EKA Mobility
Indian electric vehicle manufacture
- 1 min read
- 4 chapters
Related on Lably
Through Pune
The company was founded in 2019 as a subsidiary of Pinnacle Industries, an automotive components manufacturer.
EKA Mobility specializes in the production of electric buses and electric small commercial vehicles.
History
Pinnacle Mobility Solutions Private Limited was incorporated on 2 July 2019 as a non-government company and is registered under the Registrar of Companies, Pune. It operates as a subsidiary of Pinnacle Industries.
EKA was launched by Pinnacle Industries to cater to the growing demand for electric mobility solutions.
Sign in to keep reading
3 more chapters are free with a Lably account.
Operations and products
EKA Mobility specializes in the production of electric buses and small commercial vehicles.
EKA has also collaborated with the Dutch conglomerate VDL Group.
Investments
In 2023, Japan's Mitsui & Co. invested Rs 600 crore in EKA Mobility to support its electric vehicle expansion plans. This was Mitsui's second investment into the company.
Leadership
EKA Mobility is led by Sudhir Mehta, the chairman and managing director of Pinnacle Industries. Additionally, Lakshminarayan, Chairman of TVS Automotive Systems Limited, and Rashmi Urdhwareshe, former director of ARAI, are members of the advisory board.