Hero Electric And SUN Mobility Partner To Deploy 10,000 Electric Swappable Two-Wheelers In 2022-23
Highlights
Hero Electric has partnered with Sun Mobility to deploy electric two-wheelers integrated with the latter's smart- swappable battery technology. As part of the partnership, Hero Electric and SUN Mobility jointly will begin deployments in the next three months with a target of around 10,000 electric two-wheelers by the end of this year.
Sun Mobility's battery technology and the interoperability of battery swapping infrastructure will enable Hero Electric's customers to own electric two-wheelers without having to worry about battery and charging infrastructure. It also addresses the issue of extensive charging times and range anxiety, as the batteries can be swapped in a matter of minutes. The network of Quick Interchange Stations allows for a 'refuelling' infrastructure that is faster, cheaper, and more convenient than the conventional petrol and diesel pumps for ICE vehicles. This solution also works on a Pay-Per-Use model that empowers individuals, e-commerce companies, and fleet operators to easily adopt electric mobility for last-mile connectivity.
Commenting on the partnership, Sohinder Gill, CEO, Hero Electric, said, " Through this partnership, we will be offering variety of solutions to the customers suiting their needs and giving them the ultimate pleasure of adopting eco-friendly economical and convenient mobility solutions.
Hero Electric and Sun Mobility would create an ecosystem where the customer has access to the latest battery technologies throughout the product lifecycle without incurring repetitive costs of purchase. They would also collaborate on innovative financing options making it easier for customers to go electric.
Chetan Maini, Co-Founder and Chairman of Sun Mobility, said, "The confluence of Hero Electric's futuristic vision on understanding the EV space and the pros of the battery swapping technology, along with the government's commendable initiatives to come up with tangible policies, will definitely augur well with our common goal to accelerate the demand and adoption of EVs in the country."
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