Honda’s New Indian Subsidiary to Offer Battery Sharing Service By Saur News Bureau/ Updated On Fri, Dec 3rd, 2021 Highlights : The newly launched company is known as Honda Power Pack Energy India Private Limited. The new firm will offer battery sharing service and aim to solve three issues of EVs: limited range, long charging time, and high cost of batteries. Japanese automaker Honda Motor Company Ltd. has established a new subsidiary for battery sharing service in India, the company announced in a recent statement. The newly launched company is known as Honda Power Pack Energy India Private Limited. The company will offer battery sharing service for small mobility, which is expected to accelerate the penetration of electric vehicles by solving three issues of electric vehicles: limited range, long charging time, and high cost of batteries. It is planned to start battery sharing service for electric auto rickshaws (e-auto) from the first half of 2022 in Bengaluru, Karnataka, and expand the operations in other Indian cities in a phased manner. Honda’s battery sharing service subscribers can avail the services from nearest battery swapping station located in the city to exchange battery “Honda Mobile Power Pack e:”, Honda’s all-new portable and swappable batteries, with fully charged ones. By this convenient service, drivers need not wait for charging and can get back on the road in marginal time, the company claimed in its statement. New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040 Also Read In addition to offering battery sharing service, Honda Power Pack Energy India Pvt Ltd will closely work with multiple vehicle OEMs who wish to integrate Honda’s battery into their vehicles, by providing necessary technical information for interface. By expanding vehicle original equipment manufacturers (OEMs), applications, and service areas, it aims to onboard more drivers which will further enhance service convenience. Honda’s battery “Mobile Power Pack e:” will be made in India. By utilizing batteries made in India and accelerating electrification of small mobility, Honda Power Pack Energy India seeks to encourage the use of renewable energy and contribute to the carbon neutrality in India. The new company, which was incorporated on November 29, 2021, has its registered office in Bengaluru, Karnataka. As per the official statement, Honda Power Pack Energy’s capital stands at Rs 135 crores. Yamaha, Honda, KTM, and Piaggio Team Up to Create Swappable Batteries Consortium Also Read Tags: “Honda Mobile Power Pack e:”, battery sharing, Honda Motor Company Ltd., Honda Power Pack Energy India Private Limited.