SUN Mobility, IndianOil to Install 10,000 EV Swapping Stations by 2030

06 Jun 2024 CW Team

This strategic initiative, unveiled with much anticipation, is poised to unfold across more than 40 cities within the next three years. The ambitious project aims to significantly accelerate the adoption of electric mobility, catering not only to two-wheelers but also to three-wheelers and small four-wheelers.

Central to this endeavor is the innovative Battery as a Service (BaaS) model, which promises to redefine the landscape of electric vehicle ownership. Under this model, users will have access to a network of swapping stations, facilitating the seamless exchange of depleted batteries for fully charged ones. This approach not only eliminates the lengthy charging times associated with traditional electric vehicles but also addresses concerns regarding battery degradation and range anxiety.

The collaboration between SUN Mobility, a leading provider of energy infrastructure and services for electric vehicles, and IndianOil, one of India's largest oil and gas companies, marks a significant milestone in the nation's journey towards sustainable transportation solutions. By leveraging their respective expertise and resources, the two entities aim to create a robust ecosystem that supports the widespread adoption of electric vehicles.

Currently, SUN Mobility boasts a commendable track record, with over 25,000 electric vehicles being supported by more than 630 swapping stations spread across 20 cities. Powered by upwards of 50,000 smart batteries, this network facilitates over a million swaps per month, underscoring the scalability and viability of the battery swapping model.

The unveiling of this ambitious plan underscores India's commitment to fostering a greener, more sustainable future for its transportation sector. With the rapid expansion of EV infrastructure and the adoption of innovative business models like BaaS, the country is poised to emerge as a global leader in electric mobility.

As stakeholders eagerly await the rollout of these battery swapping stations, anticipation runs high for the transformative impact they are poised to have on India's transportation landscape. With convenience, sustainability, and scalability at its core, this collaboration between SUN Mobility and IndianOil signals a new era in the evolution of electric mobility in India.

In a groundbreaking move towards revolutionizing electric vehicle (EV) infrastructure in India, SUN Mobility and IndianOil have joined forces in a pioneering joint venture aimed at establishing over 10,000 battery swapping stations across the country by 2030. This strategic initiative, unveiled with much anticipation, is poised to unfold across more than 40 cities within the next three years. The ambitious project aims to significantly accelerate the adoption of electric mobility, catering not only to two-wheelers but also to three-wheelers and small four-wheelers. Central to this endeavor is the innovative Battery as a Service (BaaS) model, which promises to redefine the landscape of electric vehicle ownership. Under this model, users will have access to a network of swapping stations, facilitating the seamless exchange of depleted batteries for fully charged ones. This approach not only eliminates the lengthy charging times associated with traditional electric vehicles but also addresses concerns regarding battery degradation and range anxiety. The collaboration between SUN Mobility, a leading provider of energy infrastructure and services for electric vehicles, and IndianOil, one of India's largest oil and gas companies, marks a significant milestone in the nation's journey towards sustainable transportation solutions. By leveraging their respective expertise and resources, the two entities aim to create a robust ecosystem that supports the widespread adoption of electric vehicles. Currently, SUN Mobility boasts a commendable track record, with over 25,000 electric vehicles being supported by more than 630 swapping stations spread across 20 cities. Powered by upwards of 50,000 smart batteries, this network facilitates over a million swaps per month, underscoring the scalability and viability of the battery swapping model. The unveiling of this ambitious plan underscores India's commitment to fostering a greener, more sustainable future for its transportation sector. With the rapid expansion of EV infrastructure and the adoption of innovative business models like BaaS, the country is poised to emerge as a global leader in electric mobility. As stakeholders eagerly await the rollout of these battery swapping stations, anticipation runs high for the transformative impact they are poised to have on India's transportation landscape. With convenience, sustainability, and scalability at its core, this collaboration between SUN Mobility and IndianOil signals a new era in the evolution of electric mobility in India.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Building Material

11 Dec 2025

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Building Material

11 Dec 2025

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..