Battery Smart Completes 1 Million Swaps On EVs In India

New Delhi-based battery-swapping firm Battery Smart announced it has completed 1 million paid swaps, from its 200+ swap stations spread across India. With 4,000+ registered drivers on its platform, the company claims it has powered 30 million emission-free km to date. Furthermore, the company is now present in 10 cities, including Noida, Gurugram, Faridabad, and Panipat. According to the statement released by the company, its data-driven methodology and battery telematics enabled it to grow exponentially, whereas the data generated is utilized for network planning and ensuring EV users have access to two-minute swaps within a 1km radius.

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Pulkit Khurana, co-founder, Battery Smart said, “We are very proud to announce that we have completed 1 million battery swaps, a testament to India's rapidly growing acceptance to switch to EVs. The fact that these swaps have been completed by our paying customers, like gig workers and e-rikshaw drivers across 120+ different makes of vehicles, strengthens our belief that an interoperable battery-swapping network is the most effective solution, especially for commercial two and three-wheelers.”

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The company says this is a significant milestone as it validates the growing usage and acceptance of battery swapping as an innovative clean mobility solution that offers a 40 per cent reduction in the up-front investment borne by consumers. Additionally, with a new battery swapping policy announced as part of Union Budget 2022, battery swapping infrastructure and EV financing are set to receive heightened focus from the Government.