BatteryPool: A Smart Solution for EV Fleet Management

BatteryPool: A Smart Solution for EV Fleet Management – Electric vehicles (EVs) are gaining popularity across the world as a sustainable and cost-effective alternative to conventional vehicles. However, one of the major challenges faced by EV owners and operators is the lack of adequate charging infrastructure and the long charging time required for EV batteries. This can limit the range and availability of EVs, especially for fleet operators who need to run their vehicles for long hours and distances.

BatteryPool

Details of the startup:

  • CITY: Pune
  • STATE: Maharashtra
  • STARTED IN: 2018
  • FOUNDERS: Ashwin Shankar and Neil Nevgi.
  • NUMBER OF INVESTORS : 10
  • LATEST ROUND INVESTMENT : ₹20.00M
  • TOTAL INVESTMENT : ₹29.04M
  • EQUITY VALUATION : ₹100.00M
  • TOTAL SECURED LOANS AVAILED :Nil

You can find their website here.

BatteryPool, a Pune-based EV startup founded by Stanford graduate Ashwin Shankar, provides a novel solution for this problem. BatteryPool offers IoT-enabled smart swapping stations that swap batteries in just two minutes. This allows EV fleet operators to minimize charging downtime, extend vehicle range, and monitor the state of charge of batteries remotely.

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How BatteryPool Works

BatteryPool sets up battery swapping stations in desirable locations for EV fleet operators, such as delivery hubs, taxi stands, or parking lots. The stations are battery agnostic and customizable, meaning they can accommodate different types and sizes of batteries as per the customer’s specifications. The stations are also fully automatic and self-serve, enabling the drivers to get a fully charged battery in under two minutes by scanning a QR code on their app. The app also provides real-time data on the availability and location of swapping stations, the state of charge of batteries, and the payment details.

BatteryPool also offers a software solution called Swapping OS, which integrates with the existing software modules of the fleet operators. Swapping OS allows the fleet operators to manage their batteries, vehicles, and drivers efficiently. It provides features such as battery health monitoring, vehicle routing optimization, driver performance analysis, and fleet analytics. Swapping OS also enables the fleet operators to access the data from the swapping stations through an API.

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Benefits of BatteryPool

BatteryPool aims to make EV fleet management easier, faster, and cheaper for its customers. Some of the benefits of using BatteryPool are:

  • Reduced operational costs: By swapping batteries instead of charging them, the fleet operators can save on electricity bills, maintenance costs, and battery depreciation. BatteryPool also offers a pay-per-swap model, where the customers only pay for the energy they use, rather than owning or leasing the batteries.
  • Increased vehicle utilization: By minimizing the charging downtime, the fleet operators can increase the availability and productivity of their vehicles. They can also extend the range of their vehicles by swapping batteries at convenient locations along their routes.
  • Improved environmental impact: By promoting the adoption of EVs, BatteryPool contributes to reducing the carbon footprint and air pollution caused by conventional vehicles. BatteryPool also ensures the proper recycling and disposal of the batteries at the end of their life cycle.
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BatteryPool is a company that builds an operating system for managing electric vehicles in fleets. It sets up the battery swapping stations in desirable locations for the customer, which helps to extend vehicle range, minimize charging downtime, and keep EV fleet charged. BatteryPool also provides a software solution that allows the fleet operators to monitor and optimize their fleet performance. BatteryPool is a smart solution for EV fleet management that offers convenience, cost-effectiveness, and sustainability.

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