RACEnergy, a Hyderabad-based battery swapping and technology startup, and Hala Mobility, a multi-modal ride-sharing platform, have teamed up to deploy a fleet of 2000 electric two-wheelers for delivery services across the country. The dense battery swapping network developed by RACE throughout the city, as well as the lightweight interoperable battery packs that operate across two and three wheelers, will assist Hala in accelerating and expanding its market and customer base.
The first phase of the deployment will begin in July of this year.
According to Srikanth Reddy, Founder and CEO of Hala Mobility, they can help the cause of sustainable mobility by cooperating with RACEnergy, which uses the most modern battery-swapping technology together with superior cooling techniques and management systems. “These attributes make the battery packs well-suited for India’s hot climate conditions and terrain. With RACE’s impressive advancements, such as their lightning-fast 4-second swapping time and an extensive network of swap points, users are provided with a better vehicle range”, he stated.
“We look forward to partnering with Hala Mobility as we strive to expand the reach of battery-swapping technology to more individuals across the country for all forms of transportation. We have already established a strong presence in Telangana’s e-auto market. By joining forces with Hala, we are confident that we will penetrate the electric two-wheeler market and reach an even broader user base,” stated Arun Sreyas, Co-founder and CEO of RACEnergy.
With a phenomenal 305 percent increase in sales last year, electric two-wheelers are the forerunners in the EV business in India. The alliance will accelerate the adoption of clean transportation in the country by leveraging this vast car market.
