EVeez Strengthens Strategic Alliance with Battery Smart to Accelerate EV Adoption in India

EVeez, India's pioneering electric mobility as a service (eMaaS) startup, today announced that it has strengthened its partnership with Battery Smart, India's largest and fastest-growing battery swapping network for electric two and three wheelers. Through this strategic alliance, the duo aims to continue accelerating electric mobility adoption by deploying 5000 Battery Smart-powered eBikes across Bengaluru, Hyderabad, and Chandigarh this financial year. EVeez has already established a successful partnership with Battery Smart, having deployed over 800 eBikes in the Delhi NCR region over the past year.

Commenting on the partnership, Gaurav Rathore, Co-Founder & CEO at EVeez, said, "We are delighted to solidify our partnership with Battery Smart, a leading player in India’s battery swapping space. Together, we aim to revolutionize electric mobility by providing sustainable and convenient transportation solutions to our customers. By leveraging Battery Smart’s dense existing network, we will be able to deploy more than 5000 eBikes this financial year, reinforcing our commitment to environmental sustainability and efficient urban mobility."

“It’s great to see the rapid growth of India’s electric two-wheeler market, with more innovative players entering the space. Given our extensive presence across 18 cities, we are glad to offer EVeez’s growing fleet access to our strong network of 550+ swap stations, enabling the company to scale faster and establish a wider presence across India,” added Pulkit Khurana, Co-Founder of Battery Smart.

Battery Smart has been at the forefront of India’s battery swapping movement, having recently completed 10 million battery swaps. Its large network of Swap Stations across Tier 1, 2, and 3 cities will enable seamless operations for EVeez's fleet. The partnership harnesses the technological expertise and industry experience of both companies to drive the growth and expansion of India's electric mobility ecosystem.

EVeez, founded by IIT Bombay graduate Gaurav Rathore and NID graduate Abhishek Dwivedi, has witnessed remarkable growth, achieving a fivefold increase this year. The company has expanded its fleet from 700+ eBikes to 4000+ eBikes and has added Bengaluru and Chandigarh to its operations. EVeez has formed strategic partnerships with key stakeholders in the EV sector, including Battery Smart, Lectrix, Amo Mobility, and Hero Electric.

Looking ahead, EVeez aims to sustain its growth momentum and set ambitious targets for the fiscal year 2024, with a goal to achieve 5x growth. The company is also actively expanding its presence in new cities such as Chennai, Ahmedabad, and Pune, while further strengthening its collaboration with existing partners, including Battery Smart.