Mitsui & Co. invests in EKA Mobility, India's leading EV manufacturer, for EV sector expansion.
Mitsui & Co., a major global trading and investment company, has invested in EKA Mobility, India's leading electric vehicle (EV) manufacturer, to support its expansion in the EV sector. The investment will be used for capital expenditures and working capital. EKA Mobility, established in partnership with VDL Groep, has an order book of over 1,000 electric buses and 5,000 electric light commercial vehicles. This strategic investment aligns with Mitsui's focus on sustainable industries.
June 20, 2024
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