Zepto, an e-grocery and fast commerce service, and Battery Smart, a network for battery switching for electric two- and three-wheelers, announced their collaboration.
By this partnership, Zepto’s EV delivery partners will have access to Battery Smart’s network of more than a thousand battery swapping stations located in more than thirty locations, facilitating two-minute battery swaps.
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Zepto will be able to add 10,000 new electric vehicles to its fleet in FY 2024–2025 thanks to this partnership. Currently, 20% of India’s last-mile delivery market is made up of EVs, which is in line with the government’s 2030 aim of 30% of the vehicle fleet being electrified.
Through Battery Smart’s Battery-as-a-Service (BaaS) concept, the partnership seeks to facilitate delivery partners’ transition to electric cars while lowering the capital costs associated with buying EVs without batteries.
Yogiraj Gogia, Senior Director of Partnerships, said: “Zepto’s growth over the past year has been remarkable, and now, with access to our growing network of swap stations, we look forward to seeing it scale even further by deploying more EVs to its fleet.”
Vikas Sharma, COO, Zepto, said: “Our association with Battery Smart gives us access to the country’s largest network of battery swapping stations, ensuring our delivery partners are always in proximity to a swap station, with zero wait time. This will also empower partners to save time, complete more This will also empower partners to save time, complete more deliveries, and ultimately increase their earnings,”
About Battery Smart
Founded in 2019 by Pulkit Khurana, Siddharth Sikka, Battery Smart is building India’s largest network of battery swapping stations providing Li-ion batteries on a pay-per-use basis.
About Zepto
Founded in 2021 by Aadit Palicha, Kaivalya Vohra, Zepto is India’s fastest growing e-grocery company valued at $1.4 Billion.
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