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› Forums › Startups › News (Startup) › Sun Mobility and Microsoft to co-develop smart energy network
Tagged: BizModel_G3, Cars_V9a, energy_O4, Transport_V9, UseCase_G14
Sun Mobility, which is looking to disrupt the electric mobility space with its energy solutions for electric vehicles, has today announced its partnership with technology giant Microsoft for building a smart network to effectively deploy its universal energy infrastructure.
SUN Mobility is an equal joint venture between Virya Mobility 5.0, an EV technology firm founded by Maini and his two brothers in February 2017, and SUN New Energy Systems, set up by investment banker Uday Khemka under his family’s private equity and venture capital firm SUN Group.
Through a network of swapping stations named Quick Interchange Stations (QIS), SUN Mobility aims to reduce the costs of owning an electric vehicle by adopting a IoT enabled battery-swapping model, where users pay only for the energy stored in the battery, not the battery itself which accounts for almost a fourth of the cost of an EV.
According to the partners Sun Mobility’s Smart Network will use Microsoft’s technology to connect the Sun Mobility Smart Battery and Sun Mobility QIS with end users through a mobile application. The smart network will help users experience seamless service delivery of Sun Mobility’s energy infrastructure by tracking battery charge and identifying the nearest QIS.