Battery Smart becomes India’s first to cross 100 million EV battery swaps

In a landmark milestone underscoring India’s rapidly accelerating electric mobility transition, Battery Smart has become the first company in the country to complete 100 million battery swaps across its network of electric two- and three-wheelers.

Achieved nearly five years after the company’s founding, this milestone reflects India’s shift toward clean, affordable, and accessible electric mobility and highlights Battery Smart’s commitment to a pan-India, tech-led, scalable battery-swapping model built on affordability and strong ecosystem collaboration. Today, the company is estimated to operate around 70% of India’s battery swapping infrastructure.

To celebrate this achievement and reinforce its commitment to drivers, Battery Smart also launched the Driver Welfare Fund 2026, a Rs 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, Battery Smart’s Co-founders Pulkit Khurana and Siddharth Sikka noted, “Crossing 100 million swaps is a landmark for EV adoption in India, not just for us. It demonstrates the potential of battery swapping to make clean mobility accessible, affordable, and inclusive at scale. Each swap represents a choice, a driver choosing clean mobility over combustion, assurance over anxiety and improved uptime over long waiting hours. This achievement belongs to our community of drivers, battery swap station partners, OEM collaborators, investors, and policymakers who believed that battery swapping could succeed at scale in India.

Looking ahead, the Driver Welfare Fund reinforces our commitment to the community that made this possible. As we continue to grow, we remain focused on strengthening India’s EV mobility backbone, powered by smarter IoT batteries, more efficient station operations, and robust safety systems. This milestone is just the beginning, and together, we are building the future of clean mobility for India.”

Battery Smart plans to expand to 100 more cities by 2026, deploy thousands of additional swap stations, and scale daily swaps to meet growing demand from commercial EV operators. The roadmap also includes investments in next-generation safety systems and enhanced IoT intelligence, while the company continues collaborating with regulators and industry stakeholders to accelerate India’s clean mobility transition.