Indofast, Motovolt Partner to Expand Battery-Swapping E-Scooter Network

Indofast Energy, a joint venture between Indian Oil Corporation and SUN Mobility, has partnered with Kolkata-based electric two-wheeler manufacturer Motovolt Mobility to integrate Indofast’s battery-swapping network with Motovolt’s newly launched MVS7 electric scooter.

The alliance aims to address range anxiety, limited charging infrastructure, and the high upfront cost of batteries -  three key barriers to electric vehicle (EV) adoption in India.

[caption id="attachment_105107" align="aligncenter" width="742"] Team: Motovolt + Indofast[/caption]

“This isn't just a partnership; it’s a paradigm shift for Indian e-mobility,” said Rajat Malhan, Senior Vice President at Indofast Energy, "We are eliminating the biggest hurdles to EV adoption, offering a solution that is not only economically viable but also incredibly convenient. Our QIS battery swapping network will ensure Motovolt MVS7 users experience uninterrupted journeys and unparalleled vehicle uptime, driving their economic prosperity.”

Under the agreement, Motovolt’s MVS7 e-scooters will be compatible with Indofast’s battery-as-a-service (BaaS) platform, allowing users to swap batteries at more than 900 Indofast stations operating across 23 cities.

Deployment Targets and Expansion Plans

As part of the roll-out strategy, Motovolt plans to expand its dealership network in key metropolitan areas, including Delhi NCR, Bengaluru, Hyderabad, and Chennai and to deploy 25,000 battery-swapping MVS7 electric scooter units over the next year - 20,000 for B2B logistics and fleet operations and 5,000 for retail customers. The company is also expanding its dealership network in metro cities including Delhi NCR, Bengaluru, Hyderabad, and Chennai.

Motovolt's MVS7 is designed for high-utility use and offers a top speed of 50 km/hr, a 2.5kW peak power BLDC motor. The electric scooter offers a comfortable travel range of 80-85 km per charge. In addition, the multi-functional scooter features five riding modes (Eco, Power, Sport, Reverse, Cruise) and an IP65 display.

Indofast’s QIS (Quick Interchange Station) battery-swapping network will support operations for MVS7 users, aiming to improve vehicle uptime and reduce total cost of ownership. A lifetime battery warranty is also being offered to further enhance customer confidence.

Tushar Choudhary, Founder & CEO, Motovolt Mobility, commented on the collaboration, “We are unveiling this collaboration with our first multi-utility scooter named MVS7. Overall, this collaboration will not only strengthen EV infrastructure and leverage a pay-per-use model but also help us refine the end consumer experience significantly, as a cost-efficient and more credible alternative to traditional ICE vehicles.”

Motovolt has delivered over 32,000 EVs since its founding in 2019. So far, the company has launched a range of electric cycles, e-mopeds, and the high-speed multi-utility M7 scooter..

Indofast Energy was established as a 50:50 joint venture between IndianOil Corporation Limited (IOCL) and SUN Mobility. The firm is looking to expand its battery-swapping infrastructure across India to serve electric two-wheelers, three-wheelers, and small four-wheelers and currently manages over one million battery swaps monthly, supported by its 900+ swap stations across 23+ cities.