Rapido partners with RACEnergy to launch EV battery swap technology

IFRAME SYNC

Ride aggregator Rapido has announced a partnership with RACEnergy to introduce battery swapping for electric vehicles. The company will set up its first battery swap station in the city of Hyderabad before expanding it to other cities by the end of December this year. The battery-swapping network will help enable electric vehicles to move the last mile with zero downtime.

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Updated on:
February 4, 2023 at 16:38 pm

The first RACEnergy exchange will be established in Hyderabad, followed by expansion to other cities by December 2023
The first RACEnergy exchange will be established in Hyderabad, followed by expansion to other cities by December 2023

Commenting on the partnership, Rapido co-founder Aravind Sanka said: “This partnership is an important step towards green and sustainable transportation solutions. Rapido is constantly striving to provide our customers with the best possible experience. RACEnergy’s battery-swapping technology and energy-dense batteries will help us bring electric mobility to the masses. We see this partnership as beneficial for both parties and it is a welcome addition to our fleet, with electric vehicles in the The Indian market is steadily occupying a place, and we are always striving to embrace the future.”

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Arun Sreyas, Co-Founder and CEO of RACEnergy, said: “We have joined forces with Rapido, the fastest growing taxi aggregator, to revolutionize last-mile transportation with our cutting-edge battery swapping technology. By partnering with Rapido, we aim to is to expand the scope of our solution and provide access to our technology to more commuters. This will allow us to expand our network to multiple cities and carry more e-Auto drivers. Therefore, we expect There will be higher battery utilization and cycling.”

The new replaceable battery has been developed by RACEnergy, which says its battery pack complies with the new AIS 156 certification. These batteries have been certified by the Automotive Research Association of India (ARAI).

First published date: Feb 4, 2023 at 16:38 PM CST

https://auto.hindustantimes.com/auto/electric-vehicles/rapido-partners-with-racenergy-to-introduce-battery-swapping-for-electric-autos-41675508269714.html

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