GreenCell Mobility acquires strategic stake in PMI Electro consortium, to deploy 350 e-buses in Uttar Pradesh

GreenCell Mobility Private Ltd., an electric Mobility as a service (eMaaS) platform in India promoted by Ever Source Capital, has announced a partnership through the acquisition of a strategic stake in two Special Purpose Vehicle companies incorporated by PMI Electro Mobility Solutions Private Ltd., a leading ‘zero-emission’ commercial vehicle manufacturer, which won the bid for deploying 350 electric buses along with charging infrastructure across the cities of Lucknow, Varanasi, Gorakhpur, Kanpur, Prayagraj and Jhansi in two packages in Uttar Pradesh.