Hedhvick Hirav
Hedhvick Hirav is a dedicated EV researcher and editor with over 4 years of experience in India’s growing electric vehicle ecosystem. Their contributions have been recognized in leading sustainability publications and automotive journals.
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NEW DELHI, Nov 28 —
BatteryPool gets ₹80M boost to grow EV battery rentals
Electric vehicles (EVs) are getting quite popular in India these days, but charging and battery issues still worry many people. Now, BatteryPool, a Pune-based startup, has raised ₹80 million to expand its battery rental services. Let us see what this means for everyday users and the Indian EV scene.
1. What Is BatteryPool And What Do They Do?
BatteryPool is a company from Pune that rents out batteries for electric vehicles. Instead of buying expensive batteries, people and businesses can just rent them as needed. This is called a “pay-as-you-go” model.
Their focus is mainly on businesses that use e-rickshaws, two-wheelers, and three-wheelers for deliveries and transport. By renting batteries, these businesses can avoid the high upfront cost of buying EV batteries, which can be almost 40% of an EV’s price.
2. Why Is This ₹80 Million Funding Important?
Raising ₹80 million (about $960,000) is a big deal for a startup like BatteryPool. Investors see potential in the Indian EV market, especially in battery swapping and rental models.
With this money, BatteryPool plans to set up more battery swapping stations and expand its network in cities like Pune, Bangalore, and Hyderabad. This means more people and businesses will get access to affordable and convenient EV batteries.
3. How Does Battery Rental Work, And Why Is It Useful?
Battery rental is simple. Instead of buying a battery, you rent it for a certain period and pay only for what you use. If the battery runs out, you can swap it at a nearby station in just a few minutes.
This system is already popular in countries like China, where battery swapping helped push EV adoption. In India, this can solve the problem of long charging times and shortage of charging points, especially for delivery agents, gig workers, and small businesses.
4. What Does This Mean For Ordinary People?
For most people, buying an electric vehicle can be expensive because the battery itself costs a lot. BatteryPool’s rental model can make EVs cheaper and more practical, especially for those who use their two-wheelers or e-rickshaws for work.
Now, gig workers, delivery agents, and small shop owners do not have to worry about battery costs, maintenance, or even charging. They just swap and go. This can save both time and money in the long run. Plus, it means more income for people in the delivery business.
5. How Big Is The EV Battery Rental Market In India?
According to NITI Aayog, India’s EV market is set to reach 10 million annual sales by 2030, with most sales coming from two-wheelers and three-wheelers. Battery swapping is expected to play a major role, especially in cities.
A recent government notification also mentioned plans for a national battery swapping policy to encourage such models. Experts estimate that the battery swapping market in India could be worth over ₹6,000 crore by 2027.
6. Is BatteryPool The Only Player In The Market?
Not at all! There are other companies like Sun Mobility, Ola Electric, and Bounce Infinity also working on battery swapping and rental models. But BatteryPool is among the few focusing on small businesses and local fleets.
With fresh funding, they can compete better and add more stations, which means more choices for users. Healthy competition can also bring down prices and improve service quality for everyone.
7. What Are The Challenges And Future Plans?
Of course, there are some challenges. Setting up battery swapping stations needs space, permissions, and investment. Also, there must be a standardized battery size so that one battery can fit many vehicles.
BatteryPool says they will use the new funds to improve technology, grow their team, and partner with more fleet operators. If this model works, India could quickly catch up with countries like China and Taiwan, where battery swapping is already a daily routine for many.
So, if you are thinking about switching to an EV or are a delivery person tired of charging problems, services like BatteryPool might make life easier very soon. With more such startups and government support, India’s EV journey is just getting charged up!
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- Publishing domain: google.com
- Published date: 2025-11-28T11:44:20+05:30
- Original URL: Read original (news.google.com/rss/articles/CBMiugFBVV95cUxOb2MyTVF6RUoxaE5vVk1jQTFHLVdoU… …)
Editorial Check
- Originality: 40 / 100 — The story appears to be a standard funding announcement with little unique analysis.
- Helpfulness: 60 / 100 — The article is useful for readers interested in EV infrastructure developments in India, but lacks detailed insights.
