RACE Energy provides 50% battery swapping solutions in the Hyderabad market
RACE Energy, a company that specializes in electric vehicle (EV) infrastructure for battery swapping, now serves half of Hyderabad. They do over 30,000 battery swaps each month in the city, helping to achieve 10,000 kilometres of eco-friendly travel daily.
The company has quickly become important in the EV field. They make sure drivers are always within 3km of a battery swap station in the areas they cover. RACE Energy also expanded its operations with a new 10,000-square-foot facility in Hyderabad, which opened last June, which has allowed them to double their battery production and distribution.
“Our goal has always been to make sustainable EV solutions accessible to everyone, and we are thrilled to have reached this milestone in Hyderabad’s EV landscape. Within a 10-minute ride, EV drivers can access our swapping stations. Our goal is to increase penetration within existing markets to ensure that we have a station every 1km. We are also increasing our presence across the Eastern parts of the city and want to achieve the same density. This is to ensure convenient battery swapping access for all Hyderabad EV users.”
Arun Sreyas, Co-Founder of RACE Energy, says.
“RACE’s swapping network utilises cloud-controlled, data-driven charging algorithms to ensure very high efficiency of charging batteries that cater to the demand. With RACE’s deep tech exemplified by the AIS-156 Phase-2 certifications and high energy density batteries, we have increased trust among drivers to accelerate EV adoption. These technological strides, coupled with operational efficiency and robust customer support, enable us to effectively serve larger markets.”
Gautham Maheswaran, Co-Founder of RACE Energy, emphasises.
As Hyderabad rapidly moves towards a greener future, RACE Energy is determined to continue its expansion and innovation in the EV industry. Currently, RACE Energy operates 30 battery-swapping stations and has integrated 2-wheelers into its network – enhancing accessibility and further reducing the environmental impact of urban mobility.
Content Credit: Autoguide