On the streets of Kolkata and surrounding areas, e-rickshaws, popularly known as ‘toto’, are set to be powered by lithium-ion batteries with the rolling out of a battery leasing model, officials said on Sunday.
Neuron Energy, a lithium-ion battery maker, has joined hands with Urja Mobility to spearhead the leasing model which has so far been heard only in the business-to-business EV sector, they said.
“We’re kick-starting this journey from Bengal, offering lithium-ion batteries for e-rickshaws on a lease model with our financing partner, Urja Mobility. Our sights are set on expanding to other markets soon,” said Pratik Kamdar, CEO & Co-Founder of Neuron Energy.