Oil Major Indian Oil Corporation (IndianOil) has in collaboration with SUN Mobility opened its electric vehicle (EV) battery-swapping station at its retail outlet in Chandigarh.
SUN Mobility, based in Bengaluru, is a joint venture (JV) between Maini Group and SUN Group, co-founded by Chetan Maini, the founder of India’s first electric car, Reva and Uday Khemka, SUN Group’s Vice President.
Petroleum Minister Dharmendra Pradhan and VP Singh Badnore, Governor of Punjab & Administrator of UT-Chandigarh, inaugurated the battery swapping facility, known as the Fast Interchange Station, at IndianOil’s fuel pump in Chandigarh.
While commending the Ministry of Petroleum and Natural Gas (MoP&NG) and IndianOil’s efforts to improve the environment and economic needs through a series of green initiatives, Badnore said: “Battery-swapping technology is one such initiative that offers the best alternative among solutions for electric mobility.”
Speaking at the event, Pradhan appreciated IndianOil and SUN Mobility ‘s efforts to follow the groundbreaking, renewable energy solution and thus contribute to the Govt. The objective of India to reduce vehicle emissions.
The Minister also hoped that the tie-up would energise 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.
Therefore, by implementing a shared, sustainable and wired mobility future, India will save 64% of the anticipated mobility-related energy demand for passengers on the road and 37% of carbon emissions by 2030.
During the case, IndianOil chairman Sanjiv Singh revealed the plans of the organization and said that it would start with a battery pilot swapping at one of its outlets in Chandigarh and gradually scale it up to 20 stations.
He also said that the technology of battery swapping provides the best solution to slow charging and help drivers make full use of the running times.
Initially, the battery swapping model is targeted at commercial vehicles such as e-cars, e-rickshaws and electric two-wheelers and EVs that are either fitted or retrofitted from the factory.
The state-owned energy major floated on the popular digital platform in May this year inviting electronic bids from eligible bidders to change inverter telemetry to host a real-time generation of Western Area Pipelines (WRPL) rooftop solar plants.