January 9th, 2025
Urja Mobility, a leader in EV battery leasing, has joined hands with Sieger Technologies, an innovator in advanced battery technology, to drive electric mobility adoption in India. Backed by a ₹10 crore investment, this partnership will deploy 2,500 advanced batteries for electric two- and three-wheelers, removing upfront cost barriers and empowering businesses to transition seamlessly to EVs.
Transforming EV Accessibility with Battery Leasing
Urja Mobility’s battery leasing model addresses one of the biggest challenges to EV adoption—high upfront costs. By converting these into manageable monthly leases, the initiative enables businesses to scale their EV operations with ease.
- Targeted Vehicle Categories: Electric two-wheelers (L2) and three-wheelers (L3, L5) are the primary beneficiaries, ideal for businesses in delivery, logistics, and shared mobility.
- Economic Impact: The model encourages small and medium enterprises (SMEs) to adopt EVs without significant capital investment, democratizing access to clean transportation.
Cutting-Edge Battery Technology
The batteries deployed under this partnership incorporate Sieger Technologies’ advanced innovations:
- Smart Battery Management System (BMS): Features IoT integration for real-time monitoring of battery health, performance, and usage patterns.
- Thermal Management System: Enhances battery durability by ensuring optimal performance in varied environmental conditions.
- Fast Charging: The batteries charge fully in 2–4 hours, reducing downtime for fleet operators.
This combination of features guarantees reliable, high-performance batteries tailored to meet the demands of urban and commercial EV users.
A Sustainable Solution for India’s EV Growth
By addressing cost and performance barriers, the partnership aligns with India’s ambitious goals for EV adoption and carbon neutrality:
- Financial Accessibility: The leasing model makes electric mobility viable for a broader audience, accelerating the shift to clean transportation.
- Emission Reduction: Deployment of advanced EV batteries directly supports India’s efforts to curb carbon emissions in urban centers.
- Scalable Deployment: With plans to target diverse EV categories, the initiative promises widespread impact across last-mile delivery services, logistics, and shared mobility.
Leaders Speak on the Collaboration
Pankaj Chopra, Founder and CEO of Urja Mobility, emphasized the company’s focus on affordability and practicality:
“At Urja Mobility, we aim to make electric mobility practical and affordable. This partnership with Sieger Technologies empowers fleet operators with cutting-edge battery solutions, enhancing reliability and performance.”
Guru Prasanth, Founding Partner at Sieger Technologies, highlighted their shared vision for innovation:
“By combining our advanced battery technology with Urja’s innovative leasing model, we aim to redefine the EV experience for businesses and consumers alike.”
Potential of This Alliance
Scalability: The diverse application of these batteries—from delivery fleets to passenger vehicles—ensures far-reaching benefits for India’s EV ecosystem.
Cost Efficiency: Leasing transforms capital expenditure into manageable operational costs, making EV adoption viable for businesses of all sizes.
Technological Advancements: Enhanced battery durability, fast charging, and IoT-enabled monitoring build trust in EV solutions.
