Mitsui & Co and VDL completed a $100m investment in Pinnacle Mobility.

Mitsui & Co, a global trading and investment company, and VDL, an EV bus manufacturer, completed a $100m investment in Pinnacle Mobility, a producer and seller of electric buses and electric small commercial vehicles. By leveraging Pinnacle Mobility's engineering capabilities and local procurement network, VDL's technological capabilities cultivated in Europe, and Mitsui's global network, we aim to make India a global hub for EV manufacturing and development under the EKA brand.