Erisha E Mobility, an entity of Rana Group that envisions manufacturing, distributes, and exports electric vehicles segment and Hydrogen fuel cell buses, has entered a Joint Venture with German partner Greenbox Global Holding, incorporating Erisha Hydrogen India Private Limited. The JV aims to offer solutions for sustainable energy production, conversion, storage, and service systems.
While Erisha E Mobility will look after manufacturing of whole range of hydrogen technologies like hydrogen containers, ESS, Hydrogen Gensets, hydrogen vehicles etc and Greenbox will give technology solutions and applications.
“Green hydrogen is seen as a key solution for reducing the reliance on traditional carbon-based fuels. Erisha Hydrogen India Private Limited has gone into the green hydrogen business with the German partner Greenbox with the aim of providing clean, sustainable energy solutions that can help create a more sustainable future. While our company’s mission is to go for hydrogen vehicles, this partnership is going to enhance our plans to focus on the EV and hydrogen vehicles business,” said Darshan Rana, Chairman and Managing Director, Rana Group.
Emphasising on the significance of Hydrogen fuel, Rana further said, “Hydrogen is seen as a key ingredient in the move to a more sustainable energy mix, as it can be used to store and transport energy from renewable sources like wind and solar. Our company models are going to help to reduce emissions and increase the use of renewable energy, making it a key player in the fight against climate change.”
Erisha is confident that the unique technologies developed by Greenbox such as its AI-based prediction algorithm and verticalized business approach will enable it to improve overall Hydrogen production productivity by up to 25 per cent in comparison to state-of-the-art electrolyzer installations and will make Hydrogen competitive in the mobility markets. This will enable a wide range of innovative business models for green hydrogen technologies, such as off-grid energy supply, grid balancing services, peak shaving and super fuel production.
The innovative technology for energy management optimization can be used in Electric Vehicles as well and will help to eliminate green-house gas emissions, increase the use of renewable energy and lower the energy consumption of the vehicle. In this context, Erisha E Mobility has earlier has announced the launch of E- Superior Electric Cargo Loader, E- Supreme Electric Delivery Van and E- Smart Electric Passenger vehicle three-wheeler auto in L5 category including EV Charging Stations.
The move into the green hydrogen business is just one of the many steps Erisha E Mobility is taking to create a more sustainable future. The company is also working on other projects that will help it to reduce its carbon footprint and improve its environmental performance aligning with the Government future plans.