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Inside IEW 2026: 50 EVs, 45 batteries, and a cleaner way to commute
['Sudipto Maity']
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Photo: Sudipto Maity/ Connected to IndiaAt the heart of this effort is Indofast Energy, a joint venture between IndianOil Corporation Limited and SUN Mobility.
Back in 2020, IndianOil and SUN Mobility signed a strategic MoU to explore electric mobility solutions.
That vision became reality in 2024 with the official launch of Indofast Energy, a Bengaluru-based company focused on battery swapping as a practical way to scale electric vehicles in Indian cities.
Photo: Sudipto Maity/ Connected to IndiaThese vehicles are supported by 3 battery charging stations which can simultaneously change 45 batteries.
Photo: Sudipto Maity/ Connected to IndiaThe employee said the company has also kept six buffer vehicles to ensure there are no delays.