Siemens Ltd has signed an MoU with Switch Mobility Automotive Ltd, to jointly address need of electric commercial vehicle customers and execute e-mobility projects in India.
The MOU is aimed at delivering efficient, cost-effective and sustainable e-mobility solutions to various commercial vehicle customers in India.
Switch Mobility, a subsidiary of commercial vehicle manufacturer Ashok Leyland Ltd, will bring its electric commercial vehicle industry experience while Siemens will provide the charging infrastructure technology and charging infrastructure management software solution to enhance the energy-efficient operations of the chargers. Siemens’ charging infrastructure management software solution would enhance the energy-efficient operations of chargers.
According to Sunil Mathur, Managing Director & CEO, Siemens Ltd, “We have been implementing projects for electric commercial vehicles across the globe. Together with Switch Mobility, we intend to implement high-quality techno-commercial solutions to address the needs of the growing e-mobility market in India.”
Also read: Siemens Introduces Fluorinated Gas-Free RMU For Up To 24kV
The two companies will collaborate on new business models such as eMobility-as-a-Service (eMaas), integrated depot energy management, Vehicle-to-Grid (V2G) as well as onsite/offsite renewable energy sources by leveraging batteries from commercial vehicles.
As part of the MOU, Siemens Financial Services (SFS), the financing arm of Siemens AG, will consider a minority investment in OHM Global Mobility Private Ltd., the eMaas platform company to be formed as a subsidiary of Switch Mobility Automotive Ltd.
(Featured photograph showing an EV charging solution by Siemens is for illustration only)
