Rapido, RACEnergy Collab to Deploy Electric Autos in India

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  • Battery-swapping tech-enabled e-autos will be deployed in Hyderabad and will be subsequently scaled to other Indian cities
  • The partners termed it a revolutionary step in making last-mile mobility fully clean and electric

Leading Indian shared ride aggregator, Rapido and battery-swapping deep-tech player, RACEnergy recently announced their partnership to deploy electric autos (E-autos) across the country by the end of 2023. It is learnt that the partners will begin the deployment of e-autos in Hyderabad and will subsequently scale to other Indian cities. The official release noted that these vehicles will be integrated with RACE’s advanced swapping technology, giving them access to the network of swap points.

Terming the partnership as a great step towards a green sustainable transport solution, co-founder of Rapido, Aravind Sanka remarked: “There’s always a constant effort at Rapido to serve our customers with the best experience possible.” Sanka further said, “RACEnergy’s battery-swapping technology and energy-dense batteries will help us make electric transport available for the masses. We see this partnership benefitting both parties, this is a welcome addition to our fleet, with e-vehicles steadily making their grounds in the Indian market, we are always game to embrace the future.”

Notably, despite payment issues in Assam and the clash with regulators in Maharashtra, Rapido is making swift progress in the urban e-mobility market.

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RACEnergy’s co-founder & CEO, Arun Sreyas commented, “We join hands with Rapido in our collaborative mission to revolutionise last-mile transportation through our cutting-edge battery-swapping technology.” By partnering with Rapido, he said, “We aim to expand the reach of our solutions and provide more commuters with access to our technology. This will enable us to expand our network to multiple cities and onboard a greater number of e-Auto drivers. As a result, we anticipate higher battery utilisation and circulation.”

Certified by the Automotive Research Association of India (ARAI), RACEnergy identifies itself as one of the first companies in India to receive the AIS 156 safety certification for its swappable battery packs.

Swiggy-backed Rapido is a Bengaluru-based e-hailing auto and bike taxi aggregator that offers a sustainable alternative for commuting in over 97 cities in India.


 

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