CONNECT WITH US
EV & Mobility

EV & Mobility

Eka Mobility plans ₹1,000 cr push into electric CV research

ET Sustainability – EV logo

Published on

Add as a preferred source on Google
Eka Mobility plans ₹1,000 cr push into electric CV research

Eka Mobility is expanding its electric commercial vehicle push with a five-year R&D plan worth about ₹1,000 crore and a wider manufacturing ecosystem that the company says has crossed ₹3,500 crore in investment. The business, backed by Mitsui & Co. and VDL Groep, is also targeting exports as a meaningful share of sales volume.

Share Icon Copy Link Share on Whatsapp Share on Linkedin Share on X Share on Telegram Share on Facebook

Electric commercial vehicle maker Eka Mobility is deepening its bet on India-led engineering, with a fresh five-year research push and a manufacturing network designed to support buses, trucks and small commercial vehicles. According to auto.hindustantimes.com , the company is pairing product development with a broader industrial footprint that it says has already crossed ₹3,500 crore in investment.

The plan is not just about adding capacity. Eka Mobility is positioning itself as a technology-first electric CV player, with founder and chairman Sudhir Mehta saying the business intends to spend about ₹1,000 crore more on research and development over the next five years. The company said it has already deployed more than ₹600 crore in R&D, underlining how much of its capital is being directed towards engineering rather than only assembly lines.

Mehta framed the next phase as a long-term technology race rather than a short-term sales push. Speaking at a media interaction, he said the company has a broad 12 to 13 vehicle platform range and will continue investing in technology to stay ahead in e-mobility. His comments suggest that Eka Mobility wants to differentiate itself through in-house development in India, instead of relying mainly on imported know-how or outsourced design.


Source link
Related Topics:EV & Mobility

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.