Abdul Latif Jameel, an independent, family-owned, diversified global investor and operator has announced its commitment to invest in Greaves Electric Mobility. Jameel has committed to invest up to $220 million [INR 1700 crores] in Greaves Electric Mobility, marking one of the largest investments in the Indian two-to-three-wheeler space to date. Abdul Latif Jameel will initially invest $150 million [INR 1160 crores] for a 35.8 per cent fully diluted stake in the company making it the second-largest shareholder in Greaves Electric Mobility. 

Greaves Electric Mobility is a subsidiary of Greaves Cotton Ltd, and offers affordable, cleaner alternatives with credible technology stack and after sales support for personal mobility that are accessible to communities in India. Furthermore, the company has emerged as one of the fast-growing EV brands in the country, with retail sales of Greaves Electric Mobility standing at over 62,000 vehicles for the financial year 2022, which is a 128 per cent increase from the previous year,the company said in a release. 

This venture is anticipated to accelerate Greaves Electric Mobility’s transition into the next phase of growth. In addition, it will also help in enhancing the competitiveness of the company in terms of product and market reach, it said. 

Hassan Jameel, Deputy President and Vice Chairman of Abdul Latif Jameel, said, “At Abdul Latif Jameel, we are proud to be investing in Greaves Electric Mobility at such a critical time for India’s EV market. Together, we are embarking on a long-term journey to deliver cleaner, more sustainable – and crucially affordable – transport options to India’s population, and beyond. This agreement aligns with our strategic priority of investing in mobility of the future, in addition to showcasing our joint commitment to making Greaves Electric Mobility competitive and its EV products available to communities in India and potentially other markets in the Global South.” 

The venture builds on Abdul Latif Jameel’s extensive global experience in the automotive market as one of the leading independent distributors of Toyota products for over 65 years. The Jameel Family, who owns Abdul Latif Jameel, are also early-stage investors and the third-largest shareholder of US electric vehicle manufacturer Rivian. The Family are also investors in other cutting-edge innovators such as US venture-backed aerospace company Joby Aviation through their global investment arm JIMCO. With the solid foundation of Greaves Cotton Limited’s 162-year heritage, Greaves Electric Mobility's mission is to help accelerate India’s transition to electrified mobility. 

Nagesh Basavanhalli, Managing Director and Group CEO, Greaves Cotton Limited, said, “This investment from Abdul Latif Jameel is an important step towards clean, sustainable and affordable mobility solutions truly accessible to much wider customer base. Through sheer hard work, innovation and by seizing opportunities presented by changing personal mobility preferences, we have emerged as one of India’s fast growing EV brands. With this investment, we will continue to deliver tangible value to our customers and shareholders alike.” (MT)

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Pune-headquartered electric commercial vehicle manufacturer EKA Mobility has announced that Dr. Hussein Ali Mwinyi, President of Zanzibar, recently flagged off 15 EKA Mobility electric buses in Zanzibar. The commercial operations for the e-buses is scheduled to begin on 1 August 2026.

The deployment forms part of an initial order of 35 e-buses, with the fleet expected to expand to 150 units by the end of the year.

EKA Mobility is collaborating with Global Rapid Transport and the Zanzibar Social Security Fund to train local personnel in vehicle operations, maintenance and safety systems.

Vijay Yelne, President – Export Marketing & SCM, EKA Mobility, said, "The launch of Zanzibar's first electric bus fleet is a strong validation of EKA's technology and our ability to deliver world-class electric mobility solutions beyond India. It demonstrates that products designed and manufactured in India can successfully meet the evolving mobility needs of international markets. This is another step in taking Indian engineering to the world, and we see Africa as a key growth market in EKA's global expansion journey."

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Kia India has launched the Syros EV, it’s first mass-market electric vehicle offering at prices starting INR 1.34 million (ex-showroom) for the 42 kW variant and INR 1.69 million (ex-showroom) for the 51.4 kW Extended Range variant. The EV goes on sale at dealerships nationwide starting 30 July 2026.

The Syros EV is offered with two battery options: a 51.4 kWh battery delivering an ARAI-certified range of 526 km and a 42 kWh battery offering 443 km of range. It features DC fast charging from 10 to 80 percent in a claimed 39 minutes.

Ownership programmes include an Assured Buyback programme offering up to 80 percent resale value after three years, a Battery-as-a-Service programme starting at INR 799,000 with battery EMIs starting at INR 3.3 per kilometre and a lifetime high-voltage battery warranty of 15 years with unlimited kilometres.

Gwanggu Lee, Managing Director and CEO, Kia India, said, "At Kia, every product begins with one question, how can we create greater value for our customers? The Syros EV answers that by making electric mobility more accessible, without compromise. Beyond an attractive price point, we've built one of the industry's most confident ownership propositions with an Assured Buyback programme offering up to 80 percent resale-value, the best in India today, alongside BaaS enabling one of the most accessible entry points into EV ownership; and a Lifetime Battery Warranty delivering long-term battery confidence, addressing the key concerns that continue to influence EV adoption. Combined with segment-leading range of 526 km and 171 PS performance, advanced technology and Kia's growing EV ecosystem, the Syros EV represents our commitment to accelerating India's transition towards sustainable mobility while keeping customer needs at the heart of every decision."

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GreenLine Mobility Solutions Ltd., an Essar venture and the sole Indian operator of LNG and electric-powered heavy commercial trucks for green logistics, has entered into a partnership with Dabur India Ltd., a major FMCG player. The agreement focuses on integrating LNG-powered trucks into Dabur’s logistics network to advance supply chain sustainability.

GreenLine will supply its LNG fleet to handle long-haul freight for Dabur, aiming to cut emissions significantly without compromising on performance or dependability. This move aligns with Dabur’s internal goals for a lower-carbon operational framework and reflects a wider corporate trend in India toward embracing cleaner transport alternatives.

Currently, GreenLine manages over 1,000 LNG and electric vehicles on key freight routes, serving diverse sectors such as steel, cement, mining, FMCG and chemicals. The fleet has surpassed 100 million kilometres in cumulative travel, resulting in more than 27,000 tonnes of CO₂ reductions for its clients, reinforcing the company’s role in reshaping India’s road freight landscape.

Charles Devlin D’Costa, Vice President – Sales, GreenLine Mobility Solutions Ltd, said, "We are pleased to partner with Dabur India, one of India's most respected consumer goods companies, as it adopts greener road transportation solutions. It is encouraging to see more leading Indian companies making low-emission logistics an integral part of their business strategy. Every such partnership strengthens the momentum towards cleaner freight mobility, bringing us a step closer to transforming India's road logistics ecosystem. At GreenLine, we remain committed to enabling businesses across sectors to accelerate the transition to lower-emission transportation."

Samrat Sehgal, Global Director of Supply Chain, Dabur India, said, "Reducing the environmental footprint of our supply chain is an important part of Dabur India's sustainability roadmap. Our partnership with GreenLine enables us to integrate lower-emission transportation into our logistics operations while maintaining efficiency and reliability. We believe collaborations like these will play a key role in building a more sustainable and future-ready supply chain."

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Euler Motors has announced a collaboration with Green Drive Mobility to deploy four-wheeler electric cargo vehicles across mid-mile and last-mile operations. The partnership has deployed approximately 50 units, with plans to reach 500 units during the financial year across Delhi, Bengaluru, Mumbai, Chennai and Hyderabad.

The deployment features Euler’s Storm LR and TURBO EV 1000 models, targeting a total of 1,000 electric cargo vehicles by 2028.

Vani Rikhy Mehra, VP – Sales, Euler Motors, said, “Our collaboration with Green Drive Mobility marks an important step in expanding the role of electric commercial vehicles in India’s logistics ecosystem. Green Drive Mobility is one of the country’s most respected multi-stack EV fleet operators, and we are pleased to support their growth journey with Euler’s purpose-built electric cargo vehicles. Their disciplined approach to fleet expansion and their diverse enterprise customer base align closely with Euler’s commitment to building products and a service ecosystem that enable fleet operators to transition to electric with confidence – improving uptime, lowering operating costs, and reducing emissions at scale.”

Sagar Subramani, COO, Green Drive Mobility, added, “Our collaboration with Euler Motors reinforces our strategy of building a reliable, scalable, and technology-led electric logistics platform powered by the best vehicles from leading OEMs. Euler’s products bring strong payload performance and proven reliability, and their API-led approach fits seamlessly into our operations. As demand for sustainable logistics continues to grow across sectors, this collaboration will help us deliver consistent uptime and operational efficiency to our enterprise customers, while accelerating the shift to zero-emission mobility across India.”

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