India's largest branded intercity bus service provider, zingbus, and Sheru, a leading provider of innovative battery management and energy storage solutions, have joined forces in a ground-breaking partnership aimed at scaling e-mobility for intercity commutes.
%20and%20Prashant%20Kumar,%20CEO%20of%20Zingbus%20(R)%20at%20the%20signing%20of%20the%20MoU.jpg "Nakul Mehan, CTO of Sheru (L) and Prashant Kumar, CEO of Zingbus (R) at the signing of the MoU") |
| Nakul Mehan, CTO of Sheru (L) and Prashant Kumar, CEO of Zingbus (R) at the signing of the MoU |
Under this strategic partnership, zingbus plans to add 2200 electric buses and 4000 electric cars to its fleet over the next 5 years. zingbus will utilize ScaleBat, Sheru's cutting-edge battery management solution to ensure efficient battery management. ScaleBat offers advanced features for optimizing battery performance, reducing operational costs, and extending battery life, thereby enabling zingbus to maximize the potential of their 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 can offer energy storage services during periods of low vehicle utilization, unlocking new revenue streams and contributing to efficient management of energy infrastructure.
This partnership upholds zingbus' commitment to sustainability and reducing carbon emissions. 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.
"We are thrilled to partner with Sheru to accelerate our transition to sustainable intercity transportation," said Prashant Kumar, co-founder & CEO of zingbus. "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."
"We are excited to collaborate with zingbus in their ambitious electrification journey," said Nakul Mehan, CTO of Sheru. "Highways form 60% of emissions from transportation in India. zingbus has immense potential to lead sustainability for highways, being the most trusted brand in intercity commuting.”
About zingbus:
Founded in 2019, zingbus is the largest tech-based intercity bus service provider in India with an established network of 350+ buses catering to over 500 cities. Having served more than 3 Million customers, zingbus serves 18 states spread across Northern, Western & Southern regions of India. Garnering a strong foothold in the intercity travel domain, the company believes that the right to affordable & dignified travel is fundamental to human existence & development. zingbus is the future of Indian intercity travel dedicated to serving and ensuring a safe, reliable, affordable, and sustainable travel option for mankind.
About Sheru:
Sheru is a leading provider of innovative battery management and energy storage solutions. Their cutting-edge products and services cater to battery manufacturers, financiers, resellers, and distribution companies. Sheru's expertise in battery management, energy storage, and sustainable mobility is driving the transition towards a cleaner and more efficient future.
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 can offer energy storage services during periods of low vehicle utilization, unlocking new revenue streams and contributing to efficient management of energy infrastructure.
This partnership upholds zingbus' commitment to sustainability and reducing carbon emissions. 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.
"We are thrilled to partner with Sheru to accelerate our transition to sustainable intercity transportation," said Prashant Kumar, co-founder & CEO of zingbus. "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."
"We are excited to collaborate with zingbus in their ambitious electrification journey," said Nakul Mehan, CTO of Sheru. "Highways form 60% of emissions from transportation in India. zingbus has immense potential to lead sustainability for highways, being the most trusted brand in intercity commuting.”
About zingbus:
Founded in 2019, zingbus is the largest tech-based intercity bus service provider in India with an established network of 350+ buses catering to over 500 cities. Having served more than 3 Million customers, zingbus serves 18 states spread across Northern, Western & Southern regions of India. Garnering a strong foothold in the intercity travel domain, the company believes that the right to affordable & dignified travel is fundamental to human existence & development. zingbus is the future of Indian intercity travel dedicated to serving and ensuring a safe, reliable, affordable, and sustainable travel option for mankind.
About Sheru:
Sheru is a leading provider of innovative battery management and energy storage solutions. Their cutting-edge products and services cater to battery manufacturers, financiers, resellers, and distribution companies. Sheru's expertise in battery management, energy storage, and sustainable mobility is driving the transition towards a cleaner and more efficient future.
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