Battery Smart is India's largest network of battery swapping stations providing Li-ion batteries on a pay-per-use basis for drivers of electric rickshaws.
Battery Smart Quick Facts:
Vast asset-light network of partner swap stations at 219 locations
Adding 1 new swap station every working day
Deep relationships with OEMs to enable subscriptions
Expanding from NCR into multiple major metros: aims to capture entire Delhi-NCR market; currently present in 17 cities and is expected to be operational in 25 cities by end of 2023
Viral growth of daily battery swapping numbers: crossed 10+ Mln lifetime swaps milestone after just 41 months of operation and is doing 1 Mln monthly swaps from November, 2022 onwards
Deploying Lithium-ion batteries, Reducing generation of toxic waste from the manufacture and disposal of lead-acid batteries
During our first meeting with GFC, we could immediately connect over shared interests in sustainable development and minimizing carbon emissions. Their team had absolute clarity of thought and sheer determination towards supporting the companies trying to combat climate change through breakthrough business models focussed on environment-friendly solutions.
Sandiip and Rudra were incredibly supportive from the beginning. They showed great interest in our business initiatives and long-term vision, encouraging us to get them on board to strengthen our EV battery-swapping network in India.
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zero-emission kms
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tons of CO2 saved (equivalent to what 3,116,406+ fully-grown trees absorb in a year)
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green jobs created
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total driver enabled earnings so far, increasing driver's daily earnings by as much as 50%
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battery swaps since inception
The Impact Metrics data provided above is as of April 1, 2024 and is based on information provided from company sources and has not been independently verified nor audited. The CO2 offsetting and tree savings calculations resulting therefrom have been derived by using sources at both epa.gov and encon.eu. No representation or warranty, express or implied, is provided by Green Frontier Capital in relation to the fairness, accuracy, correctness, completeness or reliability of the information provided hereinabove.
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