
Sign up to save your podcasts
Or
For quick delivery apps like Zomato and Zepto that are often questioned for their carbon footprint, switching to electric vehicle or EV fleets is not just a matter of being environmentally conscious, it is also economically more feasible.
But here’s the thing. While takes about four hours to charge an electric scooter from zero to full using a slow charger and approximately 15 minutes for a fast charger, battery swapping which literally takes two mins.
Which is why delivery company drivers for whom speed means money, battery swapping is a better option than charging. Quick commerce companies have understood this and they’re partnering with these companies. For example, Zomato and Zepto have both partnered with Battery Smart, a Delhi-based network of battery-swapping stations for EVs.
Plus, this comes at a great time because these battery swapping companies are attracting a lot of VC money despite the general VC funding crunch lately. And VCs are loving the fact that quick commerce giants are tying up with these battery swapping companies.
So, you’d think that that government must be doing everything it can to give battery-swapping service providers support to expand right?
Turns out, that is not really the case.
Tune in.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
5
99 ratings
For quick delivery apps like Zomato and Zepto that are often questioned for their carbon footprint, switching to electric vehicle or EV fleets is not just a matter of being environmentally conscious, it is also economically more feasible.
But here’s the thing. While takes about four hours to charge an electric scooter from zero to full using a slow charger and approximately 15 minutes for a fast charger, battery swapping which literally takes two mins.
Which is why delivery company drivers for whom speed means money, battery swapping is a better option than charging. Quick commerce companies have understood this and they’re partnering with these companies. For example, Zomato and Zepto have both partnered with Battery Smart, a Delhi-based network of battery-swapping stations for EVs.
Plus, this comes at a great time because these battery swapping companies are attracting a lot of VC money despite the general VC funding crunch lately. And VCs are loving the fact that quick commerce giants are tying up with these battery swapping companies.
So, you’d think that that government must be doing everything it can to give battery-swapping service providers support to expand right?
Turns out, that is not really the case.
Tune in.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
155 Listeners
14 Listeners
56 Listeners
58 Listeners
86 Listeners
97 Listeners
44 Listeners
27 Listeners
4 Listeners
9 Listeners
15 Listeners
12 Listeners
87 Listeners
8 Listeners
84 Listeners
0 Listeners
13 Listeners
4 Listeners
0 Listeners
0 Listeners
0 Listeners