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The electric two-wheeler and three-wheeler industry in India is in a stage of rapid development, and all aspects are actively promoting its popularity and development.
While there are still some challenges and issues, the Indian EV market is expected to grow more rapidly and sustainably in the future as policies and technologies continue to advance.
Here are the best top 5 battery swapping station in India: Lithion Power, Battery Smart, Hero, Sun Mobility and Gravton.
1. Best list of top 5 battery swapping station in India
Number |
Company |
1 |
Lithion Power |
2 |
Battery Smart |
3 |
Hero |
4 |
Sun Mobility |
5 |
Gravton |
① Lithion Power
Established date |
August, 2017 |
Company location |
New Delhi |
Company website |
https://lithionpower.com/ |
Lithion Power plans to invest in an EV battery swapping ecosystem in India. The company expects to enter into partnerships with other companies to raise investments.
Currently, battery charging and swapping is explicitly mentioned as a market-oriented product to drive battery swap station system solutions for electric vehicles. Lithion Power operates five battery charging stations, which typically cater to small, shared motor vehicles such as two-wheelers and three-wheelers.
The company is expected to remain focused on this segment for at least the next few years. Lithion Power said at least 1 million EV batteries will be swapped over the next three years.
With the mass introduction of electric vehicles in India, many companies are expected to launch this experimental market model to determine the most economically viable option for survival and growth.
② Battery Smart
Established date |
November, 2019 |
Company location |
New Delhi |
Company website |
https://www.batterysmart.in/ |
Battery Smart is a start-up battery swapping station in India that provides advanced lithium-ion batteries for electric two- and three-wheeled vehicles. The company claims that it only takes two minutes to replace a fully charged battery at any battery swap station.
Battery leasing is the biggest cost, and it is supported by digital platforms that facilitate investment in the new era. To accelerate growth, the company hired more people, increasing employee benefits by 9x in FY22.
In addition, during the same period, costs related to the consumption of inventory and spare parts, as well as ground handling costs, were incurred. With the eventual take-off of battery service solutions provider.
Battery Smart's business and its expansion in the field, Battery Smart is expected to usher in a period of strong and sustained growth. As a "target" driven company, it has taken on the task of building a large network of battery swap stations that will support electric vehicles in the two-wheeler and three-wheeler categories.
Claiming 8 million swaps and more than 500 sites, the company has collected key data on challenges and growing markets in the major cities in India where it is located. With a strong capital base and an expanding market, this makes it a key player in the health of India's EV industry.
③ Hero
Established date |
January, 1984 |
Company location |
New Delhi |
Company website |
https://www.heromotocorp.com/en-in.html |
With the spread of electric power, many motorcycle companies in India have also joined the competition in the field of electric two-wheelers. As India's two-wheeled industry giant, Hero also planned ahead, launching its electric vehicle brand Vida in October last year and launching its first pedal, Hero Vida V1.
This all-new electric scooter was delivered in 2023. And it is also said that Hero has also adopted the battery swapping system of Taiwanese supplier Gogoro on a large scale and agreed to cooperate with them.
In other words, this car and Hero's subsequent electric models may support battery swapping. The first product of the new electric brand is available in two different versions, the Vida V1 Plus and the Pro.
Both versions are equipped with a fast-charging system, which can be fully charged in 65 minutes using a fast-charging charger. With a normal charger, it can be fully charged in 5 hours and 55 minutes.
④ Sun Mobility
Established date |
2017 |
Company location |
Bengaluru |
Company website |
https://www.sunmobility.com/ |
Sun Mobility is a critical step in our mission to revolutionize urban mobility. Eliminating the hassle of charging by replacing batteries (12v 100ah lithium ion batteries) on the fly is creating a clean way to commute that is not only convenient, but also affordable.
Sun Mobility, an Indian provider of energy infrastructure and services for electric vehicles, said it will power 30,000 scooters from Bangalore startup Bounce Infinity and deploy them in key markets.
Customers, including third-party fleets, will be powered by Sun's best battery swap station system. This will allow users of these electric two-wheelers to take advantage of Sun Mobility's extensive and robust network across the country.
Sun Mobility has more than 600 battery swapping stations in 19 cities across India, with more than 1 million replacements per month and more than 30 million kilometers driven.
⑤ Gravton
Established date |
2017 |
Company location |
Hyderabad |
Company website |
https://www.gravton.com/ |
Currently a battery swapping station in India, Gravton has unveiled its latest electric car, Gravton Quanta, which is very close to the early pre-curved beam styling.
In terms of charging, the Gravton Quanta has a fast charging feature that is capable of fully charge the battery (12 volt 200ah lithium battery) in 90 minutes, compared to about 3 hours in regular mode. The company also has the Swap Eco System, which can also optionally be swapped at a Gravton battery station.
The battery comes with a 5-year warranty and replacement warranty. In terms of price, the Gravton Quanta also continues the usual price-performance ratio of Indian cars, with an entry price of INR 99,000. If you put this car in the current Chinese market, the price of supporting fast charging and battery swapping stations business model is still very attractive.
2. Conclusion
The Government of India will first promote e-mobility in the public/shared mobility sector. Indian two-wheeler manufacturers also mentioned that it is not easy for the industry to promote the use of electric vehicles in the passenger market.
The success is due to the initiative for electric vehicles and the availability of charging infrastructure, as well as the consumer's desire to be environmentally friendly and energy efficient. These factors have promoted the rapid development of the market and provided a broad market space for battery swap services.
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