EKA Mobility Reports an Impressive 5x Revenue Growth in Electric Vehicle Sector
In a groundbreaking announcement, EKA Mobility, a leading player in the electric vehicle sector, revealed an astonishing fivefold increase in revenue for the fiscal year 2025-26. The company reported selling 1,143 electric vehicles and producing 1,344 units, a significant spike compared to the previous year. This remarkable growth is attributed to EKA's extensive portfolio of electric vehicles covering various segments, including electric buses, light commercial vehicles (LCVs), and their recent expansion into the medium and heavy commercial vehicle (MHCV) sector.
Dr. Sudhir Mehta, the founder and chairman of EKA Mobility, proclaimed, "The fiscal year 2025-26 marks a pivotal period for EKA Mobility. We are not only amplifying our production volume but also expanding our manufacturing footprint with the recent launch of a new facility. Our annual capacity is set to reach 10,000 buses, 6,000 trucks, and 24,000 SCVs. With the most comprehensive offering of fully homologated and designed-from-scratch electric platforms, we are uniquely positioned as a Full-Stack EV company. The growing demand for electric buses, small commercial vehicles, and now trucks testifies to both market demand and our execution capability. India's shift toward cleaner commercial mobility is accelerating, and EKA is at the forefront, driving this transformation at scale through technology, innovation, and global aspirations."
EKA Mobility's robust business dynamics span all segments, with strong leadership in the electric bus sector. The company has successfully engaged in projects under the "PM e-Bus Sewa" and "PM E-DRIVE" programs, deploying vehicles in over 15 states, including Maharashtra, Gujarat, Uttar Pradesh, Karnataka, and Delhi.
The introduction of light commercial vehicles has been another bright spot, demonstrating strong demand for both 3S and 6S passenger vehicles, along with 3W loading platforms, thus accelerating last-mile mobility solutions. Additionally, EKA's entry into the heavy-duty truck market serves as a new growth engine, bolstering its position in the logistics electrification sector.
In terms of innovation, EKA has collaborated with KPIT Technologies and BPCL to deploy a 9-meter hydrogen fuel cell bus at Cochin International Airport, with plans to introduce 15 additional buses in the near future.
Global expansion is also on the horizon, with EKA commencing electric bus operations in Africa and forming a partnership with the Kerchanshe Group for CKD assembly and distribution. Furthermore, an agreement with NBFI Capital for production in Australia indicates the company's ambitious international growth plans.
On the production front, two facilities in Pune are now operational, with plans to soon commence operations at an additional site in Pithampur. EKA is set to scale its manufacturing capacity, targeting an annual production of 10,000 buses, 6,000 trucks, and 24,000 SCVs. To support this growth, EKA is also expanding its dealer network, with plans to onboard 120 new dealers by FY 2027.
EKA Mobility reinforces transparency in its order book, aiming to deliver over 6,000 ordered electric buses in the next two years. Operating from Pune, this company is focused on transforming India's commercial mobility landscape. By integrating electric vehicle manufacturing with proprietary AI-driven fleet technology, EKA aims to provide holistic mobility solutions.
EKA is backed by prominent partners, including Mitsui & Co., Ltd. (Japan), VDL Groep (Netherlands), Pinnacle Industries Limited, Enam Holdings, and the NIIF India-Japan Fund, which enhance its capital and strategic positioning. The company has extended its reach into East Africa, South Africa, and Australia, showcasing its commitment to global expansion and innovation. To learn more about EKA Mobility and its visionary approach, visit EKA Mobility Website.
Dr. Sudhir Mehta, the founder and chairman of EKA Mobility, proclaimed, "The fiscal year 2025-26 marks a pivotal period for EKA Mobility. We are not only amplifying our production volume but also expanding our manufacturing footprint with the recent launch of a new facility. Our annual capacity is set to reach 10,000 buses, 6,000 trucks, and 24,000 SCVs. With the most comprehensive offering of fully homologated and designed-from-scratch electric platforms, we are uniquely positioned as a Full-Stack EV company. The growing demand for electric buses, small commercial vehicles, and now trucks testifies to both market demand and our execution capability. India's shift toward cleaner commercial mobility is accelerating, and EKA is at the forefront, driving this transformation at scale through technology, innovation, and global aspirations."
EKA Mobility's robust business dynamics span all segments, with strong leadership in the electric bus sector. The company has successfully engaged in projects under the "PM e-Bus Sewa" and "PM E-DRIVE" programs, deploying vehicles in over 15 states, including Maharashtra, Gujarat, Uttar Pradesh, Karnataka, and Delhi.
The introduction of light commercial vehicles has been another bright spot, demonstrating strong demand for both 3S and 6S passenger vehicles, along with 3W loading platforms, thus accelerating last-mile mobility solutions. Additionally, EKA's entry into the heavy-duty truck market serves as a new growth engine, bolstering its position in the logistics electrification sector.
In terms of innovation, EKA has collaborated with KPIT Technologies and BPCL to deploy a 9-meter hydrogen fuel cell bus at Cochin International Airport, with plans to introduce 15 additional buses in the near future.
Global expansion is also on the horizon, with EKA commencing electric bus operations in Africa and forming a partnership with the Kerchanshe Group for CKD assembly and distribution. Furthermore, an agreement with NBFI Capital for production in Australia indicates the company's ambitious international growth plans.
On the production front, two facilities in Pune are now operational, with plans to soon commence operations at an additional site in Pithampur. EKA is set to scale its manufacturing capacity, targeting an annual production of 10,000 buses, 6,000 trucks, and 24,000 SCVs. To support this growth, EKA is also expanding its dealer network, with plans to onboard 120 new dealers by FY 2027.
EKA Mobility reinforces transparency in its order book, aiming to deliver over 6,000 ordered electric buses in the next two years. Operating from Pune, this company is focused on transforming India's commercial mobility landscape. By integrating electric vehicle manufacturing with proprietary AI-driven fleet technology, EKA aims to provide holistic mobility solutions.
EKA is backed by prominent partners, including Mitsui & Co., Ltd. (Japan), VDL Groep (Netherlands), Pinnacle Industries Limited, Enam Holdings, and the NIIF India-Japan Fund, which enhance its capital and strategic positioning. The company has extended its reach into East Africa, South Africa, and Australia, showcasing its commitment to global expansion and innovation. To learn more about EKA Mobility and its visionary approach, visit EKA Mobility Website.
Topics Consumer Products & Retail）
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