Allfleet, established in 2022, develops, owns, and operates electric public transport fleets under long-term concession agreements. The platform is on track to deploy more than 5,000 e-buses across key cities. 'Transport electrification is a critical pillar of the energy transition, and India ' with its scale, urbanization trends, and decarbonization ambitions ' represents one of the most significant opportunities for the sector globally,' said Neil Arora, Partner and Head of KKR's Climate Transition strategy for Asia Pacific. KKR's investment will support the expansion of Allfleet's operations and enhance PMI Electro's manufacturing and service capabilities, strengthening an integrated model spanning production, ownership, and operations. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today.
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