Hala Mobility, an E-Mobility-as-a-Service (E-MaaS) Multi-Modal EV Fleet platform, has entered into a strategic partnership with Sieger Technologies, a leader in lithium-ion battery manufacturing. The collaboration aims to expedite the deployment of EV fast charging infrastructure in Hyderabad. The multi-year agreement eyes the introduction of EV fast charge/battery swap chargers, starting with 2000 fleets in 2024 and scaling up to 18,000 fleets by 2026.
Sieger Technologies' Gen 2.0 Rapid Charge Batteries, known for their sustainability and cost-effectiveness, represent a significant advancement in the industry. With exceptional efficiency, power density, and deployment ease, this cutting-edge technology sets a new standard for performance and ensures the best overall total cost of ownership.
This transformative partnership adopts a holistic approach to sustainable EV charging. By integrating Sieger's advanced battery technology, Hala Mobility ensures its fleet deployments benefit from battery swap capabilities, fast charge/discharge, and extended cycle life.
Srikanth Reddy, Founder and CEO of Hala Mobility, highlighted the significance of the partnership, stating, "At Hala, we continually explore cutting-edge solutions infused with technology to enhance the Electric Vehicle (EV) experience, prioritising convenience, comfort, and cost-effectiveness for our users. Recognising the need for advancements in the current charging infrastructure to facilitate a seamless transition to EVs, our partnership with Sieger aligns perfectly with this vision."
The innovative battery technology from Sieger empowers riders to charge their vehicles up to 80% in just 40 minutes, effectively addressing range anxiety and providing an efficient 2W solution with extended battery life for improved mileage and range.
Guru Prashanth Madem, MD, Sieger Tech, commented, "We chose to partner with Hala Mobility due to their commitment to reliability, affordability, and ease of access in the electric mobility sector. This partnership allows us to deploy our Efficient Gen 2.0 Rapid Charge lithium-ion batteries at scale, providing minimal downtime to end-users by enabling a 20% - 80% charge under 40 minutes and thereby contributing to the widespread adoption of fast charging solutions. We are confident that together, we can make a significant impact on the future of electric transportation in India."