EKA Mobility and Shriram Green Finance Join Hands to Push EV Adoption

EKA Mobility signs MoU with Shriram Green Finance

EKA Mobility has signed a Memorandum of Understanding with Shriram Green Finance Limited, a subsidiary of Shriram Finance Ltd. The deal will make financing for electric commercial vehicles in India more accessible.

Wider access to electric commercial vehicles

The partnership will support fleet operators, transporters, dealers, small businesses and community groups. Financing will cover EKA Mobility’s range of buses, light commercial vehicles, trucks and three-wheelers. The goal is to help businesses switch to green fleets without heavy financial strain.

Focus on technology and finance together

Rohit Srivastava, Business Head and Chief Growth Officer at EKA Mobility, said electric vehicle adoption depends on more than technology. It also needs financial infrastructure. He explained that EKA builds electric commercial vehicles, while Shriram Green Finance provides a strong distribution network. Together, they can scale adoption faster.

Shriram Green Finance backs green mobility

Nanda Gopal, National Business Head at Shriram Green Finance Limited, said the company wants to fund sustainable mobility. Financing EKA electric commercial vehicles supports both environmental and economic goals. The company sees this partnership as a step toward cleaner transport in India.

Supporting India’s net zero goals

The MoU is expected to lower financial barriers for EV adoption. More zero-emission commercial vehicles on Indian roads will also support national climate commitments. Both companies see this as part of the country’s journey toward net zero emissions.

Conclusion

The tie-up between EKA Mobility and Shriram Green Finance will give businesses better access to financing for electric fleets. With technology, finance and distribution working together, the future of electric commercial vehicles in India looks stronger and more sustainable.

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