What Lithium Urban Technologies (Lithium) does

Lithium Urban Technologies Private Limited is an Indian electric Mobility-as-a-Service (eMaaS) company headquartered in Bengaluru, Karnataka, founded in 2015 and operating a 100%-owned fleet of 3,000+ electric vehicles across 19 cities pan-India. Its core platform, branded PROJECT LITHIUM™, combines a Web Portal, mobile applications, and operational software with on-the-ground fleet operations — vehicles, certified drivers, on-site/off-site teams, and a captive network of 1,200+ DC fast-charging stations and 24 charging hubs (90% renewable-powered) — to deliver managed corporate employee transport, business travel (LeChal), EV charging (LiON), and electric freight (QuickLi). Following its May 2021 acquisition of Pune-based SmartCommute, the company also sells a SaaS-based employee transportation management platform to enterprises.

The company sells primarily to enterprise B2B customers — IT/ITES firms, Global Capability Centres, and large corporates such as Wipro, Uber, and WaveRock SEZ — under a "flat budget" annual subscription model that bundles zero-emission fleet, drivers, technology, and SOPs in exchange for recurring revenue. Pricing is quote-based and not publicly disclosed. Revenue is supplemented by usage-based pay-as-you-go EV charging contracts and business travel / freight services. Lithium is majority-owned by PE firm EverSource Capital since March 2022 (over $50 million invested), and in April 2025 EverSource announced a planned acquisition and merger with BluSmart alongside an additional ~$100 million of post-merger capital.

Underlying the offering is an AI-powered connected-fleet stack: AI routing, smart charging, predictive scheduling, real-time monitoring, and the SmartCommute AI-enabled employee-transport routing engine. Call-center operations additionally use an AI Scribe for real-time transcription and voice analytics for quality assurance and sentiment monitoring. The company reports 225M-350M cumulative electric kilometers and 72,000+ metric tons of CO2 abated, holds ISO 26000 certification (claimed as a world first for a transport company), and is self-attested as compliant with IFC ESG Management System policies.

Name

Lithium Urban Technologies (Lithium)

Legal name

Lithium Urban Technologies Private Limited

Website

https://project-lithium.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Lithium Urban Technologies is India's largest electric Mobility-as-a-Service (eMaaS) company, operating a 3,000+ EV fleet and 1,200+ DC fast-charging stations across 19 cities. It serves 100+ corporate clients with managed employee transport, AI-powered routing, captive charging, freight, and SaaS fleet management.

Ownership category

akta.pro rank

Product category

Electric Corporate Mobility-as-a-Service (eMaaS)

NAICS

Taxi and Ridesharing Services (485310), Passenger Car Rental and Leasing (53211), Electric Power Generation, Transmission and Distribution (2211)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510), Transportation Services (4700), Electric Services (4911)

akta.pro primary industry

EV Fleet Leasing & Subscription (EVs, Charging Bundles, Battery-as-a-Service) (TLABAHAH)

akta.pro secondary industries

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG), Battery Pack Repair/Remanufacturing & Module/Cell Replacement (TLAKAMAB), EV Charging Operations & Parking-Lot Electrification Management (BPABAKAK)

Keywords

• Electric mobility services
• Corporate employee transportation
• EV fleet operations
• EV charging infrastructure
• Smart commute solutions

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Managed Transport Solutions (eMaaS Subscription): Lithium takes complete ownership of transportation budgets, combining the benefits of its EV fleet with outsourced vendor management to deliver a comprehensive, end-to-end eMaaS solution. Customers receive standardized SOPs, fully electric fleet, drivers, and technology as an integrated service.
2. Corporate Employee Transport Subscription: Recurring B2B contract-based revenue from corporate clients using Lithium's EV fleet for daily employee transportation, with a flat budget model offering zero fuel price escalations and zero capital expenditure.
3. Business Travel / LeChal Service: On-demand business travel mobility services for corporate clients.
4. Freight Service — QuickLi: EV-based freight/mobility service for goods movement.
5. EV Charging Infrastructure — LiON: Exclusive EV charging solutions with on-site charging, separate metering for precise energy consumption tracking, and pay-as-you-go contracts for corporate clients; select hubs also open to public.
6. SaaS Platform (SmartCommute): SaaS-based employee transportation management software sold to enterprises following the SmartCommute acquisition.
7. EV Adoption / ICE-to-EV Transition Consulting: Facilitates clients' transition from ICE to electric vehicles, leveraging Lithium's EV fleet and charging network.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Lithium Urban Technologies operates India's largest 100% electric corporate Mobility-as-a-Service (eMaaS) fleet, providing end-to-end zero-emission employee transportation, business travel, freight, and EV charging infrastructure to 100+ corporate clients across 19 cities. The integrated offering bundles owned EVs, certified drivers, AI-powered routing and fleet management software, a captive network of 1,200+ DCFC chargers, and 24/7 operations under a flat-budget annual subscription. Following the 2021 acquisition of SmartCommute, Lithium also licenses an AI-enabled SaaS employee-transport management platform to enterprises.

Product overview

Lithium Urban Technologies operates a platform-plus-modules architecture branded as the PROJECT LITHIUM™ Product Suite (Web Portal, Mobile Applications, and Web Software), with eMaaS (Electric Mobility as a Service) as the central integrated offering that ties together its modular service brands: LeChal for Business Travel, LiON for Charging Infrastructure, QuickLi for Freight, and the acquired SmartCommute SaaS platform for employee transport routing. Underpinning the platform are AI-powered routing, smart charging systems, and real-time fleet analytics applied across a 100% electric fleet of 3,000+ vehicles operating in 19+ cities across India, supported by a Saarthi Kendra driver operations network and an in-house network of 1,200+ DCFC charging stations powering 225M+ electric kilometers covered and 72,000+ metric tons of CO2 abated.

Differentiator

Problem solved

Functional benefit

Brands

• PROJECT LITHIUM™ Product Suite: Trademarked product suite comprising the Web Portal, Mobile Applications, Web Softwares, cab service and website of Lithium Urban Technology Private Limited.
• LeChal
• LiON
• QuickLi
• Lithium Saarthi Kendra

Products and services

• eMaaS (Electric Mobility as a Service) Subscription-based integrated mobility service bundling owned EVs, trained drivers, AI-powered routing, smart charging, and managed operations for corporate clients across India.
• LeChal (Business Travel) On-demand electric-vehicle-based corporate business travel mobility service for client organizations.
• LiON (EV Charging Infrastructure) Exclusive and public EV charging service with on-site charging, separate metering, modular hardware, multi-gun options, and pay-as-you-go contracts for corporate clients and select public users.
• QuickLi (Electric Freight) Electric-vehicle-based freight and cargo mobility service for goods movement, available to enterprise customers as part of Lithium's eMaaS stack.
• SmartCommute (AI-enabled Employee Transport SaaS) Cloud-based SaaS platform that automates routing, scheduling, and management of corporate employee transport using AI-enabled solutions for enterprises.
• Saarthi Kendra (Driver Service Network) Driver recruitment, document collection, background verification, training, online assessment, driving tests, and deployment of certified independent-contractor service providers for the EV fleet.
• PROJECT LITHIUM™ Product Suite (Web Portal, Mobile Apps, Client Portal) Digital platform — comprising web portal, mobile applications, web software, and a Client Portal — that powers India's largest 100% electric corporate eMaaS fleet, integrating vehicle management, AI-powered routing, and EV charging operations across 19+ cities.

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered flagship / core, minor and core.

• Uberflagship / coreGTM or Marketing Partner · 1 February 2023Uber partnered with Lithium to start EV operations in India, with Uber adding 1,000 electric cars in partnership with Lithium Urban Technologies. The collaboration supports Uber Green and broader EV adoption on Uber's platform.
• WaveRock SEZminorOthers · 1 June 2022Lithium facilitated adoption of electric vehicles at WaveRock SEZ (a large commercial office park in Hyderabad) for employee transport.
• Tata Motorsflagship / coreStrategic or Co-development Partner · 25 April 2022Tata Motors signed an MoU with Lithium Urban Technologies to deploy 5,000 XPRES-T electric sedans — described as the largest EV fleet deployment in the country. Earlier (2019), Tata Motors had also bagged an initial order for 500 EVs from Lithium. The partnership supports Lithium's employee transportation and eMaaS expansion.
• SmartCommutecoreStrategic or Co-development Partner · 26 May 2021Lithium Urban Technologies acquired Pune-based SmartCommute, a SaaS platform for employee transport services founded in 2014. The acquisition expanded Lithium's services into the larger transportation and mobility ecosystem, including AI-enabled routing and tech-enabled transportation solutions.
• HIDCO (Housing Infrastructure Development Corporation)minorStrategic or Co-development Partner · 1 August 2020Lithium Urban Technologies, Fourth Partner Energy, and HIDCO partnered to set up an EV charging station in Kolkata, with Lithium expanding operations into Kolkata.
• Fourth Partner EnergycoreStrategic or Co-development Partner · 1 July 2020Fourth Partner Energy and Lithium Urban Technologies partnered (JV) to set up solar-powered EV charging infrastructure across India, including a collaboration with HIDCO to set up an EV charging station in Kolkata.
• SE2 IndiaminorStrategic or Co-development Partner · 1 April 2020SE2 India tied up with Lithium Urban Technologies for EV fleet operations.
• WiprocoreStrategic or Co-development Partner · 1 January 2019Lithium Urban Technologies partnered with Wipro for employee transportation using an EV fleet, including deployment of an EV fleet in Delhi NCR.
• Mahindra ElectriccoreTechnology or Integration · 1 January 2019Mahindra Electric supplied 1,000 EVs (eKUV100, eXUV300) to Lithium Urban's fleet; Mahindra EVs in Lithium Urban's fleet clocked over 100 million e-km.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• BluSmart Mobility: India's largest all-electric ride-hailing platform; the most direct competitor to Lithium's eMaaS business and the announced merger partner under EverSource Capital — both serve corporate clients and operate EV fleets with captive charging.
• MoveInSync: Bengaluru-based SaaS leader for employee transport management; directly comparable to Lithium's SmartCommute platform with similar AI-driven routing and corporate customer base.
• Shuttl (Trevo / Vacanza): Tech-enabled corporate employee shuttle service in India; comparable B2B employee transport model though primarily ICE-led; competes for the same corporate RFPs as Lithium.
• Magenta Mobility: India-based EV fleet-as-a-service provider for last-mile logistics and corporate transport; comparable asset-owning EV fleet model and corporate customer focus.
• Fourth Partner Energy: Lithium's JV partner for solar-powered EV charging infrastructure; comparable EV charging network operator in India serving captive and public charging demand.

Broad incumbents

• Ola Electric: India's largest EV two-wheeler manufacturer with growing four-wheeler ambitions; broader incumbent in Indian EV mobility that competes for corporate and consumer EV demand.
• Uber India: Global ride-hailing leader and Lithium's partner for Uber Green in India; broader incumbent with overlapping B2B and consumer EV mobility ambitions.
• Tata Motors (EV division): Lithium's largest vehicle supplier (5,000 XPRES-T MoU) and dominant Indian EV OEM; broader incumbent whose commercial EV roadmap directly shapes Lithium's fleet unit economics.

Emerging players

• Eka Mobility: Indian electric commercial vehicle OEM (buses and light commercial vehicles); emerging player intersecting with Lithium's fleet supply chain and potential ICE-to-EV transition consulting offerings.

Regional players

• Ather Energy: India's leading electric two-wheeler OEM and charging network operator; adjacent EV ecosystem player relevant for benchmarking Indian EV adoption and infrastructure playbooks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat8 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCB6du8z5lonZzMIeonyB8Ig
• LinkedInlinkedin.com/company/lithium-urban-technologies
• Xx.com/lithiumurban

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lithium Urban Technologies (Lithium)