Indofast Energy, India’s leading battery-swapping solutions provider, is deepening its collaboration with EVeez, a leading mobility solutions provider, to deploy 20,000 e-bikes across key Tier I and Tier II cities, including Chennai, Mumbai, Pune, Jaipur, Lucknow, and Vijayawada, in the next 24 months.
Indofast Energy and EVeez have been working together to accelerate EV adoption in the last-mile delivery space, and this expansion marks a significant step toward making electric mobility more accessible and efficient for gig workers. By expanding battery-swapping infrastructure across new geographies, the initiative will reduce operational costs, minimize downtime, and enhance efficiency for delivery partners in quick commerce, e-commerce, and food delivery.
“This partnership is not just about adding more e-bikes and swapping stations – it’s about building an energy ecosystem that transforms urban logistics. We do over 40k swaps every day and have over 900 swapping stations across the country. Our OEM agnostic battery swapping infrastructure allows any fleet player or retail customer to easily access our network for their fleet – across two and three-wheelers. By 2030, we envision a seamless, city-wide battery-swapping network that powers everything from delivery fleets to ride-hailing services, accelerating India’s journey toward net-zero emissions.” said Rajat Malhan, Senior Vice President, Indofast Energy.
“This strategic partnership with Indofast Energy allows EVeez to significantly accelerate our expansion into Tier II cities, where we’re witnessing tremendous growth in quick commerce and delivery services,” said Gaurav Rathore, Co-founder and CEO of EVeez. “By combining our electric mobility solutions with Indofast Energy’s extensive battery-swapping infrastructure, we’re not just deploying vehicles – we’re creating sustainable livelihood opportunities for thousands of gig workers in emerging urban centers. The quick commerce tailwinds in these cities present a perfect opportunity to simultaneously drive EV adoption and economic empowerment. This collaborative approach enables us to overcome traditional barriers to EV adoption by offering a reliable, cost-effective solution that meets the dynamic needs of last-mile delivery partners across India.”
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