- They are looking to open 50 battery swapping solutions centres across India in the next six months
- The first two centres have been unveiled in Jaipur as per a company statement
Electric two and three wheeler battery swapping solutions start-up VoltUp has teamed up with Hindustan Petroleum Corporation Ltd (HPCL) for opening battery swapping centres. They are looking to open 50 battery swapping solutions centres across India in the next six months. The first two centres have been unveiled in Jaipur as per a company statement.
It added that 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.
VoltUp CEO Siddharth Kabra said that “HPCL, an already active player in EV segment, recognises the importance of swapping infrastructure in sync with their current model of instant fuelling. It resonates with VoltUp’s business model of instant swap on pay as you go basis thus also addressing the challenge of higher upfront cost of EVs.
Battery swapping offers the best alternative to slow charging
He added that the up with HPCL will accelerate the need for safe, sustainable smart urban mobility while impacting positively the lives of future generations with cleaner air. 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.
HPCL Executive Director, Corporate Strategy Planning and CSP Business Development, Rajnish Mehta said there is an industry consensus that the Indian EV market will be dominated and driven by the 2-3-wheeler commercial segment. For this segment, battery swapping offers the best alternative to slow charging and helps the drivers to make optimum use of their operational hours.
He added that to make battery swap successful, a dense and thick network is essential, so that consumers feel confident about the availability of swaps. HPCL is doing its part in making this market thick on the supply side by means of its wide network of retail outlets which are the natural energy refuelling points for all consumers.
