PMI Electro To Make Electric CVs At Upcoming Manufacturing Plant In Pune

Mobility Outlook Bureau
14 May 2022
11:03 AM
1 Min Read

This will be PMI's second manufacturing facility in India. The company claimed it will be able to manufacture 4,000 electric CVs per annum using its existing Delhi, and upcoming Pune facilities.

PMI Electric Bus

PMI Electro, an electric commercial vehicles (electric-CVs) manufacturer that was incorporated in 2017, has laid the foundation stone to set up its second manufacturing plant in the country. The new facility will be spread over 250 acres at MIDC, Pune, and will be commissioned by 2023. 

The company already operates a manufacturing facility in Delhi NCR with a production capacity of about 1,500 electric buses a year. The new facility, with a capacity to produce 2,500 vehicles per annum, will be used to manufacture multiple variants of electric CVs, including electric trucks. This will take PMI’s total production capacity to 4,000 CVs in a year. 

PMI said it chose Pune as the location as it allows easy access to the Nhava-Sheva port as well as the supply-chain ecosystem in the city. Once commissioned, the PMI facility will employ 1,500 people.

Satish Kumar Jain, Managing Director, PMI Electro said the new plant will help the company get closer to its dream of becoming a leading electric commercial vehicle player globally, while contributing to Make-in-India and Make-for-India. 

“We, as pioneers of providing zero-emission commercial vehicles, firmly believe that the commercial vehicles powered by clean energy will play a major role in sustainable mobility, and we want to actively contribute towards the future growth of this segment and achieve the sustainability target set out by the Government of India,” he said. 

The company has also entered into a technology collaboration with Chinese major Foton to design environment-friendly commercial mobility solutions in India. It has also won an order to supply 1,000 electric CVs under the Government of India’s FAME-II scheme.

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