The official handover ceremony on November 28, 2023, at the Center for Women’s Research (CENWOR) in Colombo was attended by Love Yadav, General Partner of Lion Ventures in Sri Lanka and Chris Powers, Director, Office of Economic Growth, USAID.
This groundbreaking project will establish an operational framework for an electric vehicle (EV) ecosystem, with an emphasis on utilizing solar power as a main energy source.
The pilot project introduces two solar-powered battery-swapping stations strategically located at CENWOR and Fusion Sarvodaya in Colombo.
The stations have the capacity to recharge and store batteries, ensuring a seamless and sustainable electric two-wheeler refueling model.
SLING Mobility's comprehensive approach covers all aspects of the EV ecosystem, from energy generation to consumption.
The company's business strategy, centered around providing cost-effective and efficient mobility solutions to the retail logistics sector through its smart electric vehicle ecosystem, has now become a tangible reality.
The model addresses the critical need for efficient battery swapping, minimizing downtime for riders, particularly in the context of collaborative efforts with Uber for food delivery services.
This not only results in cost and time savings but also facilitates a trial of the business model's effectiveness.
The initiative introduces a battery subscription, which significantly enhances affordability by eliminating the initial high-cost barrier for riders.
By focusing on the most substantial individual cost for e-bikes and batteries, the company aims to make electric vehicle adoption more accessible.
SLING Mobility and the USAID Sri Lanka Energy Program are committed to engaging with marginalized and economically disadvantaged populations, aiming to stimulate their interest in the retail logistics industry through the use of electric vehicles.
The project organized and executed four outreach initiatives, reaching over 100 participants from diverse backgrounds.
As a result, the team trained 16 drivers and supported 10 individuals to obtain licenses for the first time, showcasing the project's commitment to fostering inclusivity and economic empowerment.
SLING Mobility's collaboration with USAID marks a significant step towards a sustainable and green future for urban mobility in Sri Lanka.
The "360° Sustainable Mobility" battery swapping project is not just a technological innovation but a testament to the transformative power of partnerships driving positive change.
The USAID Sri Lanka Energy Program is one component of the United States’ long-standing partnership with the Sri Lankan people to promote a healthy, educated, and employed population.
The program supports transforming Sri Lanka’s power sector into a market-based, secure, reliable, and sustainable system by mobilizing investment to deploy advanced technologies, increase flexibility, and enhance competitiveness.
To find out more about USAID’s work, please see usaid.gov/sri-lanka and follow us on Twitter @USAIDSriLanka and Facebook @USAIDSriLankaMaldives.
Photo Captions:
1. (from right) CEO, Sling Mobility - Mr. Love Yadav presenting the Battery Swapping Station to Director of Office of Economic Growth Sri Lanka, USAID - Mr. Christopher Powers and Chief of Party, Sri Lanka Energy Program, USAID - Mr. Rick Whitaker
2. Rider from Sling Mobility swapping the battery