PMI Electro Mobility Solutions Private Limited

company 1 Deal 2 Partners

Chennai-based electric mobility manufacturing company focused on EV buses and lithium-ion battery systems. Operates a dedicated EV production facility in Tamil Nadu with integration across battery and vehicle assembly, serving public and private fleet operators in India.

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Founded 2017 300 employees

Automotive ManufacturerOEM/EquipmentDeveloper

Strategic Overview

Focuses on vertically integrated EV manufacturing with in-house battery pack assembly to reduce dependency on imports.
Targets government and public sector fleet electrification programs across Indian states.
Expanding service and charging infrastructure network in coordination with state transport agencies.

Deal History (1)

KKR invests $310M in Allfleet and PMI Electro to scale e-bus platform in India

Partner Transport, Electric Vehicles, Other India Mar 18, 2026 USD310M

Investment Focus

Technologies

Transport1

Electric Vehicles1

Other1

Geography

India1

Key People

S. Senthil Kumar

Founder & Managing Director

Track Record

Years Active

Notable projects: EV Bus Manufacturing Facility, Sriperumbudur, Lithium-ion Battery Pack Assembly Line

Detailed Analysis

Technologies

EV ChargingBattery StorageElectric Vehicles

Sectors

TransportUtilities

Geographies

India (3 deals)

Deal Stage

OperatingGreenfield

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