Eka Mobility, an up-and-coming electric vehicle manufacturer, is set to broaden its reach internationally with 11 new vehicle platforms aimed at electric buses, trucks, and small commercial vehicles. The company is targeting key regions such as Africa, the Middle East, and Southeast Asia, supported by strategic collaborations with Mitsui & Co. and VDL Groep.
Eka’s strategy includes the development of region-specific vehicles, such as left-hand-drive buses and three-wheelers tailored for markets with distinct transportation needs. Rohit Srivastava, Chief Growth Officer, highlighted the importance of establishing a strong brand presence in global markets.
Although focusing on international growth, Eka Mobility is also committed to the Indian market, which offers significant potential for electric commercial vehicles. With over 3,500 units in its order book, the company plans substantial investments over the next three to five years.
However, financial documents show the company faced challenges in the fiscal year ending March 2024, posting a net loss of Rs 32.3 crore on revenues of Rs 53.1 crore. Despite these hurdles, partnerships with Mitsui and VDL Groep provide crucial technical support and market entry.
As the electric vehicle industry evolves quickly, Eka Mobility’s strategy of developing customized platforms and balancing both domestic and international growth reflects a careful response to the fast-changing market. Success will depend on the company’s ability to meet market demands, overcome financial challenges, and execute its expansion plans effectively across various regions.
EKA Mobility, a subsidiary of Pinnacle Industries, is a prominent player in the electric mobility space, committed to transforming the future of sustainable transportation. The company focuses on designing and manufacturing electric buses and commercial vehicles that prioritize efficiency, reliability, and environmental consciousness.
With its innovative engineering and cutting-edge technology, EKA Mobility offers cost-effective and energy-efficient solutions tailored for urban and intercity transit. By integrating advanced electric powertrains and smart systems, the company aims to reduce carbon footprints while enhancing the overall passenger and driver experience. EKA Mobility is driving India’s transition towards cleaner, greener, and smarter mobility solutions.
