zingbus and Sheru Join Hands in a Strategic Partnership to Scale Intercity E-Mobility
Under this strategic partnership, zingbus plans to add 2200 electric buses and 4000 electric cars to its fleet over the next 5 years. zingbus will utilise Sheru's battery management solution ScaleBat.
June 05, 2023. By Anurima Mondal
Under this strategic partnership, zingbus plans to add 2200 electric buses and 4000 electric cars to its fleet over the next 5 years. zingbus will utilise ScaleBat, Sheru's cutting-edge battery management solution to ensure efficient battery management. ScaleBat offers advanced features for optimising battery performance, reducing operational costs, and extending battery life, thereby enabling zingbus to maximize the potential of their electric vehicles.
In addition, zingbus will leverage Sheru's NetBat platform to monetize idle time by connecting electric vehicles to Sheru's energy storage network. The cumulative battery capacity of zingbus's electric fleet is estimated to be around 1 GWh. By utilizing NetBat, zingbus can offer energy storage services during periods of low vehicle utilization, unlocking new revenue streams and contributing to efficient management of energy infrastructure.
This partnership upholds zingbus' commitment to sustainability and reducing carbon emissions. By scaling its electric fleet, zingbus aims to offset half a million tons of carbon emissions annually, which is equivalent to planting more than 22,000 trees.
"We are thrilled to partner with Sheru to accelerate our transition to sustainable intercity transportation," said Prashant Kumar, co-founder & CEO of zingbus. "With their expertise in battery management and energy storage solutions, we are confident that we can drive innovation together and create a greener future for the transportation industry."
"We are excited to collaborate with zingbus in their ambitious electrification journey," added Nakul Mehan, CTO of Sheru. "Highways form 60 percent of emissions from transportation in India. zingbus has immense potential to lead sustainability for highways, being the most trusted brand in intercity commuting.”
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