Battery swapping platform for two- and three-wheeler electric vehicles (EVs), Emuron Technologies, is being strategically acquired by Livguard, a major operator in energy storage and solutions.
Emuron Technologies offers an exclusive range of innovative IoT and battery-switching solutions for two- and three-wheel electric vehicles.
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Mr. Rakesh Malhotra, Founder of Livguard, said, “We firmly believe that Battery Swapping will play a pivotal role in accelerating the adoption of 2 and 3-Wheeler EVs in India. Acquiring Emuron Technologies will help us in leveraging their battery swapping technology alongside our battery expertise. Our comprehensive solutions, combined with our EV subsystems portfolio, position us as a one-stop shop for all 2 and 3-Wheeler EV OEMs.”
With this acquisition, Livguard—a popular name in the inverter, automotive battery, solar solutions, and lithium battery markets—will be even more strengthened in its energy shift to the two- and three-wheeler EV industry, as reported by adgully.
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Gurpreet Bhatia, Chief Executive Officer of Livguard, stated, “We look forward to this long-term strategic partnership between Livguard and Emuron. This partnership will help co-create a unique energy services eco-system for the 2 and 3-wheeler EV industry. This would enable the realization of our shared vision towards Net-Zero Mobility.”
Emuron Technologies is a provider of Internet of Things (IoT) solutions for electric mobility, offering both products and services. Their deep knowledge of both hardware and software technologies puts us in a position to provide their clients specialised, homegrown solutions that will aid in their transition to a more rapidly evolving technological environment.
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Mr. Kunal Garg, Co-Founder and CEO of Emuron Technologies, shared, “We are delighted to strategically partner with Livguard. This collaboration allows us to rapidly deploy battery swapping stations, leveraging Livguard’s pan-India distribution and service network. We aim to manufacture cost-competitive solutions through Livguard’s well-established supply chain ecosystem.”
About Livguard
Livguard, with its innovative approach and steadfast dedication to sustainability, is constantly revolutionising the field of energy storage solutions. With a wide range of high-quality products, such as inverters, car batteries, and home solar solutions, they power residences and companies while assisting the global transition to a greener future.
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