This article contains content that is written like
an advertisement. (January 2024) |
Company type | Private |
---|---|
Industry | Automotive |
Founded | 2017 |
Founders | Chetan Maini, Uday Khemka, Ajay Goel |
Headquarters | , India |
Key people |
Chetan Maini (
Chairperson).
[1] |
Products | Electric Vehicle Infrastructure |
Services | EV Battery Swapping & Energy Infrastructure |
Number of employees | 500 [2] |
Parent | SUN Mobility PTE, Singapore |
Website |
www |
SUN Mobility is an electric vehicle energy services company founded in 2017 [3] [4] [5] [6] that develops, manufactures and operates battery swapping infrastructure [7] for electric two-wheelers, three-wheelers, and larger commercial vehicles. [8] [9] Battery swapping technology helps accelerate the faster adoption of electric vehicles due to the lower upfront purchase price of electric vehicles, and the lower running costs - particularly in the case of commercial applications. [10]
The company is a joint venture [11] between the SUN Group and the Maini Group, [12] both companies in the areas of electric mobility and clean energy. The company is co-founded by Chetan Maini, the founder of the Reva Electric Car Company [13] (now known as Mahindra Last Mile Mobility Limited), Uday Khemka, Vice Chairman of SUN Group, and Ajay Goel, Co-Founder & Executive Director. [14] Anant Badjatya is the current CEO of the India business, since March 2022. [15]
In 2019, Bosch (company) invested SUN Mobility to the tune of $25 million [16] and has since been a technology partner. Vitol, the Dutch oil trading organization, is also an investor in the company having made an investment of $50 million in 2021. [17]
In 2023, SUN Mobility began international operations with Shell being a partner in the Philippines. [18]
Battery swapping as a technology addresses common roadblocks to electric vehicle adoption such as high up-front costs, range anxiety, battery management concerns, and battery pack obsolescence. [19] SUN Mobility's battery swapping technology enables users to purchase their electric vehicles without a fixed battery pack, and subscribe to a battery swapping service that allows them to simply swap a depleted battery for a fully charged, temperature-controlled battery pack. [20] [21]
SUN Mobility offers Battery-as-a-Service (BaaS) [22] and Mobility-as-a-Service (MaaS) [23] as two solutions to its customers.
SUN Mobility operates over 600 battery swapping points [24] [25] across India, and has the leading market share in e-auto and e-loader (three-wheeler cargo vehicle) categories, the highest market share in swappable e-bikes, and about 50% market share in e-rickshaws in northern parts of India.
SUN Mobility provides modular Smart Batteries that are smaller, lighter than conventional fixed EV batteries, and swappable in a few minutes. The second-generation Smart battery S2.1 was launched at the Delhi Auto Expo [26] in January 2023. This new model of the battery offers a higher capacity compared to the earlier generation battery and comes with enhanced safety features.
The SwapX is a battery swapping station that was developed by SUN Mobility to improve the density of the battery swapping network. SwapX was launched in January 2023 at the Delhi Auto Expo. [27] It comes with 3 docks and can be installed within an area of 4.5 to 6 sq. feet, and requires a 15A power supply to operate.
SUN Mobility has partnered with fleet operators (such as Amazon, [28] Zomato, [29] Swiggy [30]), shared mobility service providers, and automotive OEMs(such as Omega Seiki Mobility, [31] Hero Electric, [32] Piaggio Vehicles Pvt. Ltd., [33] and a few others) across vehicle platforms including two-wheelers, three-wheelers, and four-wheelers to bring battery swapping to a wider user base across India.
In collaboration with prominent energy infrastructure players, electricity distribution companies, and city transport corporations such as Indian Oil Corporation, [34] Delhi Metro Rail Corporation, [35] Tata Power Delhi Distribution Limited, [36] etc., the company has been working on expanding their network across urban India.
This article contains content that is written like
an advertisement. (January 2024) |
Company type | Private |
---|---|
Industry | Automotive |
Founded | 2017 |
Founders | Chetan Maini, Uday Khemka, Ajay Goel |
Headquarters | , India |
Key people |
Chetan Maini (
Chairperson).
[1] |
Products | Electric Vehicle Infrastructure |
Services | EV Battery Swapping & Energy Infrastructure |
Number of employees | 500 [2] |
Parent | SUN Mobility PTE, Singapore |
Website |
www |
SUN Mobility is an electric vehicle energy services company founded in 2017 [3] [4] [5] [6] that develops, manufactures and operates battery swapping infrastructure [7] for electric two-wheelers, three-wheelers, and larger commercial vehicles. [8] [9] Battery swapping technology helps accelerate the faster adoption of electric vehicles due to the lower upfront purchase price of electric vehicles, and the lower running costs - particularly in the case of commercial applications. [10]
The company is a joint venture [11] between the SUN Group and the Maini Group, [12] both companies in the areas of electric mobility and clean energy. The company is co-founded by Chetan Maini, the founder of the Reva Electric Car Company [13] (now known as Mahindra Last Mile Mobility Limited), Uday Khemka, Vice Chairman of SUN Group, and Ajay Goel, Co-Founder & Executive Director. [14] Anant Badjatya is the current CEO of the India business, since March 2022. [15]
In 2019, Bosch (company) invested SUN Mobility to the tune of $25 million [16] and has since been a technology partner. Vitol, the Dutch oil trading organization, is also an investor in the company having made an investment of $50 million in 2021. [17]
In 2023, SUN Mobility began international operations with Shell being a partner in the Philippines. [18]
Battery swapping as a technology addresses common roadblocks to electric vehicle adoption such as high up-front costs, range anxiety, battery management concerns, and battery pack obsolescence. [19] SUN Mobility's battery swapping technology enables users to purchase their electric vehicles without a fixed battery pack, and subscribe to a battery swapping service that allows them to simply swap a depleted battery for a fully charged, temperature-controlled battery pack. [20] [21]
SUN Mobility offers Battery-as-a-Service (BaaS) [22] and Mobility-as-a-Service (MaaS) [23] as two solutions to its customers.
SUN Mobility operates over 600 battery swapping points [24] [25] across India, and has the leading market share in e-auto and e-loader (three-wheeler cargo vehicle) categories, the highest market share in swappable e-bikes, and about 50% market share in e-rickshaws in northern parts of India.
SUN Mobility provides modular Smart Batteries that are smaller, lighter than conventional fixed EV batteries, and swappable in a few minutes. The second-generation Smart battery S2.1 was launched at the Delhi Auto Expo [26] in January 2023. This new model of the battery offers a higher capacity compared to the earlier generation battery and comes with enhanced safety features.
The SwapX is a battery swapping station that was developed by SUN Mobility to improve the density of the battery swapping network. SwapX was launched in January 2023 at the Delhi Auto Expo. [27] It comes with 3 docks and can be installed within an area of 4.5 to 6 sq. feet, and requires a 15A power supply to operate.
SUN Mobility has partnered with fleet operators (such as Amazon, [28] Zomato, [29] Swiggy [30]), shared mobility service providers, and automotive OEMs(such as Omega Seiki Mobility, [31] Hero Electric, [32] Piaggio Vehicles Pvt. Ltd., [33] and a few others) across vehicle platforms including two-wheelers, three-wheelers, and four-wheelers to bring battery swapping to a wider user base across India.
In collaboration with prominent energy infrastructure players, electricity distribution companies, and city transport corporations such as Indian Oil Corporation, [34] Delhi Metro Rail Corporation, [35] Tata Power Delhi Distribution Limited, [36] etc., the company has been working on expanding their network across urban India.