PMI Electro, an electric commercial vehicle manufacturer in India, has announced the appointment of Dr Aanchal Jain as its Chief Executive Officer (CEO). The company has a production facility in Delhi NCR with an annual capacity of 1500 electric commercial vehicles (eCVs) and is the only OEM in India developing 7-meter, 9-meter, and 12-meter electric buses, said a statement. Presently, over 1,180 e-buses operate in 28 cities across India.
Dr Jain holds a PhD in Economics from Northwestern University and an MSc in Economics from The London School of Economics and Political Science (LSE), bringing a blend of expertise in policy, macroeconomic analysis, and business acumen. Her career includes contributions as an Economist at prestigious global organizations, and she has been a visiting scholar at Harvard University and a faculty member at the University of California, Berkeley. With her extensive background in economics and technology, Dr Aanchal Jain brings a fresh perspective to PMI Electro’s mission of reforming the electric vehicle industry.
Announcing the appointment, Mr. Satish Jain, Chairman and Managing Director, PMI Electro shared, “It gives us pride to bring the second rung of leadership at the country’s largest electric bus OEM with global experience and perspective. Aanchal’s appointment is a reflection of the evolving face of contemporary leadership with dynamic fusion of global experience, vision and diversity. Her expertise will help PMI steer through new challenges faced by large electric vehicle OEMS in terms of fast-paced growth and capex-hungry financing requirements”.
In her new role, Dr Aanchal Jain said, “I am delighted to bring global vision and inclusivity to the existing leadership at PMI Electro. While a lot has been achieved, I want to work towards driving the next phase of growth at PMI Electro through focussed approach at R&D and use technology to expand the electric commercial vehicle portfolio of PMI. I hope that through technology we will be able to contribute better and participate in the country’s growth in the move towards electrification of mass mobility”.
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