EKA Mobility lands ₹3K cr electric bus deal
Business Standard|November 02, 2024
EKA Mobility, a Pune-based electric vehicle manufacturer which started commercial production just a quarter ago, has said it has an order book of 1,500 electric buses worth about ₹3,000 crore.
ANJALI SINGH

After rolling out 200 electric buses, the startup is projected to manufacture between 300 and 400 buses by the end of this financial year. To meet the growing demand, EKA Mobility (EKA) plans to ramp up annual production to 1,200-1,800 buses in the next financial year.

Sudhir Mehta, founder and chairman, EKA Mobility said, "We are currently producing about 25 buses per month. By next year, we expect to reach between 100 and 150 buses per month. We are setting up three plants, as we anticipate a significant ramp-up in electric vehicle (EV) volumes."

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