EKA Mobility electric commercial vehicle sales surge fivefold in FY 2025–26

Momentum in electric commercial mobility is accelerating as EKA Mobility reported sales of 1,143 units in FY 2025–26, marking a fivefold increase over the previous year. Production also reached 1,344 units, reflecting a synchronized ramp-up in manufacturing and demand. This growth highlights the company’s strengthening position within India’s electric commercial vehicle landscape, where operators and public agencies are steadily shifting away from diesel-based fleets. The expansion aligns with broader industry trends favoring electrification across urban and intra-city transport networks.

Portfolio Expansion Drives Market Penetration

A broader product portfolio played a central role in scaling volumes, with the company extending beyond buses and small commercial vehicles into the medium and heavy truck segment. This strategic move opened access to long-haul logistics applications, traditionally slower to electrify due to operational constraints. By entering this segment, EKA Mobility diversified its revenue streams while strengthening its relevance in the commercial transport ecosystem. Demand across multiple vehicle categories is increasingly shaped by fleet economics, route optimization, and regulatory pressures encouraging electrified alternatives.

Government Programs Strengthen Electric Bus Demand

Orders secured under national initiatives such as PM e-Bus Sewa and PM E-DRIVE significantly contributed to deployment scale. These programs are part of the central government’s push to electrify public transportation across major urban centers. EKA Mobility’s participation reflects its compliance with homologation standards and its ability to deliver at scale. Deployments have already expanded across more than 15 states, including Maharashtra and Gujarat, reinforcing its operational footprint in key transit markets where electrification adoption is gaining pace.

Growth in SCV and Last-Mile Mobility Segments

The small commercial vehicle category has also witnessed strong traction, supported by newly introduced passenger and cargo variants. These platforms are increasingly preferred in dense urban environments and smaller cities where shorter travel distances improve the economic viability of electric vehicles. Rising demand in last-mile delivery and intra-city logistics has positioned SCVs as a critical segment for growth. The company’s ability to tailor products for diverse applications is enabling wider adoption across commercial use cases.

Hydrogen Technology Adds Future Mobility Dimension

Beyond battery-electric solutions, EKA Mobility is advancing hydrogen fuel cell development with pilot deployments already underway. A 9-metre hydrogen bus has been deployed at Cochin International Airport in collaboration with KPIT Technologies and Bharat Petroleum Corporation Limited. Plans to introduce additional hydrogen buses indicate a dual-technology strategy targeting longer routes and heavier payload requirements. While still in early stages, hydrogen solutions are expected to complement battery-electric systems in specific commercial applications.

Manufacturing Expansion and Capacity Build-Up

Production capacity is being scaled through existing facilities in Pune and the upcoming plant in Pithampur, Madhya Pradesh. Once fully operational, the company aims to achieve annual output capacities of 10,000 buses, 6,000 trucks, and 24,000 small commercial vehicles. This expansion supports both domestic demand and future export opportunities. Investments in manufacturing infrastructure and research capabilities indicate a long-term commitment to scaling operations while maintaining product development agility.

Retail Network and Order Book Visibility

EKA Mobility is expanding its dealership network to strengthen market reach, particularly across Tier 2 and Tier 3 cities. Plans to add 120 new dealerships by FY 2027 reflect a focus on improving service accessibility and customer support. The company also holds an order book exceeding 6,000 electric buses scheduled for delivery over the next two years. This pipeline provides near-term revenue visibility while supporting continued production scale-up.

International Expansion and Strategic Partnerships

Global expansion efforts have begun with electric bus deployments in Africa and partnerships for CKD assembly and distribution. Agreements with international partners, including Kerchanshe Group and NBFI Capital, signal intent to establish a presence in emerging and developed markets. Diversification beyond the domestic market is expected to reduce dependency on local demand cycles while enabling participation in global electrification initiatives. Strategic investor backing further strengthens the company’s position in scaling international operations.

Policy Support and Investor Backing

Recognition under the Automotive Production Linked Incentive scheme has reinforced EKA Mobility’s manufacturing credentials. The policy framework supports companies achieving localization and growth targets, contributing to domestic industry development. Backing from global investors such as Mitsui & Co. and VDL Groep provides financial and strategic support, enabling continued investment in technology, manufacturing, and market expansion. These factors collectively position the company for sustained growth in the evolving commercial EV sector.

Frequently Asked Questions

What drove EKA Mobility’s sales growth in FY 2025–26?
The fivefold increase in EKA Mobility’s sales was driven by product expansion, government-backed bus orders, and entry into new vehicle segments. The company diversified into medium and heavy trucks while strengthening its electric bus and SCV portfolio. Participation in national electrification programs also boosted demand significantly. Additionally, increasing adoption of electric vehicles in last-mile logistics and urban transport contributed to higher volumes, supported by improved manufacturing capacity and growing dealer networks.

What are EKA Mobility’s future growth strategies?
EKA Mobility is focusing on expanding manufacturing capacity, entering global markets, and investing in advanced technologies like hydrogen fuel cells. The company plans to scale production across buses, trucks, and small commercial vehicles while strengthening its dealership footprint. International partnerships in Africa and Australia aim to diversify revenue streams. Alongside this, continued participation in government programs and strong investor backing will support long-term growth and technological development.