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Tenders: SUN Mobility-IndianOil JV to build battery swapping stations across 40+ cities

Fiinews by Fiinews
June 7, 2024
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Maini has created world’s leading open architecture platform for battery swapping

Bangalore’s SUN Mobility http://sunmobility.com , the leading provider of energy infrastructure and services for electric vehicles (EVs), has announced a strategic collaboration and a joint venture with IndianOil http://iocl.com , to scale up to 10,000 battery swapping stations across 40+ cities in next 3 years https://mopng.gov.in/en .

The joint venture expects will enable seamless adoption of electric https://e-vehicleinfo.com/ mobility across 2W, 3W and small 4W vehicles by providing a convenient “Battery as a Service” (BaaS) mobility solution https://www.speakev.com/ .

SUN Mobility currently supports more than 25,000 electric vehicles in India across 20 cities, using over 630 stations and 50,000+ smart batteries that clock over a million swaps per month while catering to various 2- & 3-wheeler customers https://www.opec.org/opec_web/en/ .

SUN Mobility, Co-Founder & Chairman Chetan Maini said on 5 Jun, “Seven years ago, SUN Mobility was founded on the premise of making electric vehicles affordable, reducing range anxiety and time for charging electric vehicles https://www.ibef.org/ .

“Since then, we have created the world’s leading open architecture platform for battery swapping that seamlessly supports various electric vehicle form factors across multiple OEMs and are deploying globally in partnership with the world’s leading energy companies https://www.iea.org/ .

“Today, on World Environment Day https://www.worldenvironmentday.global/ , it gives me great pride to announce that together, we aim to transform mobility in India and create a benchmark for the world to follow https://mnre.gov.in/ https://ev-volumes.com/ .”

This strategic joint venture brings together the might of IndianOil’s network of over 37,000 fuel stations across the country, with SUN Mobility’s unparalleled battery swapping technology making it as accessible as conventional fuel stations https://attentionindia.com/ .

It will thus streamline the customer’s EV http://tatamotors.com experience by conveniently offering Battery as a Service (BaaS) nation-wide and alleviate worries of battery cost, maintenance, replacement and charging time, he said. fiinews.com

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