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See also : India’s Rickshaw Revolution Leaves China in the Dust
#News(Startup) [ via IoTForIndiaGroup ]
Drive down costs by splitting the vehicle from its most expensive component, the battery. A not quite two-year-old joint venture between electric car maker Virya Mobility 5.0 and solar power company SUN New Energy Systems, SUN Mobility is working with EV makers, providing the batteries for those vehicles. The twist is that SUN retains ownership of the batteries. When they run low, the driver heads to a SUN station and exchanges them for fresh ones, paying only for the electricity he has consumed.SUN Mobility is starting off not with cars, but with autorickshaws and buses. It has an agreement to provide bus manufacturer Ashok Leyland with batteries and charging services for 18 buses. It will supply batteries for 500 three-wheelers to SmartE, a startup that runs electric autorickshaws from metro stations to neighborhoods within a few miles. (Both companies are also working with battery providers running on traditional plug-and-charge models.
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