Date: July 27, 2026
Partnership Announcement
Ravindra Energy Limited's associate company, Energy In Motion Limited (EIM), has executed an agreement with Hindustan Petroleum Corporation Limited (HPCL) to establish and operate fast charging cum battery swapping infrastructure for heavy commercial vehicles at select HPCL retail outlets across India.
Agreement Details
- HPCL operates a network of over 25,000 retail outlets nationwide, including on all major highways and expressways
- EIM will deploy charging and battery swapping infrastructure at HPCL retail outlets in a phased rollout
- Partnership structure: EIM owns and manages battery inventory and swap-and-charge hardware, while HPCL provides space, utilities and common amenities
- Targets swap-and-charge hubs on key freight corridors including Mumbai-Pune, Delhi-Jaipur and Chennai-Bangalore over next 18-24 months
Infrastructure Deployment
- Stations will serve electric commercial vehicles and be integrated with EIM's technology platform for real-time availability, digital payments and remote monitoring
- Battery swapping allows drivers to exchange depleted battery for charged one in 7 minutes
- EIM has already commissioned six heavy-duty swap stations in Delhi-NCR region and JNPA port area with daily capacity of 840 battery swaps
- Targeting 40 operational heavy commercial vehicle swap-cum-charging stations by end of March 2027
Strategic Rationale
- Partnership combines EIM's electric-vehicle fleet expertise and battery infrastructure with HPCL's established retail network
- Addresses constraints cited by electric vehicle operators: reliable availability and confidence on long-distance routes
- HPCL outlets provide prominent highway locations with existing power connectivity, forecourt space, safety systems and 24/7 staffing
Company Background
Energy In Motion Limited (EIM) is a provider of integrated electric mobility solutions for long-haul freight transportation
- Deploys advanced heavy-duty electric trucks supported by battery-swapping and charging infrastructure
- First electric heavy vehicle, Ashwa 55-ton e-tractor, launched on 1 August 2025
- EIM is an associate company of Ravindra Energy Limited