Indian Oil Launches Battery Swapping Facility For Electric Vehicles

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This is the first of 20 to 25 quick interchange stations (QIS) that will be installed in select cities across India.

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The charging station has 14 batteries, a card swiping facility and an electricity sub-meter

Highlights

  • The quick charging facility has been setup at an IOC outlet in Chandigarh
  • 20 to 25 quick interchange stations will be installed in select cities
  • Fossil fuel outlets will also act as electric charging stations

State run oil firm Indian Oil Corporation (IOC) has launched a battery swapping facility for quick charging of electric vehicles. The first such Quick Interchange Service (QIS) was inaugurated at an Indian Oil pump in Chandigarh. The company's battery swapping model is initially targeted at the commercial segment, i.e. electric autos, rickshaws and electric 2-wheelers where the electric vehicle is factory fitted or retrofitted. Up to 20 to 25 such quick interchange stations will be installed in select cities across India.

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Battery swapping model is initially targeted at the commercial segment 

Indian Oil has signed a non-binding strategic co-operation document with Sun Mobility to explore setting up of energy infrastructure for electric vehicles through battery swapping model across Indian Oil retail outlets in New Delhi, Gurugram, Bengaluru, Chandigarh and Amritsar. These stations will have 14 batteries, a touch screen for swapping preloaded cards and an electricity sub meter. Battery swapping technology offers the best alternative to slow charging and helps the drivers to make optimum use of the operational hours.

India's Petroleum Minister Dharmendra Pradhan said, "We must leverage modern technology to enable electric mobility to scale up in India and make it more affordable." He added that the Oil marketing companies, in future, will not confine themselves to selling conventional fossil fuels, but also retail CNG, LNG, PNG and also act as the electric charging stations. According to the Govt., it is also targeting 20 per cent ethanol blending, producing Biodiesel from used cooking oil and widespread use of solar energy for mobility purposes.

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