RACEnergy enters the 2-wheeler space with Hala Mobility
Phase I rollout to begin in the next three months.
RACEnergy, a Hyderabad-based battery swapping and tech start-up, and Hala Mobility, a multi-modal ride-sharing platform, have collaborated to deploy a fleet of 2000 electric two-wheelers, for delivery services across the country. RACE's dense battery swapping network established in the city and the lightweight interoperable battery packs that work across two-and-three wheelers will help Hala accelerate and expand its market and customer base.
Phase I of the rollout will begin by July this year.
Srikanth Reddy, Founder and CEO, Hala Mobility said that they can enable the cause of sustainable transportation by collaborating with RACEnergy, which deploys the latest battery-swapping technology with advanced cooling techniques and management systems. “These attributes make the battery packs well-suited for India's hot climate conditions and terrain. With RACE's impressive advancements, such as their lightning-fast 4-second swapping time and an extensive network of swap points, users are provided with a better vehicle range”, he added.
"We look forward to partnering with Hala Mobility as we strive to expand the reach of battery-swapping technology to more individuals across the country for all forms of transportation. We have already established a strong presence in Telangana's e-auto market. By joining forces with Hala, we are confident that we will penetrate the electric two-wheeler market and reach an even broader user base," said Arun Sreyas, Co-founder and CEO, RACEnergy.
Electric two-wheelers are the forerunners in the EV industry in India, with a massive 305 percent growth in sales recorded last year. Utilising this large market of vehicles, the partnership will propel the adoption of clean mobility in the country.
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