EKA Mobility plans ₹1,000-crore R&D investment, targets 40,000-unit capacity utilisation by 2030

EKA Mobility plans ₹1,000-crore R&D investment, targets 40,000-unit capacity utilisation by 2030

EKA Mobility, an Indian EV manufacturer, will invest ₹1,000 crore in research and development to reach a 40,000‑unit production capacity by 2030. The funding targets new battery technologies and vehicle platforms. The firm also aims to raise export sales to 20‑30% of total revenue and is exploring opportunities in African markets as part of its broader growth strategy.