January 16th, 2025
In a groundbreaking initiative to accelerate India’s electric vehicle (EV) adoption, Kinetic Green Energy & Power Solutions Ltd. has partnered with Yuma Energy, a leader in battery-as-a-service (BaaS) technology. This collaboration aims to deploy 100,000 electric two- and three-wheelers (E2Ws and E3Ws) equipped with battery-swapping technology by 2029, starting with an initial rollout in Pune in February 2025.
Key Highlights
Initial Rollout in Pune
- The project will begin with the deployment of 1,000 E-Luna EVs in Pune, primarily targeting fleet operators.
- The vehicles are designed for seamless integration with Yuma Energy’s advanced battery-swapping network.
Nationwide Expansion Plan
- The partnership plans to scale operations across India, reaching a target of 100,000 EVs by 2029.
Integration with Battery-Swapping Network
- Kinetic Green’s swap-ready EVs will leverage Yuma Energy’s growing network of 200+ battery-swapping stations, ensuring minimal downtime for operators.
Focus Sectors
The vehicles will cater to high-demand sectors such as:
- Last-mile delivery for food and groceries.
- E-commerce logistics.
- Quick commerce services requiring rapid and efficient mobility solutions.
Innovative Battery-Swapping Technology
Battery-swapping solutions form the backbone of this partnership, offering significant advantages over traditional charging systems:
- Enhanced Efficiency: Fleet operators can swap batteries within minutes, avoiding long charging times and keeping vehicles in operation continuously.
- Cost-Effectiveness: Reduced operational costs lead to higher profitability for riders and fleet owners.
- Scalability: This model supports multi-shift operations, making it ideal for high-demand logistics sectors.
CEO Insights
Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, emphasized the importance of this collaboration:
“This partnership reinforces our commitment to making EVs more affordable, accessible, and reliable. Together with Yuma Energy, we aim to transform last-mile delivery and contribute to India’s clean mobility goals.”
A spokesperson from Yuma Energy added:
“Expanding our battery-swapping network will enhance convenience for EV operators, enabling seamless adoption of sustainable technologies across India.”
Impact on India’s EV Ecosystem
Boosting EV Adoption
This partnership addresses critical barriers to EV adoption, including high upfront costs and long charging times, by providing an efficient, affordable alternative.
Promoting Sustainability
The deployment of 100,000 EVs is expected to significantly reduce carbon emissions in last-mile logistics, contributing to India’s climate goals.
Strengthening Market Leadership
By combining Kinetic Green’s EV manufacturing expertise with Yuma Energy’s innovative BaaS technology, both companies reinforce their positions as leaders in India’s transition to clean mobility.
Significance
The collaboration between Kinetic Green and Yuma Energy marks a turning point for India’s EV industry. By integrating advanced battery-swapping technology with purpose-built EVs, the partnership sets a new benchmark for sustainable, efficient, and scalable mobility solutions.
As this initiative expands nationwide, it will not only revolutionize last-mile delivery but also play a pivotal role in advancing India’s clean energy transition.
