Latest news with #SudhirMehta
Time of India
21-05-2025
- Automotive
- Time of India
EKA Mobility secures automotive PLI certificate for electric bus platform
EKA Mobility has been awarded the Automotive Production Linked Incentive (PLI) Certificate under the Advanced Automotive Technology (AAT) Vehicles category by the Automotive Research Association of India ( ARAI ). The certification confirms the company's adherence to the eligibility criteria outlined in the Ministry of Heavy Industries' PLI scheme, which aims to promote the development and manufacturing of electric vehicle platforms in India. ARAI, the designated testing and certification agency under the ministry, issued the certificate for EKA's electric bus platform, recognising its efforts toward indigenisation and alignment with national clean mobility goals. Sudhir Mehta , Founder and Chairman, EKA Mobility, said, 'Securing the Automotive PLI Certificate for the EKA bus platform reflects the evolving readiness of India's EV manufacturing ecosystem to deliver globally benchmarked, locally engineered mobility solutions. The certification affirms the significance of a vertically integrated approach where product development, supply chain localisation, and advanced technology converge to create commercially viable electric vehicles. As India accelerates its transition to sustainable transport, such recognitions help catalyse deeper industry-government collaboration and reinforce the potential of indigenous innovation to lead the shift.' Modular platform The certified electric bus platform is built with a modular structure, allowing configuration across multiple bus lengths based on operational needs. It incorporates a monocoque chassis and lightweight construction, aimed at optimising operational efficiency and cost. According to the company, the platform supports local value addition and is aligned with the objectives of the 'Make in India' initiative. It is developed to enable a low total cost of ownership (TCO), supporting broader EV adoption across commercial transport segments. EKA Mobility continues to focus on the localisation of EV technology and aims to contribute to India's transition towards cleaner transport systems through in-house development and supply chain integration.
The Print
14-05-2025
- Automotive
- The Print
EKA Mobility bags order to supply 750 e-buses in Andhra Pradesh
The large-scale deployment will see the rollout of both 9-meter and 12-meter fully electric buses across eleven cities — Amravati, Anantapur, Kadapa, Kakinada, Kurnool, Rajahmundry, Nellore, Guntur, Vijayawada, Vishakhapatnam, and Tirupati — in the state. The company has bagged a Letter of Award (LOA) and joined hands with GreenCell Mobility to execute the order. New Delhi, May 14 (PTI) Electric mobility firm EKA Mobility on Wednesday said it has received an order to deploy 750 electric buses across 11 cities in Andhra Pradesh. 'We are proud to partner with the Government of Andhra Pradesh and collaborate with GreenCell Mobility to deliver green, smart, and efficient transportation solutions for the people of the state. This partnership marks a significant step toward building smarter, more sustainable cities across India,' EKA Mobility & Pinnacle Industries Founder & Chairman Sudhir Mehta said. EKA Mobility said it had earlier bagged a Rs 150 crore order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) and around Rs 400 crore contract from the Nagpur Municipal Corporation (NMC). PTI MSS MSS SHW This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
14-05-2025
- Business
- Time of India
EKA Mobility ties up with GreenCell to deploy 750 electric buses in Andhra Pradesh
includes both 9-metre and 12-metre buses. The deployment follows CESL 's issuance of the Letter of Confirmation of Quantity (LOCQ) and Rajasthan's LOA for 675 electric buses , marking a significant step in India's e-mobility journey. EKA Mobility will provide 129 nine-metre buses and 621 twelve-metre fully electric buses that will be deployed across Amravati, Anantapur, Kadapa, Kakinada, Kurnool, Rajahmundry, Nellore, Guntur, Vijayawada, Visakhapatnam, and Tirupati. 'We are proud to partner with the Government of Andhra Pradesh and collaborate with GreenCell Mobility to deliver green, smart, and efficient transportation solutions for the people of the state. This partnership marks a significant step toward building smarter, more sustainable cities across India," Sudhir Mehta, Founder & Chairman of EKA Mobility & Pinnacle Industries said. Echoing the sentiments, Devndra Chawla, MD & CEO, GreenCell Mobility, mentioned: "We are honoured to join hands with the Government of Andhra Pradesh to support the state's transition to sustainable public transport. This project is a major milestone in our mission to transform mass mobility through zero-emission electric buses. Together, we are enabling cleaner cities, generating green jobs, and building a more sustainable future for millions"
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Business Standard
25-04-2025
- Automotive
- Business Standard
Eka Mobility aims to manufacture 10,000 e-buses annually by FY27
Eka Mobility, a startup turned original equipment manufacturer (OEM) that makes electric vehicles (EVs), is targeting to ramp up production of e-buses to 10,000 by 2026-27, founder and chairman Sudhir Mehta told Business Standard. According to Mehta, Eka plans to bring in a new product every six months across its commercial vehicle (CV) segments. This is being envisioned as the company is focusing on supply chain management and readying one million square feet of manufacturing space across its three plants. It is expanding its research and development (R&D) and technology centre at the Chakan plant in Pune. 'To contribute to the government's EV push, considering the extremely low penetration of e-buses in the country, we are ramping up our e-bus production capacity to 10,000 in our Koregaon and Pithampur plants by FY27,' Mehta said in an interview. The current capacity at the Koregaon-Bhima unit in Pune is about 2,500 a year, which is expected to increase to 5,000 by FY27. Once operational by FY27, the Pithampur, Madhya Pradesh facility is set to manufacture another 5,000 units annually. Meanwhile, Eka has bagged an order for 2,125 e-buses from the Centre under its PM e-Bus Sewa scheme. The order list includes 750 e-buses for Andhra Pradesh, 675 for Rajasthan and 205 for Chhattisgarh. This is in addition to its previous order of 1,500 e-buses from Uttar Pradesh State Road Transport Corporation (UPSRTC) and Nagpur Municipal Corporation. Launched in August 2023, PM e-Bus Sewa Scheme is aimed at augmenting the bus operations by deploying 10,000 e-buses on the public-private partnership (PPP) model across the country. The e-bus and small electric CV manufacturer now aims to hold the largest electric commercial vehicle portfolio in the country. It plans to create an initial annual capacity of 24,000 vehicles across all truck segments (small CVs to e-trucks). Elaborating on the plan, Mehta said, 'Heavier trucks are under trial and testing at the moment. Commercial launch of these will be before September. The trial and validation process takes almost six months to one year.' 'We will have trucks small to large, from three-wheelers to heavy trucks. For the next 12-18 months, we plan to have the largest fully available electric commercial vehicle portfolio in the country. A new product will be coming every 4-6 months,' he said. On a similar line, Eka also plans to roll out its new 18-metre articulated coach with 125-seater e-buses in the next 12 months. At present, it has a variety of e-buses in the 7-metre, 9-metre and intercity coach segments. The company's head confirmed that Eka is eyeing the e-ambulance market. It plans to roll out e-ambulances as part of its product range over the next year or so. According to Mehta, Eka took the longer route for developing technologies in India with its partners. He said, 'We are creating a supply chain with 100 per cent localisation which took us 4-5 years. Now, you will see us coming with a new product almost every 4-6 months over the next 1-2 years. And, all our products will be available for commercial sale.' When asked about Eka's estimated revenue by FY30, Mehta added, 'We began production 3-4 four months ago. We can estimate once we start selling. If each bus is about ₹1 crore and we do 2,000 buses in 12 months, that's ₹2,000 crore. Trucks will add additional revenue.'
