Log 9 Materials partners with Fortum to deploy fast chargers for EVs in Hyderabad
Hyderabad: Advanced battery technology startup Log 9 Materials has partnered with EV charging infrastructure solutions provider Fortum Charge & Drive India to enable three-wheeler and two-wheeler owners/fleets to charge their vehicles within 15-30 minutes at DC fast charging stations in Hyderabad. Log 9 Materials has developed InstaCharge capabilities in their proprietary “RapidX” battery-packs for […]
Hyderabad: Advanced battery technology startup Log 9 Materials has partnered with EV charging infrastructure solutions provider Fortum Charge & Drive India to enable three-wheeler and two-wheeler owners/fleets to charge their vehicles within 15-30 minutes at DC fast charging stations in Hyderabad.
Log 9 Materials has developed InstaCharge capabilities in their proprietary “RapidX” battery-packs for electric two wheelers and three wheelers. With Log 9’s InstaCharging (15 minutes for 2-wheelers, 40 minutes for 3-wheeler) batteries, the number of electric vehicles that can be charged in a given duration is significantly higher.
The partnership, which is aimed at ensuring a smooth experience vis-à-vis providing accessible fast-charging stations to the Indian customers and/or end-users – will be for a duration of at least 24 months and can thereafter be mutually extended both in terms of period and scope.
As an outcome of this collaboration, consumers charging Log 9 powered vehicles at Fortum’s EV charging stations will be incentivised in terms of a preferential tariff. The tariff scheme is currently only applicable at charging stations located in Hyderabad and Vijayawada Highway; however, it will be expanded to other tier 1, tier 2 and metro cities in the near future.
Catering to a larger number of vehicles obviously allows higher per charger utilisation, access to a new customer base of commercial 2W/3W on public chargers, provides for interoperable charging infrastructure, which can now charge all types of electric vehicles, depending on their compatibility.
Dr Akshay Singhal, founder & CEO, Log 9 Materials said, “Availability of a widespread charging infrastructure is a key driver for EV adoption in India and forms a critical factor in terms of the customer experience too. On the other hand, to justify the charging infrastructure costs, a critical mass of EVs need to be functional on-road.”
He added, “Additionally, to minimise downtime and maintain operational efficiency of commercial vehicles, fast-charging is a must. Keeping these aspects in mind, our latest partnership with Fortum will attempt to make Log 9’s InstaCharging mainstream for India’s electric vehicles.”
“This association has come in at the right juncture in the electric mobility paradigm, wherein the largest mobility segment of customers with 2W & 3W were devoid of fast charging capabilities & relevant infrastructure access, thereby saving them precious time & quicker turnaround to cater to their respective customers,” Awadhesh Kumar Jha, ED, Fortum C&D India.
The wide-spread network would allow uninterrupted access to Log 9 InstaCharge battery enabled vehicles to not only intra-city transit in Hyderabad and would also allow them to deliver goods/services to Vijayawada, as of now.
Fortum C&D India also plans to replicate the association to other cities & highways of mutual interest, specifically Hyderabad-Bengaluru, Hyderabad-Vijayawada-Vizag, Delhi NCR, Pune-Mumbai-Ahmedabad etc. The startup plans to deploy its rapid charging battery packs in over 5,000 vehicles by the end of FY 2022.
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