#India #electric vehicles #Pune #Sustainable Transport #EKA Mobility

EKA Mobility Achieves Unprecedented Growth

EKA Mobility, a pioneering name in the electric vehicle (EV) industry, has announced a monumental achievement in its year-on-year sales growth for the fiscal year 2025–26. With a staggering fivefold increase in volume, the company has successfully sold 1,143 electric commercial vehicles while producing 1,344 units. This significant milestone marks a transformative period not just for the company but for India's commercial mobility sector as a whole.

The growth trajectory was not just about numbers but also about expansion into new territories within the EV landscape. This past year, EKA Mobility strategically entered the Medium and Heavy Commercial Vehicle (MHCV) segment, supplementing its established portfolio, which includes electric buses and Small Commercial Vehicles (SCVs). The integration of various vehicle types into their production line enhances EKA's status as a comprehensive, full-stack EV manufacturer.

Underlining their commitment, EKA Mobility has been recognized as a Champion Original Equipment Manufacturer (OEM) under the Auto Production Linked Incentive (PLI) Scheme. This endorsement is a testament to their innovative approach and operational excellence across multiple platforms.

Key Highlights and Business Momentum

Strong Performance in Electric Buses

EKA led the market with significant wins in initiatives such as PM e-Bus Sewa and PM E-DRIVE, facilitating the deployment of electric buses across over 15 states in India, including Maharashtra, Gujarat, Uttar Pradesh, Karnataka, and Delhi. This strong presence has solidified EKA’s leadership in the electric bus segment, showcasing the growing demand for sustainable urban transport solutions.

Breakthrough Year for Small Commercial Vehicles

The SCV segment has seen remarkable interest from consumers, with a substantial increase in the adoption of their 3S and 6S passenger vehicles, along with the 3W cargo platforms. This demonstrates EKA's proactive approach in facilitating last-mile mobility solutions, addressing the practical needs of urban logistics.

Entry into Electric Trucks

A significant addition to EKA's product offerings includes their foray into electric trucks. This new growth engine aims to cater to heavy-duty transportation needs, driving the company's ambition to revolutionize logistics with electrification solutions.

Innovations in Hydrogen Fuel Cell Technology

In an exciting development, EKA Mobility has deployed a 9-metre hydrogen fuel cell bus in collaboration with KPIT Technologies and BPCL at Cochin International Airport. Plans are underway to introduce an additional 15 hydrogen buses, further underscoring EKA’s dedication to pioneering green technology in public transport.

Global Expansion and Manufacturing Capabilities

EKA Mobility has not only reinforced its domestic capabilities but is also setting its sights on international markets. They have recently started electric bus deployments in Africa through a partnership with the Kerchanshe Group aimed at CKD assembly and distribution. Furthermore, an agreement with NBFI Capital opens avenues for manufacturing facilities in Australia, thus amplifying EKA's global footprint.

With two operational facilities in Pune and another in Pithampur shortly commencing operations, EKA plans to ramp up its annual production capacity significantly—aiming for 10,000 buses, 6,000 trucks, and 24,000 SCVs.

Retail Network and Order Visibility

Strengthening its retail network, EKA is on track to add 120 new dealerships in FY27, enhancing accessibility and customer reach across India. Their order book visibility is equally impressive, with 6,000+ confirmed e-buses to be delivered over the next two years, underpinning the robust demand for electric vehicles.

Conclusion

EKA Mobility is undeniably at a pivotal juncture, driving India's transition towards clean and sustainable commercial mobility. With an extensive range of fully homologated, electric platforms, they are well-positioned to meet the evolving demands of the market. The company's growth not only reflects their execution capabilities but also the increasing market need for innovative, eco-friendly transportation solutions. As they continue to expand and evolve, EKA Mobility stands out as a beacon of transformation in the global electric vehicle landscape.