Hinduja Group-owned Switch Mobility Automotive Limited has partnered with Siemens to address India’s e-mobility market potential. This association with help the two partners establish a technological partnership in the electric commercial mobility segment and execute mobility projects in India.
The partnership aims to deliver efficient, cost-effective and sustainable E-Mobility solutions to various commercial vehicle customers in India. Switch Mobility will bring its strong electric commercial vehicle industry experience to achieve this objective, while Siemens’ charging infrastructure management software solution would enhance the chargers’ energy-efficient operations.
Dheeraj Hinduja, Chairman, Switch Mobility Ltd., said, “Switch Mobility has a strong pedigree in the commercial vehicle market in India and is ideally placed to promote our aspiration of zero carbon emission transportation. With our experience of over 230 Electric vehicles already in operation successfully in India and the UK, we see immense growth opportunities for Switch’s expansion in India, Europe and many Global markets.”
The company aims to make electric products more affordable through this offering, and the collaborative approach will accelerate the process.
Nitin Seth, Director, Switch Mobility, said, “Our collaboration with Siemens will focus on key identified areas, which will be critical to propel ourselves as an industry, towards clean and sustainable mobility solutions. Our overarching objective is to achieve the lowest Total Cost of Ownership (TCO), and our endeavour with Siemens will focus on it to make eMobility a compelling solution for businesses and the environment in India”
As part of the MOU, Siemens Financial Services (SFS), the financing arm of Siemens AG, will consider a minority investment in OHM Global Mobility Private Ltd., the eMaas platform company to be formed as a subsidiary of Switch Mobility Automotive Limited.
Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “Siemens is a global leader in E-Mobility solutions for commercial vehicles. We have been implementing projects for electric commercial vehicles across the globe. Together with Switch Mobility, we intend to implement high-quality techno-commercial solutions to address the needs of the growing E-mobility market in India.”