TTL ElectricFuel Private limited, a leading EV Charging Services provider announces foray into Battery Swapping Services as part of EaaS portfolio for e-2W & e-3W fleet operating companies. The Company, which is already a market leader operating over 75 Charge+Park hubs with 1,200+ charging points across all major cities under the brand “ElectricFuel” sees Battery swapping as complementing its existing Charging business to further maximise its infra capacity utilisation.
With recent reduction of government subsidy on Lithium batteries, customers have to shell out more money to buy electric vehicles. This is already having a significant impact of 2W vehicle sales in last few months. Battery swapping solution offers a great opportunity for e-2W vehicle OEMs to offer vehicles at almost 40% lower costs using smaller batteries, and fleet customers can easily swap their batteries at any of the conveniently located “Swap-n-Go” stations of Electric Fuel.
“We are offering innovative Energy-as-a-Service (EaaS) plans wherein Customers continue to own their existing vehicle Batteries and easily extend driving range of their vehicles by quickly swapping Battery at our fully Automated “Swap-n-Go” stations. By subscribing to our affordable price plans, fleet operators can get access to fully charged Batteries at over 30 locations coming up in Hyderabad. We are already in talks with a number of e-2W fleet operators to onboard their fleet on our “Swap-n-Go”, which vastly improves vehicle range & fleet operational efficiency of their fleets.” says Sitapathy Chavali, CEO.
He further adds that over 500 such “Swap-n-Go” locations planned to come up in next 12 months across Hyderabad, Pune, Bangalore, Chennai, Mumbai and many tier-2 cities.
For more information please visit- http://www.Electricfuel.co.in
