Battery Swapping Facility Quick Interchange Service (QIS) has been inaugurated at Chandigarh. A non-binding Strategic cooperation document has been signed between the Indian Oil and M/s Sun Mobility to explore the establishment of Energy infrastructure for Electric vehicle via Battery Swapping model across Indian Oil Retail outlets in select cities.
The Battery swapping technology provides the best alternative to slow charging. Hence, it helps the drivers to make optimum use of the operational hours. The newly launched model targets the commercial segment such as electric autos, rickshaws including the electric vehicle which is either factory fitted or retrofitted. The QIS is expected to play an instrumental role in providing an alternative energy solution to the 3-wheeler segment and enhancing India’s economic growth.
Important takeaways for all competitive exams:
- Chairman of Indian Oil: Sanjiv Singh.