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The pioneer of electric cars in India, Chetan Maini is back in business with a new venture which aims at providing critical universal energy infrastructure and services to accelerate mass electric vehicle usage.
Along with his brothers, Maini has floated a company called Virya Mobility 5.0, which has entered into a 50:50 joint venture with Sun New Energy Systems led by Uday Khemka, Vice-Chairman of the Sun Group.
Announcing the new venture Sun Mobility, Maini said the company plans to deploy an open-architecture ecosystem built around a network of quick interchange battery stations. These stations, predominantly powered by renewable energy, will refuel electric vehicles at cost lower than and speed faster than conventional petrol pumps.
Sun Mobility will partner with multiple OEMs to integrate its proprietary smart battery solution into a range of innovative electric vehicles – cars, buses, rickshaws, scooters etc. The smart batteries will be modular, easily swappable, IoT-enabled and can be easily refuelled on a pay-as-you go basis.
Virya Mobility 5.0 is a wholly owned entity by the Maini brothers, who are the key promoters of the Maini Group and founders of Reva Electric Car Company (now Mahindra Reva). Virya focuses on investing and developing electric vehicle technologies, charging infrastructure solutions and services ecosystem.
Virya’s founders pioneered the electric vehicle technologies in 1995.
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