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Chartered Speed and EKA Mobility announced on August 19, 2025, that they will deploy 1,135 electric buses under the Government of India’s Pradhan Mantri e-Bus Sewa Scheme. The initiative will serve more than 3.6 lakh passengers daily across seven states and union territories while creating over 2,500 new jobs.
The companies recently received a Letter of Confirmation of Quantity (LOCQ) for 235 buses, in addition to an earlier confirmation of 900 buses. Chartered Speed will operate the 235 buses across four states — 110 in Madhya Pradesh, 60 in Odisha, 35 in Chhattisgarh, and 30 in Meghalaya.
Sanyam Gandhi, Whole-Time Director, Chartered Speed, said, “Our vision is to make everyday travel cleaner, safer, and more inclusive. The allocation under the PM e-Bus Sewa Scheme, along with our partnership with EKA Mobility, is a significant step towards delivering sustainable mobility solutions that support communities and contribute to India’s green mobility mission.”
Rohit Srivastava, Business Head and Chief Growth Officer, EKA Mobility, added, “We are committed to making clean and safe mobility accessible to all. Through the PM e-Bus Sewa Scheme and our collaboration with Chartered Speed, we are proud to deploy 1,135 electric buses that will transform India’s cities into smarter, greener, and more people-centric hubs.”
The partnership combines Chartered Speed’s operational expertise with EKA Mobility’s EV manufacturing capabilities. The buses will operate in Rajasthan, Chhattisgarh, Madhya Pradesh, Odisha, Meghalaya, Jammu & Kashmir, and Ladakh.
Founded in 2010, Chartered Speed Limited operates more than 2,000 buses and serves over 3.5 lakh passengers daily, covering city, intercity, and staff transportation. EKA Mobility (Pinnacle Mobility Solutions Pvt. Ltd.), backed by Pinnacle Industries Limited, Mitsui & Co. (Japan), and VDL Groep (Netherlands), focuses on commercial EV solutions with modular designs and lean manufacturing processes.
