Chicago based Mallawa Ventures is proposing to establish a hydrogen fuel cell bus factory near Chennai as the public transportation segment in India is witnessing a shift towards alternative fuel-powered products. It will set up a bus manufacturing factory and a hydrogen plant near Chennai. The proposed factory is expected to have a capacity of about 100 units a month. The company has planned a cumulative investment of about INR 8,000 crore over the next 8 years. It is in the process of identifying a site for the proposed factory near Chennai and plans to come out with its first pilot product in 9-12 months.The company’s hydrogen-powered 12-mtre buses will come in three variants of floor heights - 400mm, 650mm and 800mm - and offer a range of 350 km to 750 km (on a single charge) depending on application segments. These buses may be priced in the range of INR 1.85-2.3 crore and will offer products for both intra-city and inter-city applications. Refuelling time for these buses will be less than 10 mins.The battery bank in these buses will have a minimum of 7800 cycles. Moreover, one charging station can charge 25 buses. One station will have a capacity of charging 52 buses in 24 hours.Mallawa Ventures has forged a partnership with a Texas-based company to set up a hydrogen plant near Chennai to meet the fuel requirements of its buses. It is expected to be ready in 18-24 months with a capacity of 60 metric tonnes. This unit is expected to entail an investment of INR 300-400 crore.The US company’s EV journey started in 2016 with its foray into the electric two-wheeler segment.