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Hero Electric, SUN Mobility Partner to Deploy 10,000 Electric 2Ws with Swappable Battery in 2022-23
In line with FM Nirmala Sitharaman’s Budget announcement to introduce a battery swapping policy and recognizing battery as a service to accelerate electric vehicles (EV) adoption in India, Hero Electric has entered into a partnership with SUN Mobility to deploy electric two-wheelers (2Ws) integrated with the latter’s smart-swappable battery technology.
March 07, 2022. By Manu Tayal
In line with Finance Minister Nirmala Sitharaman’s Budget announcement to introduce a battery swapping policy and recognizing battery as a service to accelerate electric vehicles (EV) adoption in India, Hero Electric has entered into a partnership with SUN Mobility to deploy electric two-wheelers (2Ws) integrated with the latter’s smart-swappable battery technology.
Under the partnership, electric 2W major Hero Electric and SUN Mobility, a leading provider of energy infrastructure and services for EVs, will jointly start deployments in the next 3 months with a target of around 10,000 electric 2Ws by the end of this year.
Commenting on the partnership, Sohinder Gill, CEO, Hero Electric, said, “Battery Swapping is emerging as a good catalyst for the exponential growth of the E two-wheelers in India. It reduces the upfront cost of buying a two-wheeler, eliminates the range anxiety and the apprehensions about the useful life of the batteries. It certainly makes a lot of sense for the B2B customers as the swapping stations can be placed in the working zones for the riders to allow them to run their bikes without waiting for the recharging of the batteries. As this concept evolves it will also become an attractive proposition for the retail customers.”
He further added “we have now developed E two-wheelers that will seamlessly integrate with Sun Mobility’s hi-tech swapping stations so as to give years of trouble-free performance of the composite solution. Through this partnership, we will be offering a variety of solutions to the customers suiting their needs and giving them the ultimate pleasure of adopting eco-friendly economical and convenient mobility solutions. Battery swapping has also been declared a focus area in the recent budget and we are in discussions with the govt to help create a cost-effective ecosystem that can support a large-scale conversion of customers from the dirty fuel vehicles to zero-emission clean mobility solutions.”
“We are thrilled to collaborate with one of the pioneers of electric 2W manufacturing in India. The confluence of Hero Electric’s futuristic vision on understanding the EV space and the pros of the battery swapping technology, along with the government’s commendable initiatives to come up with tangible policies, will definitely augur well with our common goal to accelerate the demand and adoption of EVs in the country,” said Chetan Maini, Co-Founder and Chairman of SUN Mobility.
Hero Electric has been now expanding its existing R&D facilities to manufacture the next generation of Low-speed, City Speed and High-speed vehicles for discerning consumers. Moreover, it has been working to enable a robust EV infrastructure in India by expansive investment in innovative technological inventions. The electric two-wheeler manufacturer has sold over 450,000 units and over 750 touchpoints to fasten the electric mobility transition in India.
Under the partnership, electric 2W major Hero Electric and SUN Mobility, a leading provider of energy infrastructure and services for EVs, will jointly start deployments in the next 3 months with a target of around 10,000 electric 2Ws by the end of this year.
Commenting on the partnership, Sohinder Gill, CEO, Hero Electric, said, “Battery Swapping is emerging as a good catalyst for the exponential growth of the E two-wheelers in India. It reduces the upfront cost of buying a two-wheeler, eliminates the range anxiety and the apprehensions about the useful life of the batteries. It certainly makes a lot of sense for the B2B customers as the swapping stations can be placed in the working zones for the riders to allow them to run their bikes without waiting for the recharging of the batteries. As this concept evolves it will also become an attractive proposition for the retail customers.”
He further added “we have now developed E two-wheelers that will seamlessly integrate with Sun Mobility’s hi-tech swapping stations so as to give years of trouble-free performance of the composite solution. Through this partnership, we will be offering a variety of solutions to the customers suiting their needs and giving them the ultimate pleasure of adopting eco-friendly economical and convenient mobility solutions. Battery swapping has also been declared a focus area in the recent budget and we are in discussions with the govt to help create a cost-effective ecosystem that can support a large-scale conversion of customers from the dirty fuel vehicles to zero-emission clean mobility solutions.”
“We are thrilled to collaborate with one of the pioneers of electric 2W manufacturing in India. The confluence of Hero Electric’s futuristic vision on understanding the EV space and the pros of the battery swapping technology, along with the government’s commendable initiatives to come up with tangible policies, will definitely augur well with our common goal to accelerate the demand and adoption of EVs in the country,” said Chetan Maini, Co-Founder and Chairman of SUN Mobility.
Hero Electric has been now expanding its existing R&D facilities to manufacture the next generation of Low-speed, City Speed and High-speed vehicles for discerning consumers. Moreover, it has been working to enable a robust EV infrastructure in India by expansive investment in innovative technological inventions. The electric two-wheeler manufacturer has sold over 450,000 units and over 750 touchpoints to fasten the electric mobility transition in India.
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