RACEnergy companions with HPCL to launch its first battery swapping station in Hyderabad

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In January 2022, RACEnergy will arrange three battery swapping stations at varied HPCL retailers at key areas in Hyderabad.


Jayesh Ranjan Principal Secretary I&C & IT Department, Telangana Inaugurating Battery Swap Station

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Jayesh Ranjan Principal Secretary I&C & IT Department, Telangana Inaugurating Battery Swap Station

Hyderabad-based electrical automobile infrastructure start-up, Resneri has introduced a partnership with Hindustan Petroleum Corporation Limited (HPCL) to launch its first battery-swapping station within the metropolis. The firm primarily manufactures battery swapping stations and swappable batteries, and underneath this pilot mission with HPCL, RACEnergy will arrange three battery swapping stations in January 2022 at varied HPCL retailers at key areas in Hyderabad. The firm says that this is step one in its personal proper. Vision to arrange a community of battery swapping infrastructure for electrical two and three-wheelers.

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In January 2022, RACEnergy will arrange three battery swapping stations at varied HPCL retailers at key areas in Hyderabad.

Speaking on the event, Gautam Maheshwaran, CTO & Co-Founder, Race Energy mentioned, “We are excited to affiliate with HPCL as they’re taking daring steps within the house of e-mobility. We want to thank them for a similar. Provides us the chance to function our battery swap stations at their stores.” Arun Shreyas, CEO and Co-Founder, Race Energy, said, “A robust swapping infrastructure is essential to accelerate the adoption of electric vehicles, and HPCL’s network of retail outlets will allow us to reach every nook and corner of the state with ease. “

Also learn: EV infrastructure firm RACEnergy raises $1.3 million in seed+ spherical

RACEnergy goals to offer an built-in resolution by taking the price of the battery out of the automobile and providing vitality as a service via a community of swapping stations. Drivers can swap their discharged battery with a charged battery inside simply 2 minutes, permitting them to function on-road for longer intervals.

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Gautham Maheshwaran (CTO) and Arun Shreyas (CEO) – co-founders of Race Energy purpose to supply vitality as a service via a community of swapping stations.

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To carry the autos on its platform, it’s offering retrofit kits that convert present ICE auto-rickshaws into electrical autos that might be suitable with its swapping community. The firm says that by combining these two applied sciences, it might probably present the same expertise of refueling ICE autos, however with 50 % of the working price and minimal upfront price.

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With inputs from NDTV

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