Battery Smart

Battery Smart is building India’s largest network of battery swapping stations providing Li-ion batteries on a pay-per-use basis for the drivers of three-wheeled electric rickshaws through our asset-light network of partner swap stations.

http://www.batterysmart.in

201-500 employees

Growth Trajectory

Battery Smart aims to expand its network nationwide across tier-1, tier-2, and tier-3 cities, envisioning a swap station for every square kilometer. They are focused on integrating ESG practices across the organization and fostering partnerships with various EV ecosystem players, indicating significant market expansion and innovation potential. Their rapid onboarding of drivers and fleet operators further supports this growth trajectory.

Technical Challenges

Ensuring the interoperability of batteries across different vehicle types.

Managing a dense network of battery swapping stations.

Maintaining the quality and performance of Li-Ion batteries.

Addressing the technical complexities of integrating various EV ecosystem players into a unified platform.

Handling data security and accuracy within their mobile applications.

Tech Stack

Li-Ion battery technologyMobile applicationsIntegrated platform for EV playersBattery swapping systems

Team Size

Partnerships with local businesses

Collaborations with battery manufacturers, OEMs, drivers, and fleets

Sustainability Officer & Battery Smart ESG Committee

Key Risks

Supply chain disruptions affecting the availability of Li-ion batteries.

Regulatory changes impacting the cost and operation of battery swapping services.

Ensuring data accuracy and security within their mobile applications and integrated platforms.

Maintaining customer confidence in battery safety as EV adoption grows.

Competition from other battery swapping or fast-charging solutions.

Opportunities

Leveraging their integrated platform to offer value-added services to battery manufacturers, OEMs, drivers, and fleets.

Expanding partnerships with local businesses to accelerate the deployment of battery swapping stations.

Capitalizing on the growing demand for sustainable transportation solutions in India and globally.

Enhancing battery safety standards and providing training programs to build customer confidence.

Developing innovative battery management technologies to improve efficiency and extend battery life.

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