Volvo Cars said it will use blockchain technology to trace the origin of cobalt used in its batteries in an effort to avoid supplies produced under unethical conditions.
Acting swiftly, the bus driver evacuated the passengers, however, 15 people suffered injuries and are being treated at Chitradurga district hospital.
Over the next five years, Volvo Cars plans to launch a fully electric car every year with a target of all-electric cars contributing 50 per cent of global sales.
The company did not reveal the price of the vehicle while unveiling it at an event in Los Angeles on Wednesday.
This means that in two years, all new Volvo vehicles will have some form of electric propulsion.