EKA, VDL Groep, and Mitsui have formed a strategic long-term partnership focused on joint investments, equity, and technology cooperation. With a combined investment of over USD 100 million (approximately INR 850 crores), this collaboration aims to position India as a global hub for the manufacturing and sourcing of electric vehicles. Aligned with the Indian government’s ‘Make in India’ initiative, the partnership supports local manufacturing and job creation. It also emphasises a shared commitment to sustainability, driving eco-conscious mobility solutions and contributing to the reduction of carbon footprints.
VDL Groep
Founded in 1953, VDL Groep is the leader in Europe’s coaches and buses sector, holding over 20% market share and operating across 30+ countries. The group’s core business includes subcontracting, car assembly, and production of buses & coaches. VDL is equipping EKA with the technical knowhow to produce electric buses tailored for the Indian market.
Mitsui & Co.
A global leader in trading and investment with a presence in over 60 countries, Mitsui & Co. operates across seven key segments: Iron & Steel Products, Mineral & Metal Resources, Energy, Machinery & Infrastructure, Chemicals, Lifestyle, and Innovation & Corporate Development. As a strategic partner, Mitsui is making significant investments in EKA Mobility, supporting its expansion into emerging markets.
Pinnacle Industries
Pinnacle Industries is India’s largest manufacturer of commercial vehicle seating and interior systems. A trusted supplier to major OEMs, it is also the largest producer of special application vehicles in the country. Pinnacle specialises in bus seating systems and interiors, providing high-quality solutions for the commercial vehicle sector.
