Battery Smart, India’s largest and fastest-growing battery swapping network for electric two and three wheelers, completed 10 million battery swaps on its network – the highest in the country, within three years of operations. This is a significant milestone as it validates the increasing acceptance of battery swapping as an innovative clean mobility solution, particularly for India’s growing number of electric rickshaws and two-wheelers.
Battery Smart has been an instrumental player in the Indian two and three-wheeler market, providing two-minute swaps that enable drivers to save time, cover greater distances, and reduce their upfront costs by upto 40%. The company has been at the forefront of the battery swapping movement and has expanded its network to 17 cities, most recently in Hyderabad, Govardhan, Vrindavan, and Mathura. The company has 500+ Swap Stations with 50,000 batteries currently in circulation.
Siddharth Sikka, Co-Founder of Battery Smart, sheds more light on the milestone, “Our unique battery-as-a-service model allows us to partner with Indian SMBs and leverage their existing infrastructure to set up our Swap Stations. This asset-light approach has enabled us to rapidly expand our operations while also improving the livelihoods of local business owners. We operate the densest swapping network in the country and aim to establish our presence in 25 cities by June 2023 – with a sustained focus on tier 2 and tier 3 cities.”
“We are very proud to announce that we have completed 10 million battery swaps, a testament to India’s rapidly growing EV adoption. As we continue to increase the number of batteries in circulation, it’s crucial for battery manufacturers to strictly adhere to the latest AIS norms mandated by the Government. Building customer confidence is paramount for the success of EV adoption, and ensuring safety is a vital part of this process,” added Pulkit Khurana, Co-Founder of Battery Smart.
As the company continues to grow, it is playing a critical role in educating partners, drivers, and consumers on EV safety measures, battery management and handling, and ensuring the latest safety norms are adhered to. Committed to helping India achieve its target of net-zero emissions by 2023, Battery Smart currently has 18,500 electric two-and-three wheelers on its network.
