"LI-ION BATTERY-SWAPPING NETWORK FOR ELECTRIC VEHICLES IN INDIA"
INVESTED IN FEBRUARY 2020
Towards Sustainable Livelihoods And Clean Mobility
FOUNDERS / MISFITS
"BatterySmart convert e-rickshaws’ lead-acid batteries to swappable Li-ion batteries to save ~1 Lakh/year in costs. The company will provide battery swapping stations with a take rate of 15% for each swap. The company operates in a segment where the government is also pushing for
development with its schemes and policies."
"With 2.5 million EVs in India and 80% being e-rickshaws. Opening up 3X capacity up for these e-rickshaws is a revolution in mobility for the masses and will change the face of short-distance commuting in India"