Oye! Rickshaw launches battery swapping platform

New Delhi: Electric mobility start-up Oye! Rickshaw on Wednesday announced the launch of its battery swapping platform targeting to deploy 10,000 lithium-ion batteries by the end of this year.

The company, which started a battery swapping pilot project in December 2020, said it has crossed one lakh swap kilometres in under three months. Commenting on the launch of the platform, Oye! Rickshaw Founder Mohit Sharma said, "By introducing swapping, we are significantly reducing downtime of our e-rickshaws and thus adding more commute hours for customers and more money into the pockets of our driver partners.

This marks the beginning of a journey towards becoming a major connected electric vehicle player focused on mass micro mobility." According to the company, swapping leads to zero down-time for the rickshaws as opposed to 8-10 hrs daily downtime with traditional charging, meaning more monetisable hours.