HomeOther Energy Applications ›ChargeZone Unveils Battery Passport System to Revamp India's Commercial EV Sector

ChargeZone Unveils Battery Passport System to Revamp India's Commercial EV Sector

The Battery Passport System is designed to enable a shift from linear to circular economies by providing transparent information throughout the battery life cycle, creating a level playing field for all stakeholders in the EV battery ecosystem.

October 15, 2024. By Aishwarya

ChargeZone has rolled out its innovative Battery Passport System, a digital record of a battery, containing a comprehensive set of information collected along the battery life cycle.

The Battery Passport System is designed to enable a shift from linear to circular economies by providing transparent information throughout the battery life cycle, creating a level playing field for all stakeholders in the EV battery ecosystem.

It will also optimize the battery value for all stakeholders including EV buyers, manufacturers, economic operators and recyclers. By providing a Battery-as-a-Service (BaaS) model for large commercial EVs (including buses & trucks), ChargeZone will underwrite the upfront battery costs, offer transparent energy costs for predefined mileage, and ensure reliable performance metrics.

The Battery Passport System will also facilitate the repurposing and recycling of the battery pack, through real-time monitoring of critical aspects of the battery.

"We are excited to unveil the Battery Passport System, a revolutionary innovation set to redefine India's EV landscape," expressed Kartikey Hariyani, Founder and CEO of ChargeZone.

“Notably, our Battery Passport System incorporates a sophisticated financial engineering aspect, strategically splitting EV from Battery cost, ensuring fiscal prudence and viability. With initial implementations catering to electric buses with 200 KWh battery capacity, we anticipate forging long-term contracts for both Charging-As-A-Service (CaaS) and Energy as a Service (EaaS) for high-growth electric bus segments in India. Our value proposition extends beyond financial realms, emphasizing the repurposing of batteries with residual life for Lower Duty Cycle applications. This strategic differentiation, facilitated by our Digital Battery Passport, underscores our commitment to technical excellence,” Hariyani added.

Ravindra Mohan, Group Director at ChargeZone, emphasized the comprehensive nature of the Battery Passport System, and stated, "ChargeZone’s Battery Passport System, developed on the Industrial IoT 5.0 platform, meets industry standards to ensure accuracy, security, and accessibility of battery information. It encompasses everything from data verification to battery storage, sharing, and identification, while also adhering to legal requirements for EV disintegration into battery and vehicle. Our solution streamlines operations and enhances efficiency for manufacturers and users alike, fostering environmental sustainability and contributing to a cleaner and greener future.”

In India, the rapid growth of electric vehicles is propelling the battery storage sector. Recent reports project India's cumulative battery storage capacity to reach 600 GWh by 2030, with electric mobility driving significant demand.

To support renewable energy targets, the Indian government aims to add approximately 500 GW of renewable energy capacity by 2030, underscoring the need for flexible energy solutions like battery storage.

The cumulative potential of lithium-ion batteries in India from 2022 to 2030 is estimated at around 600 GWh, with recycling volume projected to reach 128 GWh by 2030. Investment in energy storage infrastructure is critical to advancing the adoption of renewable energy and electric vehicles nationwide.
Please share! Email Buffer Digg Facebook Google LinkedIn Pinterest Reddit Twitter
If you want to cooperate with us and would like to reuse some of our content,
please contact: contact@energetica-india.net.
 
 
Next events
 
 
Last interviews
 
Follow us