Zingbus has signed a strategic collaboration with Sheru to scale e-mobility for intercity commutes.
As per the understanding, Zingbus plans to add 2,200 electric buses and 4,000 electric cars to its fleet over the next 5 years.
It will utilize ScaleBat, Sheru’s battery management solution to ensure efficient battery management.
The solution is said to offer advanced features for optimizing battery performance, reducing operational costs, and extending battery life, thereby enabling Zingbus to maximize the potential of electric vehicles.
In addition, Zingbus will leverage Sheru’s NetBat platform to monetize idle time by connecting electric vehicles to Sheru’s energy storage network. The cumulative battery capacity of Zingbus’s electric fleet is estimated to be around 1 GWh.
By utilizing NetBat, Zingbus says it will offer energy storage services during periods of low vehicle utilization, unlocking new revenue streams and contributing to efficient management of energy infrastructure.
Prashant Kumar, Co-Founder & CEO, Zingbus said, “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.”
Nakul Mehan, CTO, Sheru said, “Highways form 60 percent of emissions from transportation in India. Zingbus has immense potential to lead sustainability for highways, being the most trusted brand in intercity commuting.”
By scaling its electric fleet, Zingbus aims to offset half a million tons of carbon emissions annually, which is equivalent to planting more than 22,000 trees.
Click Here to get the latest EV news and exclusive updates from EV Mechanica on WhatsApp!