Clean Energy provider Fortum launches Battery Swapping for light electric vehicles in India
- Successful trials being conducted for two months, the product is now commercially viable
- Devises a 12 Kg battery to be swapped in 2 mins
A live demo was demonstrated onsite on how it will work by taking out the battery from Zbees, putting it back in swapping station, taking out one from station and putting it in Zbee and vehicle driving. The entire process of swapping and driving which Fortum terms as ‘Change & Drive” takes not more than 2-5 minutes which offers excellent turn-around time to e-Autos which will increase their revenue earning potential by allowing them be on rad for longer time. The unique element includes size and weight of the battery which is approximately 13kg making it convenient to be handled by one person.
The project was showcased in presence of eminent officials from NTPC, Indian Oil, Embassy of Finland, and leading vehicle manufacturers, battery manufacturers and suppliers, and startups.
The guest of honour, Ms. Nina Vaskunlahti , Ambassador of Finland to India said,’ India is one of the fastest growing economies in the world and we are really proud of the thriving relations between Finland and India. The focus between the two countries in addition to good political relationship is on business and economic cooperation. In the NORDIC cooperation, our approach is based on three principles - Openness, Innovation and Collaboration. This is a testimony to what we witnessed here today. We are happy to see Nordic companies bringing in their best technology and solutions and custom build it for the Indian market."
The primary target market for the initiative are the major taxi companies in India, and other organizations with large fleets of vehicles that are in need of high uptime in their operations. This project aims to address the woes of end customers’, high cost of owning an EV by reducing the initial costs for batteries.
Clean Energy company Fortum wants to see the adoption of electric vehicles to grow high in India across vehicle spectrum from auto rickshaw to passenger cars to utility. Commenting on the same, Mr. Sanjay Aggarwal, Managing Director, Fortum India said, “Customers want energy solutions that benefit them and embrace future life. We, at Fortum have always been a front runner to offer energy solutions which will pave way for cleaner world. EV space is today at the start of journey, would reach a tipping point in couple of years and will show asymmetrical growth thereon. We want to be the forerunner and are aware that there cannot be a cookie cutter approach across EV charging platforms and would require multiple approaches to reach faster adoption. This initiative of offering Battery Swapping Solution for electrical autos taken by us in collaboration with Clean Motion is one of the paths that all coverage in E Mobility. Also this project is testimony to the fact that time for electric vehicle has arrived in India.”
Mr. Awadhesh Kumar Jha, Vice President – Charge & Drive & Sustainability, Fortum India said, “One of the prime objectives of this project is to demonstrate that battery swapping is feasible in 3- wheelers and can be done by driver without any assistance of any other person. All Zbee vehicles in the test are equipped with telematics equipment, enabling remote monitoring and data logging. We along with Clean Motion believe that the initial cost of batteries is one of the major limitations to shift to electric vehicles and therefore, there must be a cost-efficient alternative for the drivers and operators which is what this project aims at. As a company, we also have a role to play in transforming mobility in India. Increased adoption of EV means improved battery technology at affordable prices.”
Mr. Erik Tutzauer, Innovation and Venturing, Fortum Sweden said, “India is an important market for us and as a leading EVs player in the Nordics, we believe we have the expertise and can help with the transition to Electric Vehicles in India. The model is that Fortum will own the batteries. That way, the cost of the vehicles, the cost of "fuel" and the cost of maintenance will be significantly lower than the same for fossil fueled light vehicles.
“The company is very happy with the performance of battery swapping system deployed by Fortum. We want to engage our customers to join hands for a cleaner world. Partnering with Fortum, we believe that we can create a system at an economical cost for the light electric vehicles in India.”, said Mr. Anil Arora, CEO, Clean Motion India.
Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 9,000 professionals in the Nordic and Baltic countries, Russia, Poland and India. In 2018, our sales were EUR 5.2 billion and 57% of our electricity generation was CO2 free. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com
Fortum Charge & Drive
Fortum Charge & Drive is a pioneer in electric vehicle charging. As Charge Point Operator it has a network of more than 3000 smart chargers in Nordic country out of which more than 30% are DC quick chargers. Starting with a pilot in October 2017, Fortum has already made 36 DC Fast charging points operational in Hyderabad and Mumbai sub urban area.
Fortum Charge & Drive also offers a cloud solution to Electric Vehicle (EV) charging service providers and infrastructure investors. The cloud-based (SaaS) architecture enables flexible, pay-as-you-grow models, and white/grey label alternatives. This service is configured to suit a wide array of custom requirements, from back-end administration allowing an operator to see the status of charger, control charging (e.g. start, stop, restart), manage charging, connect and configure chargers, Remote monitoring and diagnostics, and Price plan administration, to the front-end branding of the consumer mobile app and web portal. The Charge & Drive SaaS cloud solution is hardware agnostic.
For additional information, please contact:
Lead- Digital Marketing; Fortum India
[email protected]/+91 8527694526
Account Manager, Edelman India
[email protected] /+91 9599067185