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Honda Motor Co. forms battery sharing service subsidiary in India

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Japanese auto major Honda Motor Company has announced that it has set up a battery sharing service subsidiary in India with a capital of Rs 135 crore.

The new subsidiary, Honda Power Pack Energy India Pvt Ltd, will offer battery sharing service for small mobility, which will accelerate the penetration of electric vehicles (EV), and will also deliver technical support to vehicle OEMs, the company said in a declaration.

It will address EV-linked issues such as limited range, long charging time, and high cost of batteries, the company added.

"It is planned to start battery sharing service for electric auto-rickshaws (E-auto) from the first half of 2022 in Bengaluru, Karnataka and expand operations in other Indian cities in a phased manner," the declaration said.

In addition to the battery sharing service, the new company will closely work with multiple vehicle OEMs (Original Equipment Manufacturers), who wish to combine Honda's battery into their vehicles, by delivering necessary technical information for the interface, added.

"By expanding vehicle OEMs, applications, and service areas, it aims to onboard more drivers which will further enhance service convenience," it said.

The company's battery sharing service subscribers can avail services from the nearest battery-swapping station to exchange discharged batteries for the fully charged ones.

"By this convenient service, drivers need not wait for charging and can get back on the road in marginal time," Honda said.

The company said it's all-new portable battery 'Honda Mobile Power Pack e:' will be made in India and the new subsidiary will seek to promote the use of renewable energy and contribute to carbon neutrality in the country. 

Author : Debi Dash
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