EKA signs MoU with Log9 to provide advanced fast-charging battery solutions
The partnership is mainly aimed to provide Log9 fast-charging advanced battery solution RapidX for EKA’s new energy vehicles, including their recently launched pure electric bus range.
Pune- Pinnacle Mobility Solutions Pvt. Ltd (Brand name: EKA) of Pune, a subsidiary of Pinnacle Industries and a manufacturer of electric vehicles and technologies, has entered into a long-term strategic collaboration, through a Memorandum of Understanding with Bengaluru-headquartered advanced battery technology start-up Log 9 Materials Scientific Private Limited1.
The partnership is mainly aimed to provide Log9 fast-charging advanced battery solution RapidX for EKA’s new energy vehicles, including their recently launched pure electric bus range, EKA E9 and soon to be launched range of Light Commercial Vehicles.
Notably, Log9’s RapidX batteries are the first of-its-kind batteries in India for electric buses and SCVs that come with 15-years warranty, long cycle life (of greater than 15,000 charge-discharge cycles), and are powered by InstaCharge battery technology which enables charging time of less than 30 minutes on both the LCV and e-Bus platforms of EKA. Further, both these LCVs and e-Buses powered by Log9's batteries shall be made available to the market at scale in the upcoming 3 to 6 months.
Following the launch of respective vehicle platforms, as a part of the collaboration EKA & Log9 will be targeting to deploy at least 10,000 InstaCharged LCVs and 200+ e-Buses within a year. The vehicles will be deployed initially in Mumbai and Pune Metropolitan regions, and later rolled out across other metros and geographies.
Dr. Sudhir Mehta, Chairman, EKA & Pinnacle Industries Limited, highlighted, “We are pleased to announce this new strategic alliance with Log9, a leading Indian battery technology company. At EKA, we are committed to providing a solid platform for sustainable, efficient, reliable public & commercial transport in cities, and our collaboration with Log9 is another step to strengthen our commitment. We look forward creating a new ecosystem in global CV electric mobility that is equipped with powerful technology for mass adaptation. I am confident that both EKA & Log9 will put India on the global road map for creating revolutionary new energy commercial vehicles & solutions equipped with best-in-class battery technology. EV adoption no more a choice but a necessity and with such collaborations, we will be able to transform the sector to greater heights.”
Dr. Akshay Singhal, Founder & CEO, Log9 Materials said, “We are happy and proud to partner with EKA by Pinnacle Mobility Solutions to integrate our RapidX batteries for the first time into EKA’s Electric Bus and LCV trucks that will be particularly useful for intercity logistics and movement purposes. Log9’s RapidX batteries will enable Insta Charging these vehicles in under 30 minutes, which in turn will lead to less waiting times or downtime and increased vehicle utilization on roads, while offering optimum Power, Performance and Peace of Mind for the end-users. We are confident that this long-term partnership between Log9 and EKA will go a long way to revolutionize EVs in India, while in parallel furthering our mission of Pioneering Responsible Energy and promoting zero-emission electric mobility.”
1Log9 Materials Scientific Private Limited is an Indian nanotechnology company, headquartered in Bangalore, operating in the areas of sustainable energy and filtration. With 16 patents around Graphene, Log9 Materials has developed aluminium fuel cells for both mobility and stationary energy applications. Log9 has leveraged its cell-to-pack competency to develop its Insta Charge batteries that provide 9x faster charging, 9x better performance, and 9x battery life. Log9’s Insta Charge technology brings down the total charging time which further optimizes the utilization of charging infrastructure and operational profitability for commercial vehicles
