With electric vehicles’ adoption picking up pace across India, charging still remains a major roadblock for the customers. However, auto companies are eyeing tie-ups to ensure adequate EV charging infrastructure across the country. The latest in the feat is Hero Electric, which will be leveraging Log 9 Material’s InstaCharging battery packs for its electric scooter range.
Log9 claimed it had already tested its RapidX battery packs across B2B fleet operators including Amazon, Shadowfax, Delhivery, Flipkart, BykeMania, among others, prior to the alliance with Hero Electric.
“Some of the B2B businesses wanted to run the bikes continuously for long hours with a minimal interruption in their delivery operations. This game-changing association will maximize the returns on the logistics operations of these B2B businesses,” Sohinder Gill, CEO, Hero Electric, said.
Log9 added that the integration of its battery packs will fully charge Hero Electric's entire portfolio within 15 minutes.
Another startup Exponent Energy claimed that its technology can charge any commercial EV battery from zero to 100 percent in a mere 5-15 minutes, making it similar to refueling a petrol vehicle.
Akshay Singhal, Founder and CEO, Log 9 Materials said,
“Our 'InstaCharge' batteries on Hero vehicle platform will provide the power, performance and peace of mind for the B2B last-mile delivery sector and will benefit the cause of reducing operational costs as well as lowering emissions.”
It is to be mentioned that both the companies will be deploying these batteries in the market via outright sales and battery-as-a-service (BASS) business models.
The BASS model will allow commercial fleet operators to take advantage of the operational performance of the 'InstaCharge' battery packs at nominal monthly rates.