Bengaluru, India, August 29, 2024: SUN Mobility, a pioneer in electric vehicle energy infrastructure and services, and Veera Vahana, a leading bus manufacturer, today unveiled a groundbreaking solution for the electrification of heavy commercial vehicles (HCVs). The partnership has introduced India’s first modular battery-swapping technology designed specifically for buses and trucks.
This innovative technology aims to revolutionize the transportation sector by offering a more sustainable, efficient, and cost-effective alternative to traditional diesel-powered vehicles. Battery swapping eliminates the need for lengthy charging times, significantly reducing downtime for fleet operators. Additionally, it lowers the upfront cost of electric vehicles, making them more accessible to businesses.
The partnership between SUN Mobility and Veera Vahana is a significant step towards India’s goal of achieving zero carbon emissions in the transportation sector. By adopting this modular battery-swapping technology, fleet owners can reduce their operational costs, improve vehicle utilization, and contribute to a cleaner environment.
Key benefits of this technology include:
- Reduced operational costs: Battery swapping can decrease operational expenses by up to 20%.
- Increased vehicle uptime: Swift battery swaps, typically completed in under three minutes, minimize downtime.
- Lower upfront costs: The modular design reduces the initial investment in electric vehicles by 40%.
- Enhanced payload capacity: The compact and lightweight batteries ensure that vehicles can carry more cargo.
SUN Mobility’s Smart BatteryTM solution is compatible with a wide range of electric vehicles, from light-duty trucks to heavy-duty buses. The company’s extensive network of battery swapping stations provides fleet operators with convenient access to the necessary infrastructure.
“This partnership marks a significant milestone in our journey to electrify the transportation sector,” said Ashok Agarwal, CEO- HEV at SUN Mobility. “By offering a practical and cost-effective solution for fleet operators, we are addressing the key challenges that have hindered the adoption of electric heavy commercial vehicles.”
K Srinivas Reddy, Managing Director of Veera Vahana, added, “We are proud to collaborate with SUN Mobility to bring this innovative technology to the Indian market. Our commitment to sustainable transportation aligns perfectly with SUN Mobility’s vision.”
Chetan Maini, Co-Founder and Chairman of SUN Mobility, emphasized the potential of this technology to transform the commercial vehicle industry. “This partnership has the power to unlock a multi-billion dollar opportunity and position India as a global leader in transportation electrification,” he said.
With this groundbreaking development, SUN Mobility and Veera Vahana are paving the way for a cleaner and more sustainable future for India’s transportation sector.
