Chartered Speed Takes EV Mix from 10% to 25% with Rajasthan E-Bus Expansion

Chartered Speed Limited has expanded its electric bus operations across all eight primary urban centres in Rajasthan under the PM e-Bus Sewa scheme, taking the company’s EV operating mix from approximately 10% to 25% of its nationwide fleet, according to the company.

The expansion covers Jaipur, Jodhpur, Kota, Bikaner, Ajmer, Udaipur, Bhilwara and Alwar, making Chartered Speed the first mobility operator to establish electric bus coverage across all eight cities under the PM e-Bus scheme. Chartered Speed operates a nationwide fleet of more than 2,000 buses. The Rajasthan expansion is being carried out under an earlier secured order for more than 800 buses for the state.

71 Electric Buses in Current Rollout

The latest deployment includes 24 electric buses across Jaipur and Bhilwara, while another 47 buses have been deployed across Bikaner, Udaipur, Kota, Alwar, Ajmer and Jodhpur.

Together, the current rollout accounts for 71 electric buses across Rajasthan’s eight urban centres.

The expansion is also supported by a 22-MW charging backbone, according to Sanyam Gandhi, Whole-Time Director at Chartered Speed.

More Than 1,500 Jobs

The Rajasthan scale-up is expected to generate more than 1,500 direct skilled jobs across areas including:

• Telemetry
• Fleet management
• Technical maintenance
• Driving operations

The deployment expands Chartered Speed’s zero-emission mass transit operations under the PM e-Bus Sewa initiative and extends its electric bus presence across the state’s major urban corridors.

Chartered Speed’s Electric Bus Strategy

Sanyam Gandhi, Whole-Time Director, Chartered Speed Limited, described the expansion as part of a broader approach to making electric mass transit a scalable and commercially viable proposition.

“Mass transit electrification is fundamentally about transforming urban mobility into a bankable, yield-generating asset class. By integrating over 800 e-buses into high-density corridors alongside a captive 22 MW charging backbone, we prove that capital-efficient GCC models can de-risk infrastructure investments, optimize municipal transit, and drive long-term decarbonization at scale.”

Sanyam Gandhi, Whole-Time Director, Chartered Speed Limited

The Rajasthan expansion gives Chartered Speed electric bus operations across eight cities while increasing the company’s stated EV operating mix to 25% of its nationwide fleet.

For the Indian bus industry, the significance of Chartered Speed’s expansion goes beyond Rajasthan. Government-led initiatives have been a key driver of India’s electric bus transition, but the growing EV share within a private operator’s fleet signals that electrification is also gaining traction within the private mobility sector.

With electric buses now accounting for 25% of Chartered Speed’s nationwide operating mix, private operators are beginning to emerge as an increasingly important part of India’s shift towards cleaner public transport.