RACEnergy is building India’s largest and smartest battery swapping station network addressing 3-wheelers and 2-wheelers. We also convert existing auto-rickshaws to electric to bring them onto our swapping platform. By doing this, we address both the demand and supply sides of the EV chicken-or-egg problem.
Our conversion solution costs $700 (₹50,000) for the driver & once converted, drivers can swap their discharged batteries with fully charged ones in under 2 minutes. The operational expenditure of the driver also drops by 50%.
RACEnergy was founded by Arun and Gautham in 2018, who are the alumni of BITS Pilani.