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India

Indofast Energy, India plans to deploy 3,500 swap stations to support two- and three-wheelers

On May 5, Indofast Energy updated that it closed FY 2026 with its battery-swapping network surpassing 1,600 stations across 23 cities, onboarding over 90,000 vehicles (mainly two- and three-wheelers), and forging partnerships with 32 makers. During FY 2026 (ending March), it added OEM and mobility partnerships with M....

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