Indofast Energy, e-Sprinto Partner to Launch 20,000 EVs by 2026

Indofast Energy, a developer of battery-swapping solutions, announced a partnership with e-Sprinto to introduce 20,000 electric two-wheelers nationwide by 2026.

The partnership will combine Indofast Energy's nationwide battery-swapping network with e-Sprinto's electric cars.

By installing vital battery-swapping infrastructure along high-demand corridors, the strategic implementation will transform delivery operations in the rapid commerce, e-commerce, and food delivery sectors, according to a statement from Indofast Energy.

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"By integrating e-Sprinto's high-quality vehicles with our network, we are expanding our reach across diverse customer segments and accelerating our ambitious EV deployment targets," Indofast Energy CEO Anant Badjatya said.

In addition, Zypp, Omega Seiki Mobility, Shadowfax, Triev, Wickedride, Green Drive, and others have partnered with Indofast Energy, a joint venture between IndianOil Corporation Ltd. and SUN Mobility.

SUN Mobility, a leader in battery-swapping technology, and IndianOil Corporation Limited (IOCL), one of the biggest energy corporations globally, have partnered to form Indofast Energy. With SUN Mobility's technology and IndianOil's trust, we work together to offer unparalleled scale, infrastructure, and innovation to the EV industry.

The company's goal is to make battery switching the go-to option for mobility by providing dependable, reasonably priced, and easily accessible options to all Indians.