KKR to invest up to $310 million in PMI Electro and Allfleet
Global investment firm KKR is injecting up to $310 million into India's electric mobility sector, marking its first climate transition investment in the country. The funding will bolster PMI Electro Mobility and its electric bus platform, Allfleet, enabling the expansion of a significant e-bus fleet. This strategic move underscores India's growing importance in global decarbonisation efforts.
Global investment firm KKR is injecting up to $310 million into India's electric mobility sector, marking its first climate transition investment in the country. The funding will bolster PMI Electro Mobility and its electric bus platform, Allfleet, enabling the expansion of a significant e-bus fleet. This strategic move underscores India's growing importance in global decarbonisation efforts.
