The global battery swapping market is poised for significant growth, projected to enlarge from USD 1.46 billion in 2025 to USD 22.72 billion by 2035 at a CAGR of 31.5%,…
Battery Swapping
Electric vehicles have become very popular in India. 1.67 million EVs were sold last year alone, representing a strong 42% year-over-year increase. Better EV solutions and charging stations are becoming…
Global pioneer in battery swapping technology Gogoro Inc., located in Taiwan, announced that it will accelerate its rollout in India following clarity from the Indian government about the extension of…
In order to install battery switching facilities at more than 22,000 HPCL retail locations around India, Hindustan Petroleum and Mooving have partnered. Mooving is a SAR Group brand and a…
Mooving has announced a landmark collaboration with Hindustan Petroleum Corporation Limited (HPCL), a Government of India enterprise. Under the partnership, Mooving will get access to 22,000+ HPCL retail outlets across…
The Ministry of Heavy Industries’ Electric Vehicle Taskforce led the first stakeholder engagement on the policy and regulatory framework for battery swapping. Dr Hanif Qureshi, IPS, Additional Secretary of the…
Quantum Energy has announced a strategic partnership with Battery Smart, India’s largest and fastest-growing battery-swapping network for electric two and three-wheelers. Through this collaboration, Battery Smart’s network of 900+ swap…
ETO Motors has been awarded INR 12.45 CR by the Small Industries Development Bank of India (SIDBI) to deploy 300 Electric 3-Wheelers (E3W) for first and last mile passenger connectivity…
Pune-based Belrise Industries (formerly Badwe Engineering) has abandoned its plans to invest $2.5 billion as part of the tripartite agreement with the Maharashtra government and Taiwanese firm Gogoro to build…
Hyderabad-based RACE Energy has marked its strategic foray into international markets by entering the Sri Lankan market. The company has collaborated with Lanka E-Mobility Solutions (LeMS) to prototype its battery…