Indofast Energy And EVeez To Deploy 20,000 E-Bikes Across India Over Next Two Years

Indofast Energy, a joint venture of Indian Oil and Sun Mobility, is partnering with EVeez to deploy 20,000 e-bikes across Tier 1 and 2 Indian cities over the next two years. This collaboration aims to meet growing logistics needs and build a comprehensive battery-swapping ecosystem, promoting clean mobility and creating livelihood opportunities.

Indofast Energy And EVeez To Deploy 20,000 E-Bikes Across India Over Next Two Years

Battery swapping solution provider Indofast Energy, a joint venture between Indian Oil and Sun Mobility has announced its collaboration with electric mobility solutions provider EVeez to deploy about 20,000 e-bikes across the country. The information shared by the company highlights that it will deploy these EVs to cater to the growing logistics needs in the country across Tier 1 and Tier 2 cities over a duration of next two years.
Rajat Malhan, Senior Vice President, Indofast Energy, “This partnership is not just about adding more e-bikes and swapping stations - it’s about building an energy ecosystem that transforms urban logistics. By 2030, we envision a seamless, city-wide battery-swapping network that powers everything from delivery fleets to ride-hailing services, accelerating India’s journey toward net-zero emissions”.
The information shared by the company highlights that both these new energy companies have been actively promoting the adoption of clean mobility solutions in the logistics sector in the country. Sharing this update the company highlighted that under working together both these companies have been expanding the battery-swapping infrastructure across the country along with working to reduce operational costs, downtime to accelerate the adoption of EVs in the sector by increasing its accessibility and feasibility in various regions of the country. This new initiative aims to take this endeavour forward for a greener tomorrow.
Gaurav Rathore, Co-founder and CEO of EVeez said, “This strategic partnership with Indofast Energy allows EVeez to significantly accelerate our expansion into Tier II cities, where we're witnessing tremendous growth in quick commerce and delivery services. This collaborative approach enables us to overcome traditional barriers to EV adoption by offering a reliable, cost-effective solution that meets the dynamic needs of last-mile delivery partners across India”.
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