KKR Investment in E-Bus Companies Allfleet and PMI Electro
One of 10,000+ projects Taiyo tracks in India.
Source: Mercomindia.com
Global investment firm KKR will invest up to $310 million to acquire a majority stake in Allfleet and a minority stake in PMI Electro. The investment aims to expand electric bus fleets across key cities in India through collaboration with public transport authorities. Allfleet focuses on developing, owning, and operating large-scale electric public transport fleets, planning to deploy over 5,000 e
- Status
- Prospective
- Sector
- Electric Vehicles (EVs), Automotive, Mass Transit, Commercial
- Location
- India
- Updated
- 22 Jul 2026
- Source
- Mercomindia.com
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Global investment firm KKR will invest up to $310 million to acquire a majority stake in Allfleet and a minority stake in PMI Electro. The investment aims to expand electric bus fleets across key cities in India through collaboration with public transport authorities. Allfleet focuses on developing, owning, and operating large-scale electric public transport fleets, planning to deploy over 5,000 e-buses. PMI Electro manufactures electric commercial vehicles and has deployed over 3,000 e-buses across more than 30 cities in India. |
Original sector | Electric Vehicles |
Budget |
Location
Country | India |
Source
Source | Mercomindia.com |
URL |
More Details
Record type | Project |
Sector | Electric Vehicles (EVs), Automotive, Mass Transit, Commercial |
Article published date | 2026-03-21 |
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