Indofast Energy, EVeez to roll out 20K E-bikes nationwide – EQ
In Short : Indofast Energy and EVeez have partnered to deploy 20,000 electric bikes across Tier I and Tier II cities in India over the next two years. This initiative will support last-mile delivery services and enhance electric mobility. Leveraging Indofast’s battery-swapping network, the project aims to reduce operational costs, create job opportunities, and contribute to India’s clean energy transition.
In Detail : Indofast Energy and EVeez have partnered to deploy 20,000 e-bikes across major cities in India over the next 24 months. This partnership aims to accelerate electric vehicle (EV) adoption in last-mile delivery services, including e-commerce and food delivery.
Expanding the battery-swapping network
Indofast Energy and EVeez are enhancing their collaboration to make e-bikes more accessible and efficient. By expanding battery-swapping stations in cities like Chennai, Mumbai, Pune, and Jaipur, they aim to lower operational costs and boost efficiency for delivery partners.
A sustainable future for gig workers
Rajat Malhan, Senior Vice President at Indofast Energy, shared, “This partnership is not just about adding more e-bikes and swapping stations – it’s about building an energy ecosystem that transforms urban logistics. Our battery-swapping infrastructure is already supporting over 40,000 swaps daily with over 900 stations nationwide, and we envision a seamless, city-wide network by 2030.”
Creating economic opportunities
Gaurav Rathore, Co-founder and CEO of EVeez, added, “This partnership enables us to drive EV adoption and economic empowerment, particularly in Tier II cities, where the growth of quick commerce is tremendous. By combining our mobility solutions with Indofast’s infrastructure, we provide reliable, cost-effective solutions to last-mile delivery partners, helping thousands of gig workers in emerging urban centres.”
