New Delhi, June 25th, 2024: ElectroRide, India’s fastest-growing multi-brand electric vehicles retail chain, today announced its partnership with Battery Smart, India‘s largest battery swapping network for electric two and three-wheelers. The first phase of this collaboration will see Battery Smart set-up 50 swap stations at ElectroRide locations across Delhi and Uttar Pradesh.
The partnership is aimed at making electric mobility adoption simple, economical, and efficient, by creating more EV swapping infrastructure, tying into Battery Smart’s goal of giving EV users access to swap stations within a 1 km radius with zero wait time. In the next five years, ElectroRide’s 2,500 locations will be equipped with battery swapping stations.
Rahul Goenka, Director of ElectroRide, expressed enthusiasm about this endeavor, stating, “Our collaboration with Battery Smart, a key player in the Indian two and three-wheeler EV market, underscores our commitment to revolutionizing the electric mobility landscape. The deployment of 2,500 battery swapping stations is a testament to our vision for a sustainable and accessible electric vehicle infrastructure in India. This initiative aligns with the government’s push towards greener transportation solutions and is poised to make electric vehicles more viable for the masses. The strategic placement of these stations aims to cater to the needs of urban and intercity electric vehicle commuters, fostering a paradigm shift towards cleaner and efficient mobility solutions.”
Operationalized in June 2020, Battery Smart has rapidly scaled to 1000 stations across 30 cities, completing over 35 million swaps. By utilising Battery Smart’s Battery-as-a-service (BaaS) model, EV users can swiftly replace depleted EV batteries within 2 minutes with fully charged ones.
“We are excited to partner with ElectroRide as they continue strengthening India’s EV infrastructure. With the growing adoption and acceptance of electric vehicles nationwide, it is crucial to expand access to battery swapping stations. This will enable two and three-wheeler EV users to benefit from the convenience, cost-effectiveness, and efficiency that battery swapping offers,” added Nishant Garg, Senior Director – Expansion, Battery Smart.
Subsequent phases of the project will see a rapid expansion of the network, covering additional regions to ensure widespread accessibility. In its last-mile mobility solutions, ElectroRide also intends to deploy 30,000 vehicles, incorporating battery swapping technology to extend their range.
An arm of Goenka Green, ElectroRide is a multi-brand e-mobility product solutions company which offers an array of products including motorcycles, three wheelers, and eco-mobility solutions. The company provides after-sales support and is actively participating in developing and deploying e-vehicle charging infrastructure across the country. With a strong footprint in the northern part of India, ElectroRide further plans to expand its reach in South India.