Chartered Speed, along with EKA Mobility, plans to launch 1,750 electric buses in Bengaluru under the PM E-Drive project.

Chartered Speed Limited, which is a passenger bus mobility service provider company has partnered with EKA Mobility, an electric commercial manufacturer, and have received Confirmation of Quantity (LOCQ) in order to deploy 1,750 electric buses in Bengaluru, which is supported by Government of India’s PM E-Drive Scheme. 

This deployment will encourage the development of electric public transport in the city. The allocation will be 39% of Bengaluru’s total of 4,500 electric buses sanctioned under the scheme. 

The Bengaluru Metropolitan Transport Corporation (BMTC) has been updating the electric bus network by adding electric buses in order to achieve Karnataka’s clean mobility initiatives and decarbonisation mission of the Government of India. 

According to the Chartered Speed, it complies with the safety measures for its electric vehicle operations which includes preventive maintenance, battery management, and driver training. 

Under this collaboration, Chartered Speed will be responsible for the operations, while EKA Mobility will be working on vehicle manufacturing and technology assistance, with the ultimate goal of providing developed urban transport services for urban commuters in Bengaluru. 

About Chartered Speed Limited

Chartered Speed was established in 2010 and is involved in the inter-city and intra-city bus services expanded across six states, with a total network of more than 2,000 buses, with an estimated daily commuting of 3.5 lakh passengers. The company has also filed for a DRHP on September 4, 2025 for an IPO.