EKA Mobility Receives Letter of Allotment for 310 Electric Buses from CESL
EKA’s electric buses will be completely designed & manufactured in
India
~ 140,000 tons of cumulative CO2 emission to be saved with the
deployment of these electric buses for 12 years
With this order, the company’s order book has increased to 500+ e-buses
& 5000+ e-LCVs
Hyderabad, Wednesday, 15th Feb
2023: EKA Mobility, an electric vehicles & technology company, and
a subsidiary of Pinnacle Industries Limited, today announced that it has
received a letter of allotment (LoA) for the procurement, operation, and
maintenance of 310 electric buses on gross cost contracting, from Convergence
Energy Services Ltd’s recently concluded tender for 6465 electric buses. The
tender was rolled out by state-owned Convergence Energy Services Ltd, a
wholly-owned Energy Efficiency Services Ltd (EESL) subsidiary under the
National e-Bus program Phase 1.
EKA’s e-buses will be deployed in the Transport Department Haryana,
Department of Transport, Arunachal Pradesh, Kerala State Road Transport
Corporation for intra-city operations as part of the government's efforts to
provide clean, sustainable, and efficient transportation options for millions
of people. The deployment of these 310 electric buses for 12 years is expected
to save ~140,000 tons of CO2 emissions. With this order, EKA’s order book has
grown significantly, with more than 500 electric buses and 5000+ electric light
commercial vehicle orders in the pipeline.
Speaking at the occasion Dr. Sudhir Mehta, Founder & Chairman
of EKA by Pinnacle Mobility Solutions, said, "We are
thrilled to have been selected by multiple state transport authorities to
operate electric buses as part of the National e-Bus program Phase 1. This
order is a testament to the fact that design and making in India is now a
reality and is a viable alternative that can replace the Chinese products that
are coming into the market. With EKA, we are confident to build an ecosystem
for sustainable transportation, that is efficient, reliable, and profitable.
This is another milestone achievement for EKA, and we are excited to be
an integral part of India's zero-carbon journey. Would like to also laud the
Government’s continuous support & thrust toward green mobility. It has
given the opportunity to startups & new market entrants to bring innovation
to the sector and become an OEM, in the segment that has been dominated by traditional
OEMs for decades. We now look forward to ramping up our production, delivering
our electric buses to the respective authorities, and continue transforming the
mobility sector sustainably & profitably."
The deployment of electric buses will create jobs and stimulate economic
growth in the local areas where they will be operated. The company is committed
to working with local communities and governments to ensure that the deployment
of electric buses is carried out smoothly and successfully.
EKA Mobility is an automotive and technology company that will introduce
sustainable, profitable & efficient new energy commercial vehicles across
the country. The company has also developed a 9-meter city bus on a hydrogen
fuel cell platform, that is uniquely designed and optimized to suit Indian road
transportation needs. Going forward, the company plans to introduce multiple
variants of electric and hydrogen fuel-cell buses, along with an e-LCV range.
About EKA:
EKA is an automotive & technology company creating a new global CV
electric mobility paradigm. With an industry-leading team, cutting-edge
technology, modular designs, and lean manufacturing processes. EKA’s vision is
to bring reliable and efficient mobility solutions to the masses. EKA’s
sharable technologies and low-investment production processes will enable the
lowest TCO and democratize electric vehicles for mass adaptation.