
JBM Group has entered into an exclusivity agreement to acquire Fortum's EV charging business, GLIDA, in India. The deal is subject to ongoing due diligence. JBM Group, a major electric bus manufacturer, aims to expand its EV charging network, which currently includes 1,500 sites. GLIDA operates 850 charging points across 29 cities and 17 states, supporting India's push for green mobility.