Indian Oil Corporation (IndianOil) has announced that it has opened its battery-swapping station for electric vehicles (EVs) at its retail outlet in Chandigarh in partnership with SUN Mobility.
The battery swapping facility, which is known as the Quick Interchange Station, was inducted by Petroleum Minister Dharmendra Pradhan and VP Singh Badnore, Governor of Punjab & Administrator of UT-Chandigarh, at Indian Oil’s fuel pump in Chandigarh.
While praising the efforts of Ministry of Petroleum and Natural Gas (MoP&NG) and Indian Oil towards improving the environment and economic needs via a series of green initiatives, Badnore said: “battery-swapping technology is one such initiative that offers the best alternative among electric mobility solutions.”
Speaking on the occasion, Pradhan appreciated the efforts of IndianOil and SUN Mobility in pursuing the innovative, clean energy solution, thereby contributing to the Govt. of India objective of reducing vehicular emissions.
The Minister also hoped that the tie-up would energize the EV markets in India. The EV opportunity is so big that every player in the eco-system will benefit from it, Pradhan said.
The Minister further added electric mobility can help India meet its Paris Agreement commitment of reducing carbon emission intensity (emission per unit of GDP) by 33 to 35 per cent of 2005 level over 15 years.
Thus, India can save 64 per cent of the anticipated passenger road-based mobility-related energy demand and 37 per cent of carbon emissions in 2030 by pursuing a shared, electric and connected mobility future.
During the event, Sanjiv Singh, chairman of Indian Oil, revealed the organization’s plans and said it will begin with a pilot of battery swapping at one of its outlets in Chandigarh and gradually scale it up to 20 stations.
He also said that battery swapping technology offers the best alternative to slow charging and help drivers to make optimum use of the operational hours.
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