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EKA Mobility raises ₹500 crore from India-Japan Fund to expand EV commercial fleet
EKA Mobility secures ₹500 crore from IJF to grow EV commercial vehicle production and operations.
Electric commercial vehicle manufacturer EKA Mobility has secured ₹500 crore funding from the India-Japan Fund (managed by NIIF). The capital will be used to scale production, expand its fleet of EV trucks and vans, and strengthen its supply chain. The investment underscores growing Indo-Japanese cooperation in green mobility and infrastructure. EKA aims to address logistics electrification in India’s commercial transport sector as demand for emission-free vehicles rises.