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Battery Investment Partnership

Urja Mobility Partners with Sieger Technologies to Revolutionize EV Battery Leasing with $1 Million Investment

Urja Mobility, a leading startup in EV battery leasing solutions, has announced a strategic partnership with Sieger Technologies, a pioneer in innovative battery systems. This landmark collaboration includes a $1 million investment by Urja Mobility to deploy 2,500 state-of-the-art batteries, marking a significant leap toward sustainable electric transportation in India.

The partnership aims to make electric mobility more accessible by addressing the high upfront costs of batteries, a major barrier for commercial EV operators. Urja Mobility’s flexible leasing model will allow businesses to lease high-performance Lithium-Ion batteries, converting hefty purchase prices into manageable monthly payments.

“At Urja Mobility, we aim to make electric mobility a practical, affordable choice for businesses,” said Pankaj Chopra, Founder and CEO of Urja Mobility. “Our partnership with Sieger Technologies reflects our dedication to innovation and sustainability. With this $1 million investment, we are empowering fleet operators with cutting-edge battery solutions that offer reliability and enhanced performance.”

The advanced batteries from Sieger Technologies will power electric two-wheelers (L2) and three-wheelers (L3, L5), incorporating smart BMS (Battery Management System) with IoT solutions, thermal management, and advanced chemistry cells. Designed for peak energy efficiency and durability, these batteries promise to enhance vehicle performance and longevity.

Expressing his enthusiasm, Guru Prasanth, Founding Partner of Sieger Technologies, said, “We are excited to partner with Urja Mobility, whose innovative approach to EV battery leasing aligns perfectly with our mission of delivering future-ready energy solutions. By combining our advanced battery technology with their leasing model, we aim to redefine the EV experience for businesses and consumers alike.”

Urja Mobility’s leasing program offers customizable solutions for various electric vehicle models, featuring fast-charging capabilities (2-4 hours) and varying capacities for two-wheelers (51.2V-20Ah to 40Ah) and three-wheelers (51.2V-100Ah, 200Ah). This initiative not only reduces the financial burden on businesses but also accelerates the adoption of eco-friendly vehicles by leveraging future earnings to fund operations.

This collaboration underscores Urja Mobility and Sieger Technologies’ shared commitment to sustainable innovation, paving the way for a cleaner and more cost-effective electric mobility ecosystem.