A one-stop solution to battery swapping for electric two and three wheeler vehicle startup – VoltUp and Hindustan Petroleum Corporation Ltd (HPCL) have entered into a partnership to open battery swapping centres across India.
“The partnership has unveiled 2 battery swapping stations in Jaipur. In their efforts to set up smart electric mobility stations across India for e-vehicles, the partnership looks to open 50 such battery swapping solutions centres across India in the next six months,” VoltUp said in a statement.
“With this tie up, VoltUp aims at providing infrastructure for instant swapping to end consumers, last mile delivery, shared mobility providers, OEM’s and logistic players with smart lithium-ion batteries in a connected environment friendly manner,” the statement added.
This partnership aims to set and scale up infrastructure – bridging the gap for network, energy and technology.
Speaking on the partnership, Siddharth Kabra, CEO of VoltUp, said – “HPCL, an already active player in the EV segment, recognises the importance of swapping infrastructure in sync with their current model of instant fuelling. This clearly resonates with VoltUp’s business model of instant swap on a pay as you go basis thus also addressing the challenge of the higher upfront cost of EV’s.”
“With a quick to use smart battery swapping networks being set up under tie-up with HPCL, it will promote the end-users to find a fully charged battery within their neighbourhood. This will also act as a catalyst in pushing the envelope of smart mobility in India,” he added.
-AK
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.