Both will set up battery-swapping stations at select fuel stations in identified cities.

SUN Mobility announces to set up battery-swapping stations at select fuel stations in identified cities.

Speaking on the occasion,  Dharmendra Pradhan commended the efforts of IndianOil and SUN Mobility in pursuing the innovative, clean energy solution, thereby contributing to the Govt. of India objective of reducing vehicular emissions. He hoped that the tie-up would energise the EV markets in India. The EV opportunity is so big that every player in the eco-system will benefit from it, he said.

In line with Hon'ble Prime Minister's vision, which focuses on reducing carbon footprint, electric mobility can help India meet its Paris Agreement commitment of reducing carbon emission intensity (emission per unit of GDP) by 33 to 35 percent of 2005 level over 15 years, Shri Pradhan said. Thus the country can save 64% of the anticipated passenger road-based mobility-related energy demand and 37% of carbon emissions in 2030 by pursuing a shared, electric and connected mobility future.

Pradhan said that while the oil marketing companies had worked together to usher in BS-VI fuels across the nation, the time has come to go beyond this and introduce more path-breaking technologies in the business.  It will need the collective efforts of many agencies to make India's commitment towards cleaner mobility possible, he added.

Sanjiv Singh, Chairman, IndianOil, who also spoke on the occasion, elaborated on the various initiatives taken by the Corporation in preparation for the energy transition of the future. These include Hydrogen, H-CNG and fuel cells to run vehicles, setting up of a JV for manufacture of Aluminium-Air based batteries for electric mobility, other energy storage applications, and incorporating EV-charging facilities at IndianOil's fuel stations network.  IndianOil would consider various aspects of the battery-swapping technology for scaling up its presence in the EV infrastructure business, he added.

Chetan Maini, Co-Founder & Vice Chairman, SUN Mobility said, “As India emerges from the lock-down, the focus should be on creating a conducive, collaborative EV ecosystem to make e-mobility take off in the country. IOCL’s extensive footprint - as the largest oil & gas corporation - will ensure that battery swapping infrastructure is accessible to customers at the same scale and ease as conventional vehicles. We are fortunate to have the support of such a visionary partner, willing to lead this march towards a clean, pollution-free future.”