Kinetic Green Energy & Power Solutions Ltd., a prominent electric vehicle (EV) manufacturer, has partnered with Yuma Energy, a leading Battery-as-a-Service (BaaS) provider, to drive the adoption of electric vehicles across India. The collaboration aims to deploy 100,000 electric two-wheelers (E2W) and three-wheelers (E3W) over the next four years, starting with the launch of 10,000 EVs in 2025.
The initiative will kick off in February 2025, with Pune being the first city to receive the initial batch of vehicles. The partnership is designed to tackle two major obstacles to EV adoption: high upfront costs and inadequate charging infrastructure. By focusing on last-mile transportation, the collaboration aims to replace fossil-fuel vehicles with cleaner, more sustainable alternatives.
Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, expressed optimism about the partnership. She highlighted how combining Kinetic Green’s advanced EVs with Yuma Energy’s battery-swapping technology will create a seamless and efficient experience for customers. This, she said, will not only reduce pollution but also help users maximize their earnings, further encouraging the shift to electric mobility.
Muthu Subramanian, Managing Director of Yuma Energy, echoed this sentiment, emphasizing the potential of the partnership to enhance the affordability, reliability, and sustainability of EVs. The collaboration will prioritize high-demand sectors such as shared passenger mobility and last-mile delivery, where operational efficiency and uptime are crucial.
The partnership will integrate Kinetic Green’s diverse range of EVs into Yuma Energy’s extensive network, offering flexibility to both fleet operators and individual riders. This integration ensures users have access to vehicles tailored to their needs, promoting wider adoption of sustainable transportation.
A standout feature of the collaboration is Yuma Energy’s battery-swapping infrastructure, which currently includes over 200 stations. These stations offer sub-minute battery swaps and a 99% uptime guarantee, ensuring minimal disruption for users. The company plans to significantly expand this network, making battery-swapping a convenient and reliable alternative to traditional charging.
The partnership also addresses financial barriers to EV ownership. By separating the cost of the battery from the vehicle, the battery-swapping model reduces upfront expenses and eliminates range anxiety. This innovative approach not only makes EVs more affordable but also accelerates the transition to cleaner transportation systems.
The rollout will begin with 1,000 E-Luna electric vehicles in Pune, specifically designed for last-mile delivery. By the end of 2025, Kinetic Green plans to deploy 10,000 EVs, with a broader national expansion to follow. This ambitious initiative marks a significant step toward a greener, more sustainable future for India’s transportation sector.