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Honda Motor Co. Ltd.’s new subsidiary - Honda Power Pack Energy India Private Limited collaborates with Hindustan Petroleum Corporation Limited (HPCL) to establish battery swapping stations at retail outlets across India. Under this partnership, both companies aim to provide battery-sharing services in HPCL’s retail outlets in major cities across India. Furthermore, this will mark the global debut of Honda in the battery-sharing service segment.
Basically, Honda plans to start its Battery as a Service (BaaS) business on a commercial basis from Bengaluru city in the first half of 2022. Having said that, Honda will be setting up a strong network of battery swap stations at strategic locations like HPCL’s retail outlets. This service will first be launched in Bengaluru followed by other cities in a phased manner. The initial focus will be on the three-wheeler segment. It will further be expanded to the two-wheeler segment as well. Honda has been consistently working on developing its ties with multiple OEMs in various applications for the same.
“I am looking forward to a long-lasting partnership and friendship between Honda and HPCL to bring the reliable & customer-centric battery sharing service in India and to ensure a greener future. Referring to the association of Honda with HPCL, it was a case of meeting the right partner at the right time,” as commented by Kiyoshi Ito, President & CMD, Honda Power Pack Energy India.