The batteries are tailored for a diverse range of electric vehicles, including two-wheelers (51.2V-20Ah to 40Ah) and three-wheelers (51.2V-100Ah, 200Ah).Urja Mobility, an electric vehicle battery leasing startup, has joined forces with Sieger Technologies to bolster the EV ecosystem in India. The partnership includes an INR 10 crore investment by Urja Mobility to deploy 2,500 cutting-edge batteries for electric two- and three-wheelers. The collaboration aims to address critical barriers in EV adoption, like the high upfront battery costs, by introducing a flexible leasing model.
Addressing financial challenges in EV adoption
The high cost of EV batteries often discourages fleet owners from transitioning and taking advantage of electric mobility. Urja Mobility's leasing model gives a practical solution by converting upfront battery costs into monthly lease payments. By lessening the financial burden on businesses, this initiative aims to enable adoption of sustainable transportable solutions without heavy capital investment.
Pankaj Chopra, Founder and CEO of Urja Mobility, said, "Our partnership with Sieger Technologies reinforces our mission to make electric mobility accessible and cost-effective. By deploying advanced battery solutions, we aim to support fleet operators with reliable and affordable options."
Advanced battery technology for a robust EV ecosystem
The 2,500 batteries developed by Sieger Technologies incorporate features such as smart battery management systems (BMS) with IoT integration, advanced thermal management systems, and high-performance cell chemistries. These enhancements are designed to optimise energy efficiency, extend battery lifespan, and ensure consistent performance under varying operational conditions.
The batteries are tailored for a diverse range of electric vehicles, including two-wheelers (51.2V-20Ah to 40Ah) and three-wheelers (51.2V-100Ah, 200Ah). Guru Prasanth, Founding Partner of Sieger Technologies, emphasised the significance of the collaboration by saying, "Our advanced battery technology, combined with Urja Mobility's innovative leasing model, has the potential to redefine how businesses adopt electric vehicles. This partnership supports our shared goal of delivering next-generation energy solutions tailored for the future."
Supporting a sustainable future
As India transitions toward greener transportation solutions, partnerships like this play a pivotal role in accelerating EV adoption. By addressing key operational and financial challenges, the partnership seeks to transform how electric two- and three-wheelers operate in India, driving growth in the commercial EV sector and contributing to the country's sustainability goals.
