EKA Mobility gets second tranche of investment from Mitsui & Co

EKA Mobility gets second tranche of investment from Mitsui & Co

EKA (Pinnacle Mobility Solutions) has announced that Mitsui & Co (Mitsui), a global trading and investment company, has executed a second tranche investment as a part of the initially announced phased investment, further solidifying their commitment to the rapidly growing electric vehicle (EV) company. 

The strategic infusion of capital will be directed towards capital expenditures (Capex) and working capital, supporting EKA Mobility’s continued expansion and innovation in the EV sector. This tranche also establishes an attractive valuation benchmark for the company and is testimony to the rapid growth that EKA is witnessing. 

In December 2023, EKA, Mitsui & VDL Groep entered into a strategic long-term partnership, that included joint investments of $100 million (INR 8.5 billion) in phases, equity, and technology cooperation to create a leading global OEM in India. This is one of the largest and most significant partnerships in the new mobility segment globally. Under the cooperation, EKA Mobility will receive significant and strategic investments from Mitsui, and technological support & equity partnership from VDL Groep, a leading Dutch technology and manufacturing company. As part of this partnership, VDL Bus & Coach, a subsidiary of VDL Groep and Europe’s frontrunner in electric buses & coaches will support EKA Mobility by transfer-of-technology to produce electric buses in India for the Indian market. 

Earlier this year, Mitsui invested its maiden tranche in EKA which propelled the company to establish one of the largest R&D centres in the country for electric commercial vehicles, new product development, and expanding its export footprints. The second tranche will support EKA Mobility's manufacturing capabilities, accelerate new product development, expand market reach, and provide working capital. The investment will strengthen the company’s financial base to support day-to-day operations, supply chain optimisation, and market expansion initiatives.

Hiroshi Takeuchi, Deputy General Manager of Mobility Business Unit 1 of Mitsui said, “We are thrilled to deepen our partnership with EKA Mobility through the investment of this second tranche. EKA Mobility has demonstrated strong growth and innovation in the EV space, and we are excited to support their continued success. We look forward to utilising Mitsui's global network to promote exporting EKA's competitive products to overseas markets. This investment aligns with Mitsui's strategic focus on sustainable and forward-looking industries, and we are confident that EKA Mobility will play a pivotal role in the future of transportation."

Headquartered in Pune, India, Eka has been at the forefront of the commercial electric mobility revolution, developing a range of electric buses in 7-metre, 9-metre and 12-metre categories, intercity coaches, and a range of electric light commercial vehicles. EKA is also one of the commercial vehicle manufacturers approved under the Government of India’s Auto PLI policy. 

Dr. Sudhir Mehta, Founder of EKA (Pinnacle Mobility Solutions) said, "We are immensely grateful to Mitsui & VDL Groep for their unwavering confidence and sustained investment in EKA Mobility. The continued investment support will enable us to accelerate our growth trajectory, bring innovative EV solutions to market faster, and further our mission to create a sustainable and green transportation ecosystem. We look forward to a long and successful partnership with Mitsui & VDL."

At present, the company’s order book has significantly grown to over 1,000 electric buses and more than 5,000 electric light commercial vehicles. 

Blue Energy Motors Joins PARIVARTAN Scheme To Deploy Electric Heavy-Duty Trucks

Blue Energy Motors

Pune-headquartered alternative commercial vehicle maker Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Ministry of Road Transport and Highways (MoRTH) under the PARIVARTAN Scheme. The partnership aims to facilitate the replacement of commercial vehicles with electric trucks within the Delhi-National Capital Region.

The initiative supports the transition to freight mobility options by incentivising the replacement of transport units. Blue Energy Motors deploys electric and liquefied natural gas truck platforms across freight routes, accumulating operational distance and reducing emissions.

Anirudh Bhuwalka, Founder & Managing Director, Blue Energy Motors, said, "The PARIVARTAN Scheme is an important step towards accelerating the transition to cleaner freight mobility in India. Our participation reflects Blue Energy Motors’ commitment to supporting the Government’s vision for sustainable transportation and enabling wider adoption of electric heavy-duty trucks. We believe that the right policy support, coupled with advanced technology and a strong domestic manufacturing ecosystem, can play a pivotal role in accelerating India’s transition towards zero-emission freight transportation."

SWITCH Mobility, PURPLE BUS Launch Vidarbha's First Electric Intercity Bus Service On Nagpur–Chandrapur Route

SWITCH Mobility, PURPLE BUS Launch Vidarbha's First Electric Intercity Bus Service On Nagpur–Chandrapur Route

SWITCH Mobility Ltd, a global leader in electric buses and light commercial vehicles and part of the Hinduja Group, has joined forces with intercity operator PURPLE BUS to roll out the region's first electric bus service linking Nagpur and Chandrapur, widening the operator's Vidarbha footprint. Union Minister of Road Transport and Highways Nitin Gadkari oversaw the ceremonial dispatch of the inaugural six units, drawn from a 50-bus EiV12m intercity electric order placed by Purple Bus for deployments across Vidarbha.

Organisers chose Dussehra, a festival traditionally viewed as favourable for fresh ventures, as the launch date, a nod to the manufacturer's continuing push for safe, dependable and sustainable public transport in the region. Travellers between the two cities stand to gain better connectivity along with a safe, comfortable and eco-friendly way to travel.

The Nagpur–Chandrapur service is the third intercity project this year between SWITCH Mobility and Prasanna Purple Mobility Solutions, building on electric coach launches along the Mumbai–Pune and Dombivli–Pune corridors in April 2026 and October 2026, respectively. The recurring tie-up points to rising operator confidence in electric buses for high-frequency intercity routes and to SWITCH Mobility's growing part in India's shift towards sustainable intercity travel.

The new route strengthens the partnership with Prasanna Purple Mobility Solutions and furthers the company's wider aim of making zero-emission public transport accessible in Indian cities and towns. Linking key Vidarbha centres, the service is expected to ease daily commutes, boost local economic activity and speed the move towards cleaner intercity mobility. The EiV12m coach, engineered for long-distance journeys, pairs 45 pushback seats and a 350 km per-charge range with fast-charging capability, advanced safety systems, a quiet ride and SWITCH iON connected technology for real-time monitoring.

Ganesh Mani, Chief Executive Officer, SWITCH Mobility, said, “Nagpur and Chandrapur share a close economic and cultural relationship, and strengthening this corridor with our partner Prasanna Purple Mobility Solutions is an important step in our mission to build future-ready public transport across India. Following our deployment on the Mumbai–Pune route earlier this year, we are glad to extend this partnership to Vidarbha and to contribute to the region’s growth by supporting the everyday movement of the people who depend on it. This launch reaffirms our commitment to sustainable, people-first mobility solutions in Maharashtra and beyond.”

Saurabh Patwadhan, Director, PURPLE BUS, said, “At PURPLE BUS, our goal is to make electric the default way people travel between cities, not the exception. We are building that future route by route, from Mumbai–Pune, one of India’s busiest corridors, to Nagpur–Chandrapur, where we now bring Vidarbha its first electric bus service. Our fleet has already covered more than one million kilometres (1,000,000 km) in electric intercity operations, and the data shows what many operators doubted: electric coaches deliver a lower total cost of ownership and a lower cost per passenger-kilometre than diesel. Our partnership with SWITCH Mobility has been central to proving that, and it gives us the confidence to scale sustainable intercity mobility across Maharashtra.”

Scania Opens New SEK 975 Million R&D Proving Ground In Södertälje

Scania

European commercial vehicle major Scania has inaugurated its research and development proving ground in Södertälje, representing an investment of SEK 975 million. The 85-hectare site includes 13 kilometres of paved road and 4 kilometres of gravel road to support testing across electrification, autonomous driving, safety systems and vehicle dynamics.

The facility incorporates three irrigated braking tracks constructed from asphalt, concrete and basalt tiles, enabling testing across varied friction surfaces and cornering conditions. The site also features specialised environments for evaluating driver assistance technology, including automatic emergency braking, lane support and blind-spot warning systems, alongside scenarios for autonomous vehicle development. The construction project integrated environmental measures, including ECO asphalt and renewable HVO100 fuel for logistics, avoiding approximately 30,900 tonnes of carbon dioxide equivalent emissions.

Christian Levin, President and CEO, TRATON GROUP and Scania, said, "The transformation of transport requires us to continuously strengthen the way we develop and validate new technologies. This investment is about building the capabilities we need for the future while ensuring that the solutions we bring to our customers have the safety, quality and performance they expect."

Sara Forsberg, CTO and Head of Brand Identity Development at Scania, said, "New technology only creates value when it performs in the real world. The R&D proving ground gives our engineers greater possibilities to test, learn and validate solutions under demanding conditions. It strengthens our ability to turn innovation into solutions that deliver real value for our customers."

Niklas Klingenberg, Head of Group R&D, TRATON GROUP, said, "Advanced testing and validation capabilities become increasingly necessary as we develop the next generation of transport solutions. The R&D Proving Ground is an important addition to our landscape and strengthens our ability to turn new technologies into proven solutions."

Eicher Trucks & Buses Opens Pro X Small Commercial Vehicle Dealership In Noida

Eicher Trucks & Buses

Eicher Trucks & Buses, a division of VE Commercial Vehicles, has inaugurated a 3S dealership facility in Noida for its Eicher Pro X small truck range. Operated by Punjab Mobility, the 7,000-square-foot facility is located on NH-34 at Dadri in Gautam Buddh Nagar, providing integrated sales, service and spare parts support.

The showroom will sell the 3-tonne and 3.5-tonne Gross Vehicle Weight range of small commercial vehicles across electric, diesel and compressed natural gas powertrain options.

The location provides access to industrial and logistics hubs across Noida, Greater Noida and the Dadri region, including the Multi-Modal Logistics Hub and the Dadri-Noida-Ghaziabad Industrial Region, with transport connectivity via the Eastern Peripheral Expressway, the Delhi-Meerut Expressway and the Yamuna Expressway.

Abhishek Chaudhary, Senior Vice-President of SCV Sales & Marketing, VE Commercial Vehicles, said, "The Eicher Pro X range is designed for the evolving needs of last-mile logistics, with a strong focus on efficiency, connectivity, driver comfort and uptime. With three energy-efficient powertrains, 100% connected technology and multiple configuration options, it is engineered for applications including e-commerce, parcel courier, FMCG and industrial goods movement. Punjab Mobility Private Limited’s presence strengthens our presence in Noida and brings the Pro X range and enhanced ownership support closer to customers across the Delhi-NCR region. Born electric-first, the Eicher Pro X offers customers in the NCR the opportunity to switch to electric trucks that are approved under the PARIVARTAN scheme."

The dealership infrastructure features digital vehicle configurators, dedicated workshop bays, electric vehicle charging infrastructure and EV-trained service personnel. To support vehicle uptime across the National Capital Region, the facility operates mobile service vans and breakdown assistance units alongside power backup systems.