Zypp Electric To Expand EV Fleet With 100,000 Vehicles, Partners With Indofast Energy

Zypp Electric has announced plans to expand its electric two-wheeler (E2W) fleet by 100,000 vehicles over the next 12-18 months. The initiative is part of the company's goal to transition entirely to electric mobility by 2028. The deployment will take place in key cities, supported by Indofast Energy's battery-swapping infrastructure.

Keshav Rajput

Updated Feb 21, 2025, 12:51 PM IST

Zypp Electric, a tech-enabled EV-as-a-service platform, entered into a partnership with Indofast Energy (A 50-50 joint venture between IndianOil and SUN Mobility), to upscale last-mile logistics with a major expansion plan. The company has announced to deploy 100,000 electric two-wheelers (E2Ws) over the next 12-18 months.

This landmark procurement builds upon the successful deployment of 10,000+ EVs by Zypp Electric with Indofast Energy’s battery swapping infrastructure. With Indofast Energy’s extensive network, this expansion will ensure seamless operations and accelerate large-scale EV adoption across the target cities.

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Zypp Electric targets of achieve 100% electrification by 2028. The expanded fleet is expected to help the company achieve a fivefold growth, scaling from 20,000 to 100,000 vehicles within the next 12 to 18 months and further 500,000 vehicles in the following 36 to 48 months.

The new fleet of 100,000 E2Ws will be deployed across India’s top eight cities, including Delhi NCR, Mumbai, Bengaluru, Hyderabad, Pune, Lucknow & Jaipur upscaling efficiency for delivery partners and enterprises.

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Indofast Energy’s battery swapping network, will help riders gain unlimited range and near-zero downtime. Their rapid 60 second battery swap eliminates long charging waits, keeping delivery partners and EV users on the move. In Delhi NCR and Bangalore, Indofast Energy has an extensive network of swap stations strategically placed every 1.5 kms.

In the future Indofast Energy aims to serve over a million EV users and is expected to scale up to 10,000 battery-swapping stations across 50+ cities within the next three years.

Zypp Electric To Expand EV Fleet With 100,000 Vehicles, Partners With Indofast Energy

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