Ravindra Energy’s Energy in Motion Partners HPCL for EV Charging & Battery Swapping Network

Energy in Motion (EIM), an associate of $RELTD , has partnered with Hindustan Petroleum Corporation Ltd (HPCL) to set up charging and battery swapping infrastructure at HPCL’s retail outlets across India. The collaboration aims to support the deployment of electric heavy commercial vehicles. EIM will own and operate the network, starting with key freight corridors such as Mumbai-Pune, Delhi-Jaipur and Chennai-Bengaluru. Battery swaps are expected to take around 7 minutes, reducing downtime. The company targets 40 heavy commercial vehicle swap-cum-charging stations by March 2027. *Top stocks in the EV charging & infrastructure industry:* Tata Power, Exicom Tele-Systems, and Servotech Renewable Power System.