Estimated Reading Time: 1 minutes
Mooving, a Gurugram-based battery exchange provider, has partnered up with Park+, a parking solution platform, to open over 2,000 stations for battery swapping in Delhi NCR, Mumbai, and Bengaluru.
By allowing users to swap out their old batteries for newer ones in a matter of minutes, battery swapping stations can help accelerate the adoption rate of EVs in India.
Park+ with its strong real estate footprint, Mooving, and existing EV zones, together with its battery-swapping technology, aims to increase EV adoption in India, according to the agreement.
Tanvir Singh, Co-founder, Mooving, said, “We are excited to announce our new partnership with Park+, on the back of their EV Zones – Powered by Mooving. We look to build a dense battery-swapping network with the capacity to cater to over 2,00,000 customers by FY25. We believe that this alliance will revolutionize India’s quickly growing EV market.”
Amit Lakhotia, Founder & CEO, Park+, said “Mooving and Park+ users will now be able to discover these Park+ EV zones and swap their discharged batteries with fresh ones in under two minutes. Additionally, we also aim to activate over 10,000 Park+ EV Zones across India, in the next 15 months, to make EV charging accessible and hassle-free.”