Fortum collaborates with Clean Motion to accelerate electrification of three-wheelers in India

FORTUM CORPORATION ONLINE NEWS 30 May 2018
 

Fortum has signed an agreement with Swedish light electric vehicles manufacturer Clean Motion to jointly develop a battery swap system tailored specially for light electric vehicles. The primary target market for the initiative are the major taxi companies in India and other organizations with large fleets of vehicles that are in need of high uptime in their operations.

"We believe that utilizing a battery swap system will further increase the market share for electric vehicles in India. We see India as an important market. The Indian Government's vision to achieve full electric mobility by 2030 is well aligned with Fortum's vision", says Heli Antila, Fortum's CTO.

Leveraging its expertise in e-mobility solutions Fortum plans to transform the mobility scenario in India. In 2017 we agreed with NBCC on developing electric vehicle charging infrastructure across India. Being a pioneer in providing charging solutions for electric vehicles in the Nordics, Fortum plans to extend their service and be a prominent enabler towards the achievement of this vision in India as well.

 

Fortum Corporation
Group Communications

Further information:
Erik Tutzauer, Project Manager, Fortum Innovation Accelerator, +46 70-380 54 79

About Us

Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 9,000 professionals in the Nordic and Baltic countries, Russia, Poland and India. In 2017, our sales were EUR 4.5 billion. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com

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