The ushering in of Electric Mobility in India has been a slow but steady process.
Studies conducted in the last year have suggested that India would only see 10-15% penetration of electric cars in the domestic market by 2030. Fortunately, since the pandemic, our country has geared up significantly for EV evolution. From 13+ states introducing new EV policies to all the production and demand-related incentives being provided, we have been making large strides in enabling electric mobility in the country.
This would be detrimental not only to our community but would also serve in mitigating our severe traffic problem and the alarming environmental crises happening all around us.
In pursuit of our goal of enabling a seamless, sustainable and shareable mode of transport, on 16th November, Yulu launched Max Network, a robust network of battery charging and swapping stations aimed at helping users swap their batteries with ease. With a goal of reaching over 500 Max Stations across Bengaluru, Mumbai and Delhi by the middle of 2022, it will be India’s largest AI-powered, vertically integrated battery infrastructure for electric 2-wheelers.
The interest for electric vehicles has been expanding each day with upwards of 236,802 electric vehicles and 25,735 electric bikes sold in FY21. The impetus to the shift towards an eco-friendly automobile ecosystem has been the FAME II strategy aimed toward advancing quicker reception and assembling of electric vehicles in the country. The point set out by this approach is to make the country the EV center of the world and a 100% electric vehicle country.
However, the nation is still wrestling with certain issues with this shift to electric vehicles, that is, range anxiety, time anxiety and charge anxiety. This is the worry about the distance an EV will run and how long the battery power will endure. Customers are also worried with regards to the extra time that the new mode will take to charge as compared to conventional fuel refills.
The main concern of range tension, however, is whether or not the EV will even find a reasonable charging station at the right time. Max stations will solve this prominent problem with electric 2-wheelers by having the battery swapping stations within 2 kilometers of a rider’s reach.By enabling zero downtime for EV battery swapping, and reducing the range anxiety of EV users, it promises to be a major development in furthering EV infrastructure in the country and making EV’s a convenient and practical mobility solution.
The charging infrastructure is the backbone of electric mobility but is also one of the keys perceived barriers to EV adoption in India given its limited availability and long charging times. Max Network will be scaled to more than 2000 Max stations by the end of 2022, eventually putting these max stations within 1 Km of a rider’s reach. The first batch of 10 Yulu Max stations was launched in Bengaluru, with the inauguration held on 16 November 2021, in Castle Street, Bengaluru Central Business District (CBD). The inauguration was attended by Shrimati. V Manjula, Commissioner, Directorate of Urban Land Transport, Dr. BR Ravikanthe Gowda, IPS, Joint Commissioner of Police (Traffic), Bengaluru City, and Shri M N Reddi, IPS, Former Commissioner of Police, Bengaluru City. Yulu Co-founders Mr. R K Mishra and Mr. Naveen Dachuri were present at the event.
Yulu has always been at the forefront of the electric mobility ecosystem in India. Now, our AI-based platform will increase the availability and predictability of EV batteries, and the tech-led process will help users swap their batteries swiftly, to be on their way instantly.