Voltup partners with HPCL to set up 50 battery swapping centres


VoltUp, a start-up which provides lithium-ion battery swapping solutions for two-wheelers and three-wheelers, on Monday said it has partnered with Hindustan Petroleum Corporation Limited (HPCL) to open battery swapping centres across India.

As part of the partnership the company unveiled two such centres in Jaipur, Rajasthan, while announcing plans to open 50 battery swapping solutions centers in the next six months.

“The lack of charging infrastructure, high cost of adoption and long charging time for electric vehicles have been the hurdles towards adoption of electric mobility in India. To plug these gaps, VoltUp and HPCL have come together towards setting and scaling up infrastructure – bridging the gap for network, energy and technology,” the company said in a statement.

It added that the partnership aims at leveraging the country wide network of HPCL and technological advancements of VoltUp in the field of battery swapping technology.

The swapping stations will be fire and safety compliant with wallet-based payment systems, it said, adding that battery swapping will be done in less than two minutes.

Siddharth Kabra, CEO VoltUp, said, “VoltUp’s entire operations is backed with high-end tech stack providing real time information and thus convenience and transparency to all stakeholders. With our deep understanding and expertise in solar, we intend to integrate green energy for charging batteries and thus providing a complete green solution to the EV industry.”

Rajnish Mehta, ED- CSP & BD, HPCL, “There is an industry consensus that the Indian EV market will be dominated and driven by the two-wheeler and three-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.”

However, Mr Mehta, added that to make battery swap successful, a dense and thick network is essential, so that consumers feel confident about the availability of swaps.

Yuthika Bhargava

The Hindu

You have reached your limit for free articles this month.

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Personalised recommendations

A select list of articles that match your interests and tastes.

Faster pages

Move smoothly between articles as our pages load instantly.

Dashboard

A one-stop-shop for seeing the latest updates, and managing your preferences.

Briefing

We brief you on the latest and most important developments, three times a day.

Support Quality Journalism.

*Our Digital Subscription plans do not currently include the e-paper, crossword and print.

.



Source link

2 thoughts on “Voltup partners with HPCL to set up 50 battery swapping centres

  • December 30, 2020 at 6:49 am
    Permalink

    But better to send to the SFO first and see what they say. Only if they refuse to investigate should we go to the press. No point before as if the SFO opens an investigation the media will report on it anyway

    Reply
  • January 6, 2021 at 3:19 pm
    Permalink

    You give some redundant statements.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *