Indofast Energy, a leading battery swapping solutions provider, has partnered with Nexus Select Malls, India’s first Retail REIT, to introduce the country’s first battery swapping stations inside shopping malls. The collaboration marks a significant step toward integrating sustainable electric mobility with everyday urban infrastructure.
First-of-Its-Kind Deployment in Bengaluru
The partnership has debuted with the inauguration of Quick Interchange Stations (QIS) at Nexus Shantiniketan and Nexus Whitefield in Bengaluru. This is the first instance of battery swapping infrastructure being introduced within Nexus Select Malls’ portfolio. Following the Bengaluru launch, the initiative will be expanded across key cities, including Chandigarh, Delhi NCR, Hyderabad, and Pune.
By embedding battery swapping facilities within high-footfall retail destinations, the collaboration aims to deliver faster and more accessible EV energy solutions for commuters, gig workers, delivery partners, and fleet operators, while seamlessly integrating clean mobility into routine consumer journeys.
Driving Urban EV Adoption
Commenting 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 allows EV users to replace depleted batteries within minutes, eliminating long charging times and reducing range anxiety. The system supports multiple vehicle types on a common battery platform, making it especially effective for electric two-wheelers and three-wheelers operating in dense urban environments.
Sustainability at the Core of Retail Spaces
Nilesh Singh, Senior Vice President – ESG & Business Excellence, Nexus Select Malls, 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.”
Scaling Battery-as-a-Service
The collaboration strengthens Indofast Energy’s Battery-as-a-Service (BaaS) model by integrating EV infrastructure into everyday consumer touchpoints. It also aligns with the company’s ambition to deploy 10,000 battery swapping stations across more than 40 Indian cities over the next three years, supporting India’s transition toward sustainable and efficient urban mobility.
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