Battery Smart clocks 100 million EV battery swaps, launches Rs 10 crore driver fund

GURUGRAM: Battery Smart has crossed a landmark few in India’s electric-mobility race: 100 million battery swaps. The five-year-old company is the first in the country to do so, cementing battery swapping as a serious alternative to plugs, queues and downtime.

The numbers are chunky. Those swaps have powered 3.5 billion clean kilometres, avoided 237,000 tonnes of CO₂e and saved the equivalent of 233 million litres of fuel. Battery Smart now runs an estimated 70 per cent of India’s battery-swapping infrastructure, spanning two- and three-wheelers across the country.

To mark the milestone, the company unveiled a Rs 10 crore Driver Welfare Fund 2026, aimed at bolstering insurance cover, rewards, free swaps, skill-building and community programmes for roughly 1 lakh EV drivers. Since launch, the platform has enabled cumulative driver earnings of more than Rs 2,800 crores.

“Crossing 100 million swaps shows that clean mobility can be affordable, accessible and scalable in India,” said Pulkit Khurana and Siddharth Sikka, co-founders of Battery Smart. “Every swap is a driver choosing uptime over waiting, assurance over anxiety. This milestone belongs to the drivers, partners, OEMs, investors and policymakers who believed battery swapping could work at scale.”

Battery Smart’s network runs on IoT-enabled batteries and real-time monitoring, allowing predictive maintenance and high uptime—crucial in a gig economy where idle hours cost money. The ecosystem is notably inclusive, with more than 5,000 women drivers and over 250 women partners.

Founded in 2019 by the IIT Kanpur alumni, the company has built 1,600-plus swap stations, serves over 100,000 drivers and operates in more than 50 cities. By 2026 it plans to enter 100 additional cities, roll out thousands of new stations and scale daily swaps sharply as commercial EV demand accelerates.

More stations, smarter batteries, tougher safety systems—and a bigger safety net for drivers. Battery Smart is not just swapping batteries any more; it is swapping the rules of India’s EV game.