SUN Mobility, a leading provider of energy infrastructure and services for electric vehicles (EVs), has announced a strategic collaboration with IndianOil, a diversified, integrated energy major. The partnership aims to establish one of the largest battery swapping infrastructure networks by 2030.
The joint venture plans to deploy over 10,000 battery swapping stations across more than 40 cities within the next three years, enabling seamless adoption of electric mobility for two-wheelers, three-wheelers, and small four-wheelers. This initiative will provide a convenient “Battery as a Service” (BaaS) mobility solution.
Currently, SUN Mobility supports over 25,000 electric vehicles in India across 20 cities, with more than 630 stations and 50,000+ smart batteries. These batteries facilitate over a million swaps per month, catering to various two- and three-wheeler customers.
Chetan Maini, Co-Founder & Chairman of SUN Mobility, stated, “Seven years ago, SUN Mobility was founded on the premise of making electric vehicles affordable, reducing range anxiety, and minimising charging time. Since then, we have created the world’s leading open architecture platform for battery swapping that supports various EV form factors across multiple OEMs and are deploying globally in partnership with leading energy companies. Today, on World Environment Day, it gives me great pride to announce that together, we aim to transform mobility in India and set a global benchmark.”
This strategic joint venture leverages IndianOil’s extensive network of over 37,000 fuel stations across the country, combined with SUN Mobility’s advanced battery swapping technology. This collaboration aims to make battery swapping as accessible as conventional fuel stations, streamlining the EV experience by offering Battery as a Service (BaaS) nationwide and addressing concerns about battery cost, maintenance, replacement, and charging time.
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