An Indian Oil logo is pictured outside a gas station in New Delhi | Photo: Reuters
Indian Oil Corporation (IOC) on Monday inaugurated its first electric vehicle (EV) battery swapping station in Kolkata.
The oil marketing PSU opened the facility at its New Town store on the eastern edge of the city in partnership with Sun Mobility, the company said in a statement, adding that this marks a significant step forward in promoting sustainable and accessible electric mobility solutions . throughout the city.
Battery swapping technology for two- and three-wheeled electric vehicles has proven to be a game changer across India.
IOC Director (Marketing) V Satish Kumar said, “The battery swapping technology represents a significant opportunity to promote sustainable electric mobility solutions. This facility is expected to play a crucial role in electric vehicle adoption and energy transition in Eastern India to lead.”
In the coming months, IOC, in partnership with Sun Mobility, will install more battery swapping facilities in its stores, giving drivers access to the convenient and efficient solution to quickly replace discharged batteries with fully charged ones.
This enables faster turnaround times, making EVs more convenient for users.
Anant Badjatya, CEO of Sun Mobility, explained that the state-of-the-art technology would propel mobility into the future and play an important role in removing the bottlenecks for EV users.
(Only the headline and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)
First print: December 4, 2023 | 9:20 PM IST