Erisha E Mobility

Erisha E Mobility, a subsidiary of the Rana Group, is a New Delhi-based leader in sustainable mobility and green energy solutions. Founded in 2022, the company operates at the intersection of electric vehicles (EVs), hydrogen technology and renewable energy infrastructure. With a vision to decarbonize transportation and industrial sectors, Erisha E Mobility serves markets across India, UAE, Saudi Arabia, Europe, Africa and the USA, targeting both urban and industrial ecosystems.

Core Products & Services

• Electric Vehicles: Two-wheelers: High-speed electric scooters and motorcycles. Three-wheelers: Passenger and cargo variants, including e-autos and delivery vans. Commercial Vehicles: Electric buses (7m, 9m, 12m), municipal e-dump trucks and hydrogen fuel cell buses.

• EV Charging Infrastructure: 500+ advanced charging hubs in partnership with state governments (e.g., Gujarat, Uttar Pradesh). AC chargers (3.3kW to 14kW) and fast-charging solutions.

• Green Hydrogen Ecosystem: Production, storage and dispensing systems for green hydrogen and ammonia. Hydrogen fuel cell technology developed with European partners.

• Smart Manufacturing Hubs: Integrated facilities for EV and hydrogen vehicle production, semiconductor manufacturing and renewable energy tech.

Unique Value Proposition

• End-to-End Ecosystem: Combines EV manufacturing, charging infrastructure and green hydrogen solutions under one roof.

• Hydrogen Innovation: Among the first in India to develop hydrogen combustion engines and fuel cell buses.

• Cost Efficiency: Affordable EVs starting at ₹1.2 lakh for two-wheelers and ₹4.5 lakh for three-wheelers.

Business Model & Revenue Streams

• Direct Vehicle Sales (B2B/B2C): Revenue from electric two-wheelers, three-wheelers, buses and cargo vehicles.

• Charging Infrastructure Services: Monetization of EV charging hubs through pay-per-use models and subscriptions.

• Green Hydrogen Projects: Revenue from hydrogen production, storage and dispensing systems.

• Smart Manufacturing Hubs: Leasing plug-and-play industrial spaces within SEZs.

• Government Contracts & Grants: Funding from Indian and international green energy initiatives.

Customer Segmentation

• B2B: Municipalities, logistics companies and public transport operators.

• B2C: Individual consumers, SMEs and last-mile delivery fleets.

• B2G: Government partnerships for EV adoption and hydrogen infrastructure.

Growth Strategy

• Global Expansion: Targeting UAE, Saudi Arabia, Europe and Africa with smart hubs and hydrogen projects.

• Product Diversification: Launching eVTOL (electric air taxis) and expanding semiconductor production.

• R&D Investments: $200 million allocated for hydrogen fuel cells and AI-driven fleet management systems.

• Vertical Integration: Controlling supply chains from raw materials (e.g., non-ferrous metals) to end-user solutions.