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Investment in Pinnacle Mobility, an Indian Company Developing Mobility Electrification Business under the EKA Brand

Mitsui & Co., Ltd. (Mitsui, Head Office: Tokyo, President and CEO: Kenichi Hori), along with major Dutch EV bus manufacturer VDL, has invested in Pinnacle Mobility Solutions Private Limited (Pinnacle Mobility), an Indian company that produces and sells electric buses and electric small commercial vehicles under the EKA brand. India is aggressively promoting a policy to popularize EVs as a countermeasure to its serious air pollution problem. By 2030, the government aims to make EVs acc. ....

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Mitsui : Investment in Pinnacle Mobility, an Indian Company Developing Mobility Electrification Business under the EKA Brand -December 26, 2023 at 11:40 pm EST

Mitsui & Co., Ltd. , along with major Dutch EV bus manufacturer VDL, has invested in Pinnacle Mobility Solutions Private Limited , an Indian company that produces and sells electric. ....

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Suzuki, Hyundai, Tata among 20 firms approved for auto sector PLI scheme

Tata Motors, Suzuki, Hyundai, Ford, Ashok Leyland, Kia, and Bajaj Auto are among 20 companies approved for Production Linked Incentive (PLI) scheme for the automobile sector, the Ministry of Heavy Industries said on Friday. ....

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