EKA Mobility opens six EV plants in $394M commercial-vehicle push
What's the deal? EKA MobilityDealroom has a profile for this one. Try Dealroom →, with Pinnacle IndustriesDealroom has a profile for this one. Try Dealroom → and group companies, has inaugurated six manufacturing facilities across Maharashtra and Madhya Pradesh under an ecosystem investment of over US$475.3M. The plants, launched at a ceremony in Pune, cover small commercial vehicles, buses, medium and heavy trucks, and components.
What's the endgame? EKA builds electric commercial vehicles and now operates 11 facilities across 120 acres, with combined annual capacity above 40,000 EVs. The group has spent more than US$81.5M on research and development, holds over 300 intellectual properties, and employs more than 6,000 people.
Why now? The expansion follows a sharp commercial run: EKA reported year-on-year revenue growth of 1,243% in the first half of FY27, more than 13 times the prior-year period. It also carries an order book of over 11,000 buses, giving it reason to scale output quickly.
What changes for customers? The six plants aim to bring the full value chain under one ecosystem — vehicles, bus bodies, seating, interiors, and IP67-rated battery enclosures. EKA has already supplied buses to Zanzibar and small commercial vehicles to Nepal, signalling an export push alongside domestic deployment.
Founder and chairman Dr. Sudhir Mehta called the initiative a milestone in building "a globally competitive manufacturing ecosystem rooted in India." The group expects its operations and wider ecosystem to generate over 2.5 lakh jobs within five years.
What could go wrong? Capacity alone does not guarantee delivery. Converting a large order book into revenue will depend on supply, charging and depot infrastructure, and the pace of real-world deployment.
The signal: India's electric bus market is shifting from announcements to large orders and on-road fleets — GreenCell recently raised US$44.8M to deploy 4,500 buses. EKA's move positions it to meet that demand at scale while pushing beyond buses into trucks and smaller commercial vehicles.
Read more: astranewsnetwork.in
Image credit: Generated with Gemini
