Worlds First Portable Battery Swapping Station for Electric Vehicles
Partnership May, 2024
SP-TBI support Mechlae under SISFS
CCD Investment.
At Mechlae Energy, we are redefining the way EV users access and utilize energy, making the process simpler, faster, and more efficient than ever before. Imagine a world where the constraints of traditional charging infrastructure are eliminated—no waiting in lines, no heavy equipment installations, just effortless battery swapping or charging wherever it suits you. For businesses, our battery-swapping technology ensures zero downtime, enabling operational hubs to perform quick swaps, keeping last-mile fleets running smoothly and efficiently. For personal EV users, our solution is equally transformative—charge your battery right where you park, whether at home, work, or on the go, with no need to carry heavy batteries or rely on complex infrastructure.
We are excited to announce a renewed collaboration under the Startup India Seed Fund Scheme (SISFS) funding initiatives. This partnership represents a pivotal step in our journey, as we’ve secured a Convertible Debenture Debt (CDD) investment following the successful validation of our technology and market approach. This milestone not only reflects confidence in our vision but underscores the potential of our solutions to bring transformative change to the industry. The support from SISFS goes beyond financial backing; it serves as a powerful endorsement of the work we’ve accomplished so far. This collaboration solidifies our foundation, enabling us to scale our operations, refine our technology, and position our solutions to meet the needs of a dynamic and evolving market. With this funding, we gain the stability and flexibility to explore new avenues for research, pilot innovative programs, and build partnerships that will drive our mission forward. This renewed collaboration invigorates our team, providing the momentum needed to move forward with renewed focus and ambition. We are committed to making the most of this opportunity, leveraging the resources, expertise, and connections gained through SISFS to elevate our technology and broaden our impact. This partnership marks a significant step in our journey, as we work toward our goal of delivering innovative solutions that truly transform the industry.