1. Home
  2. Business & Finance
  3. Zingbus and Sheru form strategic partnership to boost intercity e-mobility – EQ Mag
Zingbus and Sheru form strategic partnership to boost intercity e-mobility – EQ Mag

Zingbus and Sheru form strategic partnership to boost intercity e-mobility – EQ Mag

0
0

Under this strategic partnership, zingbus plans to add 2200 electric buses and 4000 electric cars to its fleet over the next five years

GURUGRAM-HEADQUARTERED ZINGBUS, AN intercity bus service provider in India has partnered with Sheru, a battery management and energy storage solution.

Under this strategic partnership, zingbus plans to add 2200 electric buses and 4000 electric cars to its fleet over the next five years. It will utilise ScaleBat, Sheru’s battery management solution to ensure efficient battery management.

According to the company statement, ScaleBat offers advanced features for optimising battery performance, reducing operational costs, and extending battery life. It is expected to help the bus service provider to maximise the potential of their electric vehicles.

In addition to this, zingbus will leverage Sheru’s NetBat platform to monetise idle time by connecting electric vehicles to Sheru’s energy storage network. By utilising NetBat, the company aims to offer energy storage services during periods of low vehicle utilisation, unlocking new revenue streams and contributing to efficient management of energy infrastructure.

By scaling its electric fleet, the start-up aims to offset half a million tons of carbon emissions annually, which is equivalent to planting more than 22,000 trees.

“We are thrilled to partner with Sheru to accelerate our transition to sustainable intercity transportation,” said Prashant Kumar, co-founder & CEO of zingbus.

“With their expertise in battery management and energy storage solutions, we are confident that we can drive innovation together and create a greener future for the transportation industry,” he claimed.

“We are excited to collaborate with zingbus in their ambitious electrification journey,” said Nakul Mehan, CTO of Sheru.

“Highways form 60% of emissions from transportation in India. zingbus has immense potential to lead sustainability for highways, being the most trusted brand in intercity commuting,” he added.

Source: PTI
Anand Gupta Editor - EQ Int'l Media Network