Battery Smart Achieves Milestone with 1000th EV Battery Swap Station
Battery Smart achieves milestone of one million paid battery swaps
Battery Smart, a swapping network for electric two and three wheelers, recently declared that it had completed a milestone of one million paid battery swaps. While the first million took around two years, the company expects to make another million faster.
India has witnessed growth in electric vehicle (EV) sales over the last year as the adoption of EVs spreads to the incentives offered by state governments. To promote more usage of EVs, battery swapping technology can play an important role. Co-founders of Battery Smart, Khurana and Siddharth Sikka, told the media that the ..EV industry to get big push from battery swapping policy
The electric vehicle (EV) industry will get a boost, certainly in public transport due to the formulation of a Battery Swapping Policy announced by Finance Minister Nirmala Sitharaman in the budget speech. It presents an affordable option to the big issue of range anxiety.
The battery swapping enables consumers with a replacement for depleted batteries with fully-charged batteries at specific stations. This leads to a reduction in the charging time for EVs to only a few minutes, which makes it comparable to conventional vehicles. The provision for interoperability standards i..PNB Official Accused of Embezzling Rs 5 Crore from Bhopal Firm
The Central Bureau of Investigation (CBI) has charged a Punjab National Bank (PNB) official with embezzling approximately Rs 4.98 crore from a Bhopal-based infrastructure construction company. The head cashier, Mukul Singh, allegedly conspired with a private individual, Vinod Kumar Singh, to commit the fraud.
The incident occurred at PNB?s Delhi Road Branch in Hapur, Uttar Pradesh. According to CBI officials, Mukul Singh, without proper authorization, merged the account of Dilip Buildcon Ltd with that of Vinod Kumar Singh?s company, Star Raze. Subsequently, funds amounting to Rs 4.98 cr..