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Joseph January 8, 2025

Urja Mobility, a trailblazer in EV battery leasing solutions, has announced an exciting partnership with Sieger Technologies, a leader in innovative battery solutions. This collaboration marks a significant milestone in the electric mobility sector, with Urja Mobility investing $1 million in Sieger Technologies’ advanced battery systems. The partnership includes a commitment to lease and deploy 2,500 state-of-the-art batteries for electric vehicles.

Revolutionizing Electric Mobility with Battery Leasing

The partnership aims to accelerate the adoption of clean, sustainable transportation by introducing a flexible and cost-effective battery leasing model. By addressing the high upfront costs of EV batteries, this initiative will make commercial electric vehicles more accessible, reducing a key financial barrier for businesses.

Mr. Pankaj Chopra, Founder and CEO of Urja Mobility, expressed his vision for this transformative collaboration: “At Urja Mobility, we aim to make electric mobility a practical, affordable choice for businesses. 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.”

Cutting-Edge Battery Technology for EVs

The 2,500 batteries developed by Sieger Technologies will support a wide range of electric two-wheelers (L2) and three-wheelers (L3, L5). These advanced batteries are equipped with features like a smart Battery Management System (BMS) integrated with IoT solutions, thermal management systems, and advanced chemistry cells. These enhancements ensure optimal performance, longevity, and energy efficiency for electric vehicles.

Mr. Guru Prasanth, Founding Partner at Sieger Technologies, shared his enthusiasm: “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.”

Flexible Leasing Options for Businesses

Urja Mobility’s leasing model offers high-performance Lithium-Ion batteries for electric three-wheelers (51.2V-100Ah, 200Ah) and two-wheelers (51.2V-20Ah to 40Ah). These batteries feature fast-charging capabilities, requiring only 2-4 hours to recharge. The leasing model converts the upfront cost of battery ownership into a manageable monthly lease value (MLV), reducing the financial burden on businesses. This innovative approach empowers operators to fund their EV operations through future earnings.

This groundbreaking collaboration between Urja Mobility and Sieger Technologies promises to transform the electric mobility landscape, providing businesses with affordable, reliable, and high-performance battery solutions. By focusing on innovation and sustainability, the partnership is set to redefine the EV experience and accelerate the transition toward a cleaner, greener future.

 

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