Battery Smart, a battery swapping network for electric two and three-wheelers, has announced the completion of 10 million battery swaps on its network, the highest in the country.
The company has expanded its network to 17 cities, most recently in Hyderabad, Govardhan, Vrindavan, and Mathura, and has 500+ swap stations with 50,000 batteries currently in circulation.
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Siddharth Sikka, Co-Founder, Battery Smart, noted that the company is aiming to establish its presence in 25 cities by June 2023 - with a sustained focus on Tier 2 and Tier 3 cities.
He said, “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.”