EKA Mobility and KPIT Technologies signed a memorandum of understanding on February 6, 2025, to develop electric powertrain technology components for commercial vehicles. The partnership will focus on creating traction motors, controllers, vehicle control units, and battery management systems.
KPIT Technologies (NSE: KPITTECH, BSE: 542651) will provide its electric powertrain technologies to enhance EKA's electric buses and commercial vehicles, aiming to improve energy efficiency and reduce ownership costs.
EKA Mobility's Founder & Chairman Dr. Sudhir Mehta said the collaboration would help accelerate India's transition to zero-emission commercial vehicles. KPIT Technologies CEO Kishor Patil highlighted the focus on developing solutions for India-specific use cases.
The commercial vehicle sector in India has seen increasing electrification efforts, with several manufacturers expanding their electric vehicle portfolios. The government has been promoting electric vehicle adoption through various incentives and policies.
EKA Mobility, a division of Pinnacle Industries Limited, has been developing electric commercial vehicles for the Indian market. KPIT Technologies brings three decades of experience in mobility technology solutions and has been working on indigenous electric powertrain development.
The partnership comes as India's electric commercial vehicle market experiences growth, driven by increasing demand for sustainable transportation solutions and government initiatives to reduce vehicular emissions. The electric bus segment, in particular, has seen significant adoption in public transportation fleets across major cities.