Malyaban Ghosh: Indian Oil Corporation Ltd – country’s leading oil marketing company – on Friday announced collaboration with Sun Mobilty, to install lithium-ion battery swapping stations for electric vehicles in fuel stations across the country. First such battery swapping station was installed at one of IOC’s fuel station in Chandigarh.
Lack of charging stations has been a major impediment for adoption of electric mobility in India. Battery swapping is considered a cost effective option for electric three- and two-wheelers since installing charging stations are expensive and requires approval from a host of authorities.
The Narendra Modi government has been pushing for electric mobility as it looks to transform India’s energy landscape to keep with its climate change commitments.
