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JSW Green Mobility Makes Strategic Investment in Lithium Urban Technologies

Lithium Urban Technologies has announced a strategic investment from JSW Green Mobility to support the expansion of its integrated electric mobility platform, which operates over 3,000 vehicles and 1,300 chargers and manages more than 25,000 trips daily for over 100 enterprise customers.

June 25, 2026. By Mrinmoy Dey

Lithium Urban Technologies has announced a strategic investment from JSW Green Mobility. The strategic partnership will accelerate Lithium's expansion as demand for reliable, technology-enabled and sustainable mobility solutions continues to grow across enterprise and digital mobility ecosystems.
 
The Company has built an integrated mobility platform spanning electric fleets, charging infrastructure, fleet intelligence systems and centralised operational command capabilities. The company manages over 25,000 trips daily through a network of more than 3,000 vehicles and 1,300 chargers, serving over 100 enterprise customers, stated the company.
 
Dhanpal Jhaveri, Chief Executive Officer, Eversource Capital, said, “Mobility is increasingly becoming an ecosystem play, where value will accrue not to individual assets, but to platforms that can integrate infrastructure, technology and operations at scale. Lithium has built a business with strong operating foundations and this investment by JSW Green Mobility provides significant headroom for growth. By combining fleets, charging infrastructure, intelligent mobility systems and centralised operational oversight within a single platform, Lithium has developed capabilities that are increasingly difficult to replicate at scale. We look forward to this partnership with JSW Group, whose long-term orientation and industrial lineage add an important dimension to Lithium as it enters its next phase of value creation.”
 
Parth Jindal of JSW Group, said, “India's mobility landscape is undergoing a structural transformation, driven by rapid urbanisation, electrification and the growing scale of digital commerce. We believe the future will be shaped by integrated, technology-led mobility platforms that can deliver reliability, operational efficiency and scale. Lithium has built a differentiated business with strong execution capabilities and high-quality infrastructure. We are excited to partner with Lithium Urban as it accelerates growth and helps shape the future of clean mobility in India.”
 
Don Thomas, Chief Executive Officer, Lithium Urban Technologies, said, “India's commercial mobility sector continues to be dominated by conventional fuel-powered vehicles. The opportunity ahead is not simply to replace vehicles, but to build the infrastructure, operating systems and technology capabilities required to make electrification work at scale.”
 
He further added, “Over the last decade, we have built that foundation spanning charging infrastructure, fleet intelligence systems and centralised Network Operations Centres. We believe the market will increasingly shift to organised platforms that can deliver reliability, safety and operational efficiency. Lithium's technology-enabled platform is well-positioned to accelerate that transition.”
 
The partnership with JSW Green Mobility, as a strategic investor, will help Lithium Urban Technologies accelerate electric fleet deployment, expand charging infrastructure and continue strengthening the technology capabilities, said Thomas.
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