Japanese auto major Honda on Thursday announced that it has established a new subsidiary for battery sharing service in India. It is named as Honda Power Pack Energy India Private Limited.
The company will offer battery sharing service for small mobility, which will accelerate the penetration of electric vehicles by solving three issues of these kinds of vehicles: limited range, long charging time, and high cost of batteries.
It is planned to start battery sharing service for electric auto-rickshaws from the first half of 2022 in Bengaluru, Karnataka and expand the operations in other Indian cities in a phased manner, the company said in a press release.
Honda’s battery sharing subscribers can avail the services from the nearest battery-swapping station located in the city to exchange batteries with fully charged ones.
With this convenient service, drivers need not wait for charging and get back on the road in marginal time.
In addition to offering battery sharing service, the new company will closely work with multiple vehicle OEMs who wish to integrate Honda’s battery into their vehicles by providing necessary technical information for an interface.
By expanding vehicle OEMs, applications, and service areas, it aims to onboard more drivers, further enhancing service convenience. Honda’s battery “Mobile Power Pack e:” will be made in India, the company added.