Battery-as-a-Service (BaaS) operator Yulu has announced that it has achieved more than three million battery swaps through its ‘Max Network’. Yulu invested early-on in creating technology and on-ground infrastructure needed to perform battery swapping operations at scale, the company said in a release. The company claimed it is the largest shared EV player with over 10,000 EVs on the road. Its operations are powered by ‘Max Network’.
Over the last three years, Yulu has continuously invested in building its product, technology and ecosystem for shared usage in Indian conditions and context, the release said. The Max Network is a energy infrastructure with high-capacity back-end charging stations and a network of swapping stations.
Amit Gupta, CEO and Co-founder, Yulu, said, “Completing three million swaps as India’s largest Battery-as-a-Service (BaaS) is a great milestone, and in a way, it's just the start. As the largest player in shared EV mobility, Yulu has always thought of mobility and energy together and hence has focused on building both of these in tandem, right from the start. The Max Network is an AI-powered and IOT-enabled, intelligent network that allows us to run our operations in an automated and efficient manner. We believe 2022 is a defining year for India’s EV market & Yulu is well-positioned to lead this transition. Yulu’s energy infrastructure, the Max Network, will grow in line with our mobility growth plan of reaching a fleet of 100,000 vehicles by end 2022, and thus enable 3 million swaps every month.
"The policy, announced by the finance minister in the Union Budget 2022, will focus on developing a complete framework to encourage battery swapping, including regulatory, operational, and technological factors.
As a company with deep experience in operating shared mobility on the ground, Yulu is actively contributing to the policy discussions with policymakers and key government offices and we hope to collaborate with them to create a policy roadmap that will help accelerate and scale up the infrastructure for EVs and shared mobility in the country."
The Max Network uses Machine Learning and Artificial Intelligence (AI) to predict and fulfill battery requirements across its network, based on demand patterns and trends. (MT)
- Bharat Maha EV Rally
- World’s longest Electric Vehicle Rally
- International Federation of Electric Vehicle Association
Bharat Maha EV Rally Completes 100 Days
- By MT Bureau
- December 17, 2025
Marking its 100th day, the monumental Bharat Maha EV Rally, the world's longest electric vehicle rally, concluded a landmark phase of its journey at ICAT in Manesar, Haryana, where it received a celebratory welcome. The rally’s nationwide expedition, organised by the International Federation of Electric Vehicle Association (IFEVA), is a transformative campaign designed to assess and accelerate India's electric mobility landscape. Its core mission is to dismantle prevalent myths, demonstrate the practicality of long-distance EV travel and foster widespread awareness.
Under the leadership of IFEVA President Dr Rajeev Mishra and a dedicated team, the rally has achieved an extraordinary footprint, traversing all 28 states and eight union territories of India, along with international stretches in Bhutan and Nepal. This ambitious journey has garnered unprecedented support, receiving flag-offs and endorsements from a diverse array of leaders including Chief Ministers, Governors, Union and State Ministers and spiritual guides, signifying a broad-based national consensus on electrification.
A pivotal aspect of the rally's outreach has been its deep engagement with the academic community. The convoy has visited hundreds of institutions, including premier establishments like IITs and IIMs, facilitating direct interactions where students and faculty experienced EVs firsthand, participated in dynamic discussions and had their queries addressed by experts. This initiative has successfully ignited enthusiasm and curiosity among the nation's youth.
By actively collaborating with government bodies, industry players from large manufacturers to MSMEs, educational institutes and consumers, the rally is gathering critical, on-ground insights. These findings are poised to inform future policy and infrastructure development decisively. Ultimately, the Bharat Maha EV Rally stands as a powerful testament to India's commitment to sustainable transportation, clearly showcasing the rapid adoption of EVs and the expansion of supporting infrastructure, thereby solidifying the country's position as a frontrunner in the global electric vehicle revolution.
Battery Smart Completes 100 Million Battery Swaps In India
- By MT Bureau
- December 17, 2025
Delhi-NCR-based electric vehicle battery swapping organisation Battery Smart has announced that it has become the first company in India to complete 100 million battery swaps across its network for electric two- and three-wheelers.
The achievement comes five years after the company’s founding. Battery Smart claims it currently operates approximately 70 percent of the battery-swapping infrastructure in the country.
To mark the achievement, the company has launched an INR 100 million Driver Welfare Fund 2026, which is designed to provide insurance, financial protection and skill development for approximately 100,000 electric vehicle (EV) drivers. The fund also includes referral programmes, free swaps and community inclusion initiatives.
Pulkit Khurana and Siddharth Sikka, Co-Founders of Battery Smart, said, “Crossing 100 million swaps is a landmark for EV adoption in India, not just for us. It demonstrates the potential of battery swapping to make clean mobility accessible, affordable, and inclusive at scale. Each swap represents a choice, a driver choosing clean mobility over combustion, assurance over anxiety and improved uptime over long waiting hours. This achievement belongs to our community of drivers, battery swap station partners, OEM collaborators, investors, and policymakers who believed that battery swapping could succeed at scale in India.”
The company’s ecosystem includes over 5,000 women drivers and 250 women partners. Its technology utilises IoT-enabled batteries and real-time monitoring to enable predictive maintenance and minimize downtime for drivers in the gig economy.
“Looking ahead, the Driver Welfare Fund reinforces our commitment to the community that made this possible. As we continue to grow, we remain focused on strengthening India’s EV mobility backbone, powered by smarter IoT batteries, more efficient station operations, and robust safety systems. This milestone is just the beginning, and together, we are building the future of clean mobility for India,” added Sikka.
Going forward, Battery Smart intends to expand into 100 additional cities by 2026. The company’s roadmap involves deploying more swap stations and increasing daily swap capacity to meet demand from commercial operators. Planned investments include safety systems and IoT intelligence as the company continues to work with regulators and industry stakeholders.
Ola Electric Begins Mass Deliveries Of 4680 Bharat Cell Powered Vehicles
- By MT Bureau
- December 08, 2025
Ola Electric has announced the commencement of mass deliveries of its 4680 Bharat Cell-powered vehicles. The S1 Pro+ 5.2 kWh is the first product to be powered by the company’s indigenously manufactured 4680 Bharat Cell battery pack, which delivers more range, better performance and enhanced safety.
With its own battery packs in the vehicles, Ola Electric is now India's first company to fully own the battery pack and cell manufacturing process in-house.
The S1 Pro+ 5.2 kWh is powered by a 13 kW motor, offering acceleration of zero to 40 kmph in just 2.1 seconds. It comes with an impressive 320 km range (IDC with DIY mode).
The S1 Pro+ features four riding modes (Hyper, Sports, Normal and Eco) and also offers enhanced safety with category-first dual ABS and disk brakes in the front and rear. It also gets enhanced ergonomics and comfort, a two-tone seat with supportive foam, body-coloured mirrors, a die-cast aluminium grab handle, rim decals and an expanded colour palette comprising Passion Red, Porcelain White, Industrial Silver, Jet Black, Stellar Blue and Midnight Blue.
“The excitement for S1 Pro+ has been phenomenal. Deliveries are now in full swing, and customers are proudly riding India’s first scooters powered by our own 4680 Bharat Cell. This is a big moment, not just for Ola, but for India’s journey towards becoming a global EV hub. With the national rollout starting soon, we are now ready to take this breakthrough product and technology to every corner of the country,” an Ola Electric spokesperson said.
Trinseo Launches Fourth-Generation Binder For The Next Wave Of EV Batteries
- By MT Bureau
- December 03, 2025
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