ChargeZone launched Battery Passport System that tracks an EV battery’s entire life cycle, from manufacturing to disposal, increasing transparency and sustainability.
ChargeZone, an EV charging network, has introduced the Battery Passport System, a digital record that follows a battery’s life cycle from manufacture to end-of-life. This technology intends to increase the transparency and efficiency of interactions among players in the EV battery ecosystem.
Battery Passport System
The Battery Passport System promotes circular economies by levelling the playing field for all stakeholders in the EV battery ecosystem. It will also increase battery value for all stakeholders, including EV buyers, manufacturers, economic operators, and recyclers.
Battery-as-a-Service (BaaS) Model
ChargeZone will also provide Battery-as-a-Service (BaaS) assistance for the deployment of big commercial EVs such as buses and trucks, as a vital component of the system. Under this concept, the ChargeZone will pay for the battery in advance, give pricing based on predetermined distance, and provide trustworthy performance indicators. Furthermore, the technology will allow for battery reuse and recycling while monitoring crucial battery properties in real time.
Know What the leader has to say?
We are pleased to have a Battery Passport System to define the future of EVs in India, stated Kartikey Hariyani, Founder and CEO of ChargeZone. Creating such a user-friendly system not only incorporates the financial engineering component of separating EV and battery costs but also makes the system financially viable for users, he explained. Initial target applications include electric buses with a battery capacity of 200KWh, with long-term contracting expected to provide Charging as a Service (CaaS) and Energy as a Service (EaaS) in the fast-increasing electric bus sector.
Ravindra Mohan, Group Director at ChargeZone, stated that they are spreading the word about a fully comprehensive system, industrial IoT 5.0 platform built on accuracy, security, and ease of access to battery data. The Battery Passport System manages everything from data verification to legal compliance during EV disassembly.
Growing Battery Demand
With India’s EV sector rapidly expanding, demand for battery storage is set to skyrocket. According to predictions, the country’s overall battery storage capacity might reach 600 GWh by 2030, driven by a government push to add around 500 GW of renewable energy capacity. This highlights the crucial need for novel energy storage technologies to help with the transition to electric mobility and sustainability.
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