Indofast Energy, the pioneering joint venture between IndianOil and SUN Mobility, has achieved a remarkable milestone by commissioning its 1,000th battery swap station at Mumbai’s iconic Lokmanya Tilak Terminus Railway Station. This achievement not only marks the fastest rollout of comprehensive EV charging infrastructure in the country but also signals a decisive shift in India’s approach toward electric mobility.
Nationwide Presence with Strong Regional Footprints
Indofast Energy’s rapidly expanding network now spans 10 states and 22 cities, with Delhi NCR leading the charge at 332 stations, followed closely by Bengaluru (259) and Hyderabad (124). This wide reach underscores the company’s commitment to building a robust and reliable energy infrastructure that supports both individual and commercial EV users.
Scale and Impact: Numbers that Speak Volumes
The network’s impressive scale has already enabled significant impact:
- Over 39 million battery swaps completed to date.
- Supporting more than 50,000 electric vehicles on Indian roads.
- Facilitating travel of more than 1.06 billion kilometres, equivalent to circling Earth 26,000 times.
- Preventing nearly 55,000 metric tonnes of CO₂ emissions, a milestone that demonstrates how sustainable infrastructure directly contributes to India’s climate goals.
Empowering Livelihoods Through EV Adoption
Indofast’s ecosystem today supports nearly 78,000 livelihoods, with its two-minute battery swap system proving to be a game-changer for gig workers and delivery riders. By reducing downtime and eliminating the wait associated with conventional charging, riders can complete more trips per day, directly improving their income potential and efficiency.
Strategic collaborations with leading last-mile delivery and mobility players such as Zypp, Shadowfax, and Rapido, alongside infrastructure support from IOCL and Indian Railways, are further strengthening the ecosystem. This integration of technology, infrastructure, and partnerships ensures that battery swapping is not just a service, but a sustainable livelihood enabler.
Future-Ready Expansion Plans
Looking ahead, Indofast has set ambitious targets. The company aims to deploy 2,750 swap stations and support over 1.5 lakh electric vehicles by March 2026. Expansion plans include entry into Chennai, Mumbai, Jaipur, Pune, and Agra, while continuing to deepen its footprint in existing high-demand markets.
Beyond 2026, Indofast has outlined an even bolder roadmap—building a network of 10,000 swapping points across 40+ cities, creating one of the world’s largest battery-swapping ecosystems.
A Paradigm Shift in India’s EV Strategy
While much of India’s EV discourse has traditionally centered on fast charging infrastructure, Indofast Energy is redefining the conversation by focusing on battery swapping. This approach removes two of the biggest barriers to EV adoption:
- Range Anxiety – Riders have constant access to charged batteries.
- Charging Time – Instant battery swaps take just two minutes.
CEO Anant Badjatya has consistently emphasized that the company’s vision is to make swappable battery EVs the most convenient and economical choice, particularly for India’s gig economy workforce which thrives on speed, efficiency, and low operational costs.
Conclusion: Building the Future of Mobility
Indofast Energy’s 1,000th station milestone is not just a number—it is a turning point for India’s electric mobility landscape. By prioritizing convenience, affordability, and sustainability, the company is setting a global benchmark for EV infrastructure. With its ambitious growth plans, strategic partnerships, and focus on community impact, Indofast Energy is poised to make electric mobility the default choice for commercial and urban transportation in India.
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