Lohia forays into battery-swapping business; Sets up three stations in Visakhapatnam, ET EnergyWorld


New Delhi: Electric Vehicle manufacturer Lohia today announced its entry into the battery-swapping station market with the unveiling of its first facility in Visakhapatnam.

“This strategic move marks a significant step towards revolutionizing electric vehicle (EV) adoption and promoting cleaner modes of transportation. Lohia’s pioneering battery-swapping stations offer a convenient and efficient solution for EV owners, eliminating the need for time-consuming recharging,” the company said in a statement.

It has introduced three swapping-cum-service stations at Shanti Ashram Marg, Town Kotha, and Mudasarlova in the city. It has 240 battery swapping slots available.

Lohia CEO Ayush Lohia said: “This initiative aligns with our vision of making electric vehicles more practical and reducing dependence on fossil fuels. By providing a reliable and efficient swapping solution, we aim to transform the perception of EVs and drive their widespread adoption.”

The battery-swapping stations offer reduced waiting times and uninterrupted journeys. The system also optimizes the operations of garbage vehicles, ensuring uninterrupted waste collection.

The company said it has ambitious plans to expand its network to other cities in the near future and the foray has been made possible through collaboration with the Greater Visakhapatnam Municipal Corporation (GVMC) and funding from the Asian Development Bank (ADB).

  • Published On Jun 15, 2023 at 08:01 PM IST

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