Zelio E-Mobility Partners with Punjab Kings as Official EV Partner for 2026 Season
Chandigarh, April 14, 2026: Zelio Electric Scooters, an electric two-wheeler brand noted for its consistent growth, announced its partnership with Punjab Kings, naming the franchise as the brand's Official EV Partner for the 2026 season. This collaboration merges the momentum of India’s green mobility movement with the energy of one of the country's most-watched sporting franchises.As the Official EV Partner, Zelio E-Mobility aims to significantly expand its brand presence across India by leveraging the platform of Punjab Kings. The scope of the partnership includes branding rights, digital media integration, and in-stadia activations throughout the season. The brand's XMen+ (launched in 2026) and X Men 2.0 models will be prominently featured by the team.
Kunal Arya, Managing Director of Zelio E-Mobility, stated that the partnership is critical for long-term brand building across key Indian markets. He noted that associating with Punjab Kings allows the company to deepen its connection with millions of consumers in Tier 2 markets and beyond, accelerating awareness for the electric two-wheeler lineup. "Cricket continues to be one of the most powerful platforms to connect with audiences across India," Arya said. "Our association with Punjab Kings allows us to engage with a wide consumer base while strengthening Zelio's brand presence in a culturally relevant environment."
Saurabh Arora, Chief Commercial Officer of Punjab Kings, emphasized the synergy between sport and sustainable innovation. He stated that Zelio's focus on electric mobility and accessibility makes them a strong strategic fit for the franchise. "Through this association, we aim to create meaningful fan engagement while contributing to the broader narrative around clean and responsible mobility."
The agreement provides potential customers across the country with an amplified opportunity to discover Zelio's innovative and stylish riding experience.
Company Overview and Financial Context
Zelio E-Mobility Ltd., which was previously known as Zelio Auto Private Limited, manufactures and assembles electric scooters, bikes, and e-rickshaws. The company operates a diversified portfolio, offering its two-wheeler line under the 'Zelio' brand and the three-wheeler e-rickshaw segment through its 'Tanga' line, serving a customer base of over 2,00,000 riders.The company's operational reach is supported by a dealer network of more than 350 outlets across more than 20 states and union territories.
The company also recently completed its public market debut, raising funds through its Initial Public Offering (IPO). The financial details of the IPO are as follows:
| Metric | Value |
|---|---|
| Total Amount Raised | ₹78.34 crore |
| Fresh Issue | ₹58.84 crore |
| Offer for Sale Shares | 11.4 lakh shares worth ₹15.50 crore |
| Overall Subscription | 1.5 times |
Zelio E-Mobility Ltd., headquartered in Haryana, has a mission to engineer vehicles that drive towards a sustainable future. The company has established multiple operational units, including its corporate office in Haryana and Unit II in Odisha.
Stock Price Movement
Zelio E Mobility Ltd shares settled at ₹396.45 on Monday, gaining ₹18.85, which translates to a 4.99% rise. Throughout the trading day, the stock moved between an intraday low of ₹374.00 and a high of ₹396.45.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.