Honda Power and HPCL launch battery exchange service at HPCL service stations
Honda Power Pack Energy India (HEID), a subsidiary of Honda Motor Co for battery swap service and Hindustan Petroleum Corporation (HPCL), an Indian oil company in Maharatna, are expected to start operating Honda e:swap services on August 6, which will be operated by HEID at HPCL gas stations.
In November 2021, HEID was established to begin battery exchange service in India starting with electric rickshaws. The battery swap service will allow rickshaw drivers to stop at the nearest battery stations being installed in selected cities and swap dead batteries (Honda Mobile Power Pack e:) with fully charged batteries. Using this service will significantly reduce the initial cost of purchasing an electric vehicle for drivers, as well as worries about range and running out of batteries.
It was in February 2022, HEID and HPCL signed a memorandum of understanding and a commercial agreement to collaborate in the field of e-mobility. The partners affirmed the mutual commitment through the development of its network of swap stations. HEID has already installed its battery exchanger (Honda Power Pack Exchanger e:) at strategic locations among HPCL outlets in Bangalore and will start its operation initially for electric rickshaws which applies Honda Mobile Power Pack e:.
The battery company aims to create the largest battery exchange network with over 70 stations in Bangalore within the next 12 months. Additionally, based on the success in Bengaluru, the service will gradually be extended to other major cities.
The groundbreaking ceremony was held on August 6, during which both parties celebrated the progress of the partnership and reaffirmed their mutual determination to achieve carbon neutrality and a greener future for India by pursuing electrification. small mobility.
Arata Ichinose, Operations Manager, Head of Business Development Oversight Unit, Honda Motor Co, said he appreciated HPCL’s great support in facing HEID’s challenges and stressed the importance of relationships with all partners. . As a goal of Honda, he also said to bring a cleaner and greener future for customers’ lives by expanding battery exchange service from Bengaluru.
Kiyoshi Ito, Chairman and CMD, Honda Power Pack Energy India said HEID will focus on three actions, which expand its battery exchange network in Bangalore, ensuring reliable service with a highly integrated system monitoring every single battery and exchanger, and supporting automakers developing electric vehicles using the Honda Mobile Power Pack e:.
Sandeep Maheshwari, Executive Director – Retail, Hindustan Petroleum Corporation, said HPCL is committed to accelerating India’s transition to greener energy. “We are one of the largest charging station operators in the country with 1,058 electric vehicle charging stations at our outlets across the country. Today we are launching another groundbreaking initiative in partnership with HEID. HPCL & HEID e:swap stations will facilitate battery swapping for electric rickshaws in Bengaluru. Swappable batteries address key EV adoption issues such as high upfront costs, range anxiety, and long charge times. More than 90% of the country’s vehicle sales are two- and three-wheelers. The simplicity of vehicle design and the smaller batteries required to power electric versions of two/three wheelers make them a prime candidate for trade-in. While Honda brings best-in-class technology to e:swap, HPCL, with its more than 20,000 outlets nationwide and massive presence in every city, will ensure scalability and smooth operation.
Dharmendra Kumar Sharma, Executive Director – Corporate Strategy, Planning and Business Development, Hindustan Petroleum Corporation, said the event marks a small step towards a giant leap in revolutionizing India’s e-mobility ecosystem in the coming days. Wishing Honda every success, he said that with the kind of meticulous planning and detailed market research done by Honda in conjunction with HPCL over the past 2 years in the Indian markets, this is going to disrupt the market in the transformation of e-mobility. two- and three-wheeler markets in the years to come.