Bengaluru, Jan 19: Indofast Energy, India’s leading battery-swapping solutions provider, has partnered with Nexus Select Malls, India’s first Retail REIT, to launch the first battery swapping stations inside shopping malls, marking a significant milestone in integrating sustainable mobility with everyday urban infrastructure
The partnership debuts with the inauguration of Quick Interchange Stations (QIS) at two locations, Nexus Shantiniketan and Nexus Whitefield in Bengaluru, making this the first battery swapping infrastructure introduced at Nexus Select Malls. The initiative will be scaled across key cities including Chandigarh, Delhi NCR, Hyderabad and Pune.
By embedding battery swapping within high-footfall retail destinations, the collaboration enables faster, more accessible EV energy solutions for commuters, gig workers, delivery partners and fleet operators, while seamlessly integrating clean mobility into daily consumer journeys.
Speaking on the partnership, Anant Badjatya, CEO, Indofast Energy, said “Our collaboration with Nexus Select Malls represents a paradigm shift in how urban infrastructure can support the rapid adoption of electric vehicles. By integrating our state-of-the-art battery swapping technology directly into high-footfall retail destinations, we are not just providing convenience; we are creating an ecosystem where electric mobility becomes an effortless and integral part of daily life for millions of shoppers and commuters, and especially the thriving last-mile delivery ecosystem. We are incredibly proud to be Nexus Select Malls’ first battery swapping partner and look forward to a successful, rapid expansion across their extensive network. This partnership underscores our commitment to making battery swapping the default choice for urban transportation and accelerating India’s transition to sustainable mobility.”
Indofast Energy’s automated battery swapping technology enables EV users to replace depleted batteries within minutes, eliminating long charging times and range anxiety. The solution supports multiple vehicle types on a common battery platform, making it particularly impactful for electric two-wheelers and three-wheelers operating in dense urban environments.
Nilesh Singh, Sr.VP, ESG & Business Excellence, Nexus Select Mall said “As India’s first Retail REIT, Nexus Select Malls is committed to reimagining malls as future-ready urban ecosystems. Introducing battery swapping stations for the first time across our portfolio is a meaningful step in embedding sustainability into everyday consumer spaces. This initiative supports cleaner last-mile mobility while making greener choices visible, accessible and practical for millions of visitors who engage with our malls every day.”
The collaboration reinforces Indofast Energy’s Battery-as-a-Service (BaaS) model by integrating EV infrastructure into everyday consumer touchpoints and aligns with the company’s ambition to deploy 10,000 battery swapping stations across 40+ Indian cities over the next three years, accelerating India’s transition to sustainable urban mobility.
