Honda sets up its battery sharing service subsidiary

Honda Power Pack Energy India Private Limited, Honda’s new subsidiary for battery sharing service, has been established in India.

It will offer battery sharing service for small mobility, which will accelerate the penetration of electric vehicles by solving three issues of electric vehicles: limited range, long charging time, and high cost of batteries.

The company plans to start battery sharing service for electric auto rickshaws (e-auto) from the first half of 2022 in Bengaluru and expand the operations to other cities in phased manner.

In addition to offering battery sharing service, the new company will closely work with multiple vehicle OEMs who wish to integrate Honda’s battery into their vehicles, by providing necessary technical information for interface.