Honda Launches A Battery-Sharing Subsidiary With An Investment Of Rs 135 Crore In India

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Honda Motor Company has established Honda Power Pack Energy India Pvt Ltd, a battery-sharing subsidiary in the country with an investment of Rs 135 crore.

This subsidiary company will provide battery sharing service to boost the use of electric vehicles. The company will also provide technical support and multiple-vehicle original equipment manufacturer (OEMs).

In a statement, the company said, ”It is planned to start battery sharing service for electric auto-rickshaws (E-auto) from the first half of 2022 in Bengaluru, Karnataka and expand operations in other Indian cities in a phased manner.”

”By expanding vehicle OEMs, applications, and service areas, it aims to onboard more drivers which will further enhance service convenience,” the company said.

Battery sharing service subscribers of the company can also avail the services at the nearest battery-swapping station in case of exchanging the discharged batteries and getting fully charged ones.

”By this convenient service, drivers need not to wait for charging and can get back on the road in marginal time,” Honda said.

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‘Honda Mobile Power Pack e:’ will be manufactured in India and this new subsidiary will promote the use of renewable energy sources supporting carbon neutrality in India.

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