Wardwizard Innovations & Mobility , a key player in the electric vehicle (EV) industry, has announced a strategic partnership with Battery Smart to develop swappable battery technology for the EV market. This collaboration marks a significant step towards advancing EV infrastructure in India.

Advancing EV Infrastructure

The partnership between Wardwizard Innovations & Mobility and Battery Smart is set to focus on developing innovative battery swapping solutions. This technology allows EV users to quickly exchange depleted batteries for fully charged ones, potentially addressing one of the major concerns in EV adoption - charging time and range anxiety.

Swappable Battery Technology

Swappable battery technology offers several advantages for EV users:

• Reduced Charging Time: Instead of waiting for batteries to charge, users can simply swap them out in minutes.
• Extended Range: By easily exchanging batteries, EVs can potentially travel longer distances without long charging stops.
• Lower Initial Costs: Swappable batteries could potentially reduce the upfront cost of EVs by allowing batteries to be leased rather than purchased outright.

Impact on EV Market

This collaboration between Wardwizard Innovations & Mobility and Battery Smart could have far-reaching implications for the Indian EV market:

1. Accelerated Adoption: By addressing charging concerns, this technology could encourage more consumers to switch to electric vehicles.
2. Infrastructure Development: The partnership may lead to the establishment of battery swapping stations, further expanding EV infrastructure.
3. Technological Innovation: This initiative could spur further advancements in battery technology and EV design.

As the EV market in India continues to grow, partnerships like this one between Wardwizard Innovations & Mobility and Battery Smart are likely to play a crucial role in shaping the future of sustainable transportation. The development of swappable battery technology represents a significant step forward in making electric vehicles more practical and accessible for a wider range of consumers.

Wardwizard Innovations & Mobility Limited , a leading manufacturer of electric two-wheelers, has announced a groundbreaking partnership with Battery Smart, India's largest battery-swapping network. This collaboration aims to transform the electric vehicle (EV) market through innovative swappable battery technology, addressing key challenges in EV adoption.

Key Highlights of the Partnership

• Cost Reduction: The partnership introduces a 'battery-as-a-service' model, allowing customers to purchase Joy e-bikes without the battery, potentially reducing vehicle costs by 20% to 30%.
• Flexible Battery Rental: Customers can rent swappable batteries from Battery Smart on a pay-as-you-use basis, making EV ownership more accessible and cost-effective.
• Expanded Network: Battery Smart will set up its battery-swapping infrastructure across all Joy e-bike dealerships, significantly expanding its network.
• Additional Revenue Stream: Dealers and distributors will have the opportunity to install swapping stations at their locations, creating a new revenue source.

Implementation Details

• The swappable battery technology will initially be featured on Joy e-bike models such as Globe and Gen Next, with more models in development.
• The nationwide rollout is scheduled to begin in January 2026, following a phased approach.
• Battery Smart's extensive network of swapping stations is currently operational in major metros including Mumbai, Delhi, and Bengaluru.

Impact on EV Adoption

Mr. Yatin Gupte, Chairman and Managing Director of Wardwizard Innovations & Mobility Ltd., commented on the partnership: "This partnership is a game-changer for India's EV ecosystem. By decoupling the battery from the vehicle, we are tackling the two biggest barriers to EV adoption, i.e., high cost and range anxiety. This model will make Joy e-bikes more affordable while giving customers the freedom to travel farther and swap batteries effortlessly."

About the Companies

Wardwizard Innovations & Mobility Limited manufactures electric vehicles under the brand names Joy e-bike and Joy e-rik. The company has a strong presence in over 400 cities across India and offers more than 10 models in both high and low-speed categories.

Battery Smart, co-founded by IIT-Kanpur graduates Pulkit Khurana and Siddharth Sikka in 2019, has completed over 75 million battery swaps and operates 1500+ swap stations across 50+ cities in India.

This strategic partnership between Wardwizard Innovations and Battery Smart represents a significant step towards making electric mobility more accessible, affordable, and convenient for Indian consumers, potentially accelerating the adoption of electric vehicles in the country.