization."

Innovative Business Model

Zingbus's innovative business model enables expansion without bearing the cost of asset ownership. This approach supports operators in running their buses efficiently while benefiting from zingbus's expertise in revenue management and service delivery. The company's technology stack is specifically designed for electric fleet operations, ensuring smooth transitions for operators entering the EV segment.

The company currently operates over 300 buses and has a presence in more than 200 cities across 20 states. This extensive network positions zingbus as a significant player in India's intercity mobility sector. By fostering partnerships and providing an EV-ready operating system, zingbus is paving the way for a future where highways are predominantly electric.

As zingbus continues to expand its electric bus fleet, it remains committed to supporting operators with the necessary tools and systems for success. The company's focus on collaboration and innovation highlights its dedication to transforming India's intercity transportation landscape into one that is sustainable and efficient.

With inputs from PTI