Summary
A new solution tackles high EV costs, charging times, and range anxiety by offering BaaS and MaaS with modular smart batteries and SwapX stations. Supporting over 25,000 EVs and achieving 1M+ swaps/month across 630+ stations in 20 cities, it significantly reduces ownership costs and downtime. Plans include 10,000 stations by 2030 with IndianOil.To overcome high upfront costs, long charging times, and range anxiety in EV adoption, a new solution offers Battery-as-a-Service (BaaS) and Mobility-as-a-Service (MaaS) with modular smart batteries and SwapX stations. This reduces EV ownership cost and minimizes downtime.
Problem
High upfront EV costs, long charging times, and lack of standardized battery solutions for 2W/3W segments
Impact
Plans to deploy 200 swapping stations in Delhi-NCR; aims to swap over 1 million batteries in 3 years; significant investment to expand EV ecosystem
Partners
EV OEMs , DBS Bank , Yes Bank , Idea Cellular ,
