Latest news with #IndofastEnergy
NDTV
14 hours ago
- Automotive
- NDTV
Odysse, Indofast Partner To Make Snap Electric Scooter More Affordable
Odysse Electric Vehicles has announced a strategic partnership with Indofast Energy, a joint venture of Indian Oil Corporation Ltd. and Sun Mobility. As a battery-swapping solutions provider, to integrate SUN Mobility's advanced battery-swapping technology into its high-speed electric scooter, SNAP. This move enhances Snap's accessibility by eliminating range anxiety and long charging times, making clean mobility more practical and affordable for urban riders. The battery-swapping-enabled Snap is being introduced in New Delhi, Hyderabad, Bengaluru, and Mumbai, with phased expansion to other cities in the pipeline. The Snap is a high-speed electric scooter with a peak motor output of 2000 watts, a top speed of 55 km/h, and a max range of 100 km per swap. It features a waterproof IP 67-rated motor, a robust Indian chassis built for local road conditions, cruise control for enhanced comfort, and a CAN-enabled display that provides real-time battery and range updates. The SNAP delivers on both performance and convenience, making it ideal for today's daily commuters. The brand said that the Snap electric scooter will now be offered at Rs 49,999 (ex-showroom) with SUN Mobility's Battery-as-a-Service (BaaS) subscription model- Rs 999/month for 25 kWh and Rs 2,499/month for 75 kWh. Mr. Nemin Vora, CEO, Odysse Electric Vehicles, said, "Our partnership with SUN Mobility began with the global deployment of the Vader SM, and we're proud to now bring that success closer to home with the Snap. By combining our rider-focused design with SUN Mobility's battery-swapping platform, we're breaking down critical barriers to EV adoption in India-making electric mobility more affordable, practical, and future-ready." Mr. Rajat Malhan, Senior Vice President, Indofast Energy, added, "After our successful international collaboration on the Vader SM, extending our partnership with Odysse Electric to the domestic market was a natural progression. Enabling the Snap with our battery-swapping technology ensures that more Indian riders experience the convenience, flexibility, and cost-effectiveness that are essential for large-scale EV adoption."
Time of India
3 days ago
- Automotive
- Time of India
Odysse Electric and Indofast Energy partner to launch most affordable battery-swapping enabled scooter
Odysse Electric Vehicles has partnered with Indofast Energy to launch battery-swapping technology for its electric scooter , the Odysse SNAP. Indofast is a joint venture between Indian Oil Corporation and SUN Mobility . The collaboration will integrate SUN Mobility's battery-swapping solution into SNAP, and is intended to reduce charging time while alleviating range limitations. The service is initially being launched in New Delhi, Bengaluru, Hyderabad, and Mumbai, with plans for phased expansion across other regions, according to a joint statement released on Friday. The SNAP scooter delivers a peak motor output of 2000 watts, a top speed of 55 kmph, and a range of up to 100 km per battery swap. It includes a waterproof IP67-rated motor, a locally developed chassis, cruise control, and a CAN-enabled display for real-time battery and range updates. Swap-based model and subscription pricing Using SUN Mobility's Battery-as-a-Service (BaaS) model, riders can now exchange depleted batteries for fully charged ones at designated swap stations, typically within two minutes. This service will be available at: ₹999 per month for 25 kWh, and ₹2,499 per month for 75 kWh. The SNAP scooter is priced at ₹49,999 (ex-showroom) and aims to offer lower upfront costs by separating the battery from the vehicle purchase. 'By combining our rider-focused design with SUN Mobility's battery-swapping platform, we're breaking down critical barriers to EV adoption in India—making electric mobility more affordable, practical, and future-ready,' said Nemin Vora, CEO of Odysse Electric Vehicles. 'Enabling the SNAP with our battery-swapping technology ensures that more Indian riders experience the convenience, flexibility, and cost-effectiveness that are essential for large-scale EV adoption,' said Rajat Malhan, senior vice president, Indofast Energy. The companies earlier collaborated on the Vader SM electric motorcycle in international markets, with the latest partnership marking a continued effort to support urban electric mobility infrastructure in India.
Time of India
30-04-2025
- Automotive
- Time of India
Indofast Energy partners EVeez to deploy 20,000 electric bikes across key tier I/II cities
Battery-swapping solutions provider Indofast Energy on Wednesday said it will deploy 20,000 electric bikes across key tier I/II cities in the next 24 months in collaboration with EVeez for last-mile delivery . The cities include Chennai, Mumbai, Pune, Jaipur, Lucknow, and Vijayawada, a company statement said. #Pahalgam Terrorist Attack The groundwork before India mounts a strike at Pakistan India considers closing airspace to Pakistani carriers amid rising tensions Cold Start: India's answer to Pakistan's nuclear threats 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, it said. By expanding battery-swapping infrastructure across new geographies, the initiative will reduce operational costs, minimise downtime, and enhance efficiency for delivery partners in quick commerce , e-commerce, and food delivery, it said. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Learn The Most Successful Intraday Strategy in Just 2 Hr. thefutureuniversity Learn More Undo Indofast Energy said it carries out around 40,000 battery swaps every day and has 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. Live Events "By 2030, we envision a seamless, city-wide battery-swapping network that powers everything from delivery fleets to ride-hailing services," said Rajat Malhan, Senior Vice President, Indofast Energy. The quick commerce tailwinds in tier I/II 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, said Gaurav Rathore, Co-founder and CEO of EVeez. "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," he said.
