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EKA Mobility, Shriram Green Finance Ink MoU for EV Financing

Business |Investment

Partnership will provide affordable financing for EKA’s electric buses, LCVs, trucks, and three-wheelers, boosting zero-emission vehicle adoption in India.

526 views | Date: August 25, 2025

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EKA Mobility, Shriram Green Finance Ink MoU for EV Financing
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Pune- EKA Mobility., an electric vehicle and technology company, has signed a Memorandum of Understanding (MoU) with Shriram Green Finance Limited, a wholly owned subsidiary of Shriram Finance Ltd., to drive the adoption of electric commercial vehicles (EVs) in India.

Through this partnership, fleet operators, transporters, dealers, small businesses, and community organizations will gain access to flexible and affordable financing solutions for EKA Mobility’s range of EVs, including buses, light commercial vehicles (LCVs), trucks, and three-wheelers.

Mr. Rohit Srivastava, Business Head and Chief Growth Officer at EKA Mobility, said,  accelerating EV adoption requires not only technological innovation but also robust financial support. He noted that the collaboration combines EKA’s expertise in EV manufacturing with Shriram Green Finance’s wide distribution network to scale sustainable mobility.

Mr. Nanda Gopal, National Business Head at Shriram Green Finance Limited, reaffirmed the company’s commitment to advancing green transportation in India. He said the partnership with EKA Mobility aligns with their mission to finance eco-friendly mobility solutions that promote both economic growth and environmental sustainability.

The MoU is expected to ease financial barriers, expand the deployment of zero-emission commercial vehicles, and support India’s broader climate objectives, including its journey toward net-zero emissions.

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EKA MobilityShriram Green Finance MoU