Advanced battery technology startup Log 9 Materials has partnered with EV charging infrastructure solutions provider Fortum Charge & Drive India to deploy and provide access to their public fast chargers for two-wheeler and three-wheeler electric vehicles (EVs) in India.
The partnership, which is aimed at ensuring a smooth experience vis-à-vis providing accessible fast-charging stations to the Indian customers and/or end-users – will be for a duration of at least 24 months and can thereafter be mutually extended both in terms of period and scope.
As an outcome of this collaboration, consumers charging Log 9 powered vehicles at Fortum’s EV charging stations will be incentivized in terms of a preferential tariff. The tariff scheme is currently only applicable at charging stations located in Hyderabad city and Vijaywada Highway; however, it will be expanded to other tier 1, tier 2, and metro cities of our country in the near future.
Log9 is facilitating access to commercial 2W and 3W electric customers with existing public fast chargers. Enabling ready access to end customers, increasing utilization of existing chargers deployed by charge point operators like Fortum Charge & Drive India as well as incentivizing them for more deployments across the country. With Log 9’s InstaCharging (15 minutes for 2-wheelers, 40 minutes for 3-wheeler) batteries, the number of electric vehicles that can be charged in a given duration is significantly higher.
Catering to a larger number of vehicles obviously allows higher per charger utilization, access to a new customer base of commercial 2W/3W on Public Chargers, provides for interoperable charging infrastructure which can now charge all types of electric vehicles, depending on their compatibility. This is a primary reason for Fortum’s C&D India’s interest in and partnership with Log 9.
Dr Akshay Singhal, founder & CEO, Log 9 Materials said, “Availability of a widespread charging infrastructure is a key driver for EV adoption in India and forms a critical factor in terms of the customer experience too. On the other hand, to justify the charging infrastructure costs, a critical mass of EVs need to be functional on-road.”
Additionally, to minimise downtime and maintain operational efficiency of commercial vehicles, fast-charging is a must. Keeping these aspects in mind, our latest partnership with Fortum will attempt to make Log 9’s InstaCharging mainstream for India’s electric vehicles, he added.
Commenting on the partership Awadhesh Kumar Jha, ED, Fortum C&D India said “This association has come in at the right juncture in the electric mobility paradigm, wherein the largest mobility segment of customers with 2W & 3W were devoid of fast charging capabilities & relevant infrastructure access, thereby saving them precious time & quicker turnaround to cater to their respective customers.”
