EKA Mobility, Mitsui, VDL Groep ink strategic partnership to accelerate e-mobility ecosystem, to invest $100 million in India
Pune-based electric vehicles and technology company EKA Mobility has announced a strategic partnership with Mitsui & Co (Japan) and VDL Groep (Netherlands). This move it says aims to propel India towards becoming a global hub for sustainable transportation. The partnership will see an investment of around $100 million (Rs 850 crore) in phases.
EKA Mobility claims that this is one of the largest and most significant partnerships in the new mobility segment in India bringing together the strengths and expertise of three leading automotive conglomerates in Asia & Europe to accelerate the development and adoption of innovative electric mobility solutions globally.
