Week In India: BPCL Partners With Bounce Infinity To Establish Battery Swapping Infrastructure In India; Tata Motors Delivers 51 EVs In Nagpur In One Day; And More

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BPCL Partners With Bounce Infinity To Establish Battery Swapping Infrastructure In India

Bharat Petroleum Corporation (BPCL) partners with Bounce Infinity, a Bangalore-headquartered company to boost the EV adoption process by establishing a battery swapping infrastructure. Bounce Infinity will establish its battery swapping stations at BPCL’s fuel stations in phases under this partnership. The company plans to open 3,000 stations in the top 10 Indian cities. The Bounce app allows consumers to search for nearby swapping locations and can swap their almost-drained batteries. Bounce Infinity is currently involved in over 1.2 Million battery swaps for its energy infrastructure.

Tata Motors Delivers 51 EVs In Nagpur In One Day

Tata Motors, India’s leading automobile company, announced the deliveries of 51 EVs (09 Tigor EVs, 39 Nexon EVs and 03 Nexon EV MAX) in Nagpur in the presence of Honorable Minister of Road Transport and Highways of India (MORTH) – Mr Nitin Gadkari, who handed over the keys of these green and clean vehicles to the respective customers. Hosted at Aditya Auto Agencies, Nagpur, the event was also graced by its chief guest – Honorable Justice Supreme Court (Retd.) Mr Vikas Sirpurkar, Owner and Dealer Principal – Mr Prakash Jain and other senior officials from Tata Motors.

eBikeGo Collaborates With Log9 Materials For Introducing InstaCharge For Velocipedo

eBikeGo has collaborated with Log9 Materials for introducing InstaCharge (superfast charging technology) for Velocipedo, an electric trike that will be launched soon. eBikeGo hopes to disrupt the Indian EV market as well as the global one with this partnership. Log9 Materials will also adapt its InstaCharge tech to allow Velocipedo to be charged in a matter of 10 minutes. Velocipedo is an electric trike that was designed in Europe. It has 2 front wheels and 1 back wheel. There are two seats for the two passengers. According to the start-up, the unique design of a three-wheeled electric, the networked vehicle with three wheels will revolutionize urban mobility.

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Zyngo to Deploy 18,000+ EVs Across India for Last-Mile Deliveries by FY 2022-23

Zyngo EV Mobility Pvt., a third-party logistics provider (3PL) based in Delhi-NCR. Ltd. announced they would be exponentially growing the company’s active fleet to include over 18,000 electric cars for last-mile deliveries in India. FY 2022-22. Zyngo is leasing/sourcing these delivery vehicles from some of the country’s top OEMs like Hero Electric, Piaggio and Omega Seiki Mobility. Zyngo has been partnering closely with these OEMs based on solid and reliable SLAs where the OEMs cover all maintenance and servicing. Simultaneously, Zyngo will be looking to enter newer geographies while also scaling its B2B customer-cum-logistics-partner portfolio by more than 10x within the next one year or so.

CESL Issues Tender For Installation Of Electric Vehicle Charging Stations In 8 Indian Cities

Convergence Energy Services (CESL) issues a fresh tender for the installation of electric vehicle charging stations in 8 Indian cities on a build-own-operate basis. The successful bidders will also need to provide eight-year-long operation and maintenance services. Bidders can submit their bids by June 17, 2022. Bidders will need to pay Rs 25,000 for a non-refundable bidding document cost. Bidders must submit an earnest money deposit (EMD), for each city. Micro and Small Enterprises (MSE), will not be required to pay tender fees or EMD. The successful bidders must provide a performance guarantee of at least 3% of each charging station category’s cost within 28 days after receiving notification of the award.

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Power Grid Corporation of India With Tirex Transmission To Deploy EV Charging Stations In India

Power Grid Corporation of India selected Tirex Transmission, a Gujarat-based company, to provide electric vehicle charging solutions for the upcoming deployment of 45 charging stations in India. This project expands on an existing partnership between both companies. They installed 10 charging stations together in remote areas of northeastern India in 2019. Tirex Transmission will provide 60 kW DC fast charger units for the Power Grid project. It will supply two combined charging system output connectors, in addition to high-capacity chargers. This will enable drivers to charge their cars simultaneously using shared power. It will also reduce the queues at EV charging stations.

Svitch MotoCorp To Invest Rs 100 Crore To Develop Electric Bike

Svitch MotoCorp, an Ahmedabad-based electric vehicle maker, said that it will invest Rs 100 crore to develop CSR 762, which is due to go on the market this year. According to a statement, the e-motorbike will cost around Rs 1.65 lakh and will receive a subsidy worth Rs 40,000 as per government orders. Svitch Bike was founded in 2019 and currently offers four bikes: XE, XE+, MXE, and non-electric NXE. These bikes are manufactured at the Sanand manufacturing plant in Gujarat. According to the release, the company has a pan-India presence through a network that includes more than 130 distributors and dealers.

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Abdul Latif Jameel To Invest Total Of US$ 220 Million In Greaves Electric Mobility

Abdul Latif Jameel, an independent, family-owned, diversified global investor and operator has announced its commitment to invest in Greaves Electric Mobility, one of India’s leading two-to-three-wheeler mobility players. Abdul Latif Jameel has committed to invest up to US$ 220 million in Greaves Electric Mobility, marking one of the largest investments in the Indian two-to-three-wheeler space to date. Abdul Latif Jameel will initially invest US$ 150 million for a 35.8% fully diluted stake in the company making it the second-largest shareholder in Greaves Electric Mobility.

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