Battery Smart has achieved a historic milestone in India’s electric mobility journey by becoming the first company in the country to complete 100 million EV battery swaps. This achievement extends to electric two-wheelers and three-wheelers across its nationwide network, underscoring the rapid adoption of battery-swapping solutions in India.
Reaching this milestone in less than five years since its inception, Battery Smart’s growth reflects India’s growing shift towards clean, affordable and accessible electric mobility. The company’s success is driven by its technology-based, scalable and pan-India battery-swapping model, with strong ecosystem partnerships and a focus on cost efficiency. Today, it is estimated that Battery Smart powers approximately 70% of India’s battery swapping infrastructure.
To further strengthen its commitment towards the EV ecosystem, Battery Smart also announced a ₹10 crore EV Driver Welfare Fund to be launched in 2026, aimed at supporting the well-being and livelihood of EV drivers across the country.
To celebrate this achievement and strengthen its commitment towards drivers, Battery Smart also launched Driver Welfare Fund 2026, a ₹10 crore initiative aimed at enhancing the social and economic security of its driver community. The fund will provide insurance and financial protection, referral and reward programs, free swaps, skill development and community inclusion initiatives, benefiting approximately 1 lakh EV drivers.
Speaking on the milestone, Pulkit Khurana and Siddharth Sikka, co-founders of Battery Smart, said, “Crossing 100 million swaps is a milestone not only for us, but for EV adoption in India. It demonstrates the potential of battery swapping to make clean mobility accessible, affordable and inclusive on a large scale. Each swap represents a choice, a driver who chooses clean mobility over combustion, providing reassurance over worries and long waits.” This achievement is thanks to our community of drivers, battery swap station partners, investors and policy makers who believed that battery swapping could be successful in India.
Looking ahead, the Driver Wellbeing Fund reinforces our commitment to the community that made it possible. As we move forward, we are focused on strengthening India’s EV mobility backbone powered by smart IoT batteries, more efficient station operations and stronger safety systems. This milestone is just the beginning, and together, we are building the future of clean mobility for India,” said Siddharth Sikka, Co-Founder, Battery Smart, sharing his thoughts.
Battery Smart has also built an inclusive EV ecosystem with over 5,000 women drivers and over 250 women partners, promoting diverse participation in India’s clean mobility journey. Its technology stack enables predictive maintenance, minimizing downtime for drivers, a key factor in the gig economy where every hour counts. Leveraging IoT-enabled batteries and real-time monitoring, the company ensures high uptime and reliable swapping experience across the country, allowing drivers to swap anytime, anywhere.
Looking ahead, Battery Smart plans to expand to 100 more cities by 2026, deploy thousands of additional swap stations, and increase daily swaps to meet the growing demand from commercial EV operators. The roadmap also includes investments in next-generation safety systems and advanced IoT intelligence, while the company continues to collaborate with regulators and industry stakeholders to accelerate India’s clean mobility transformation.