- Indofast Energy
- Nexus Select Malls
- Quick Interchange Stations
- Anant Badjatya
- Nilesh Singh
- Battery Swapping
Indofast Energy Partners Nexus Select Malls To Expand Battery Swapping Stations
- By MT Bureau
- January 19, 2026
Bengaluru-based clean tech company Indofast Energy has partnered Nexus Select Malls to introduce battery swapping stations within shopping mall premises. The initiative has commenced with the inauguration of Quick Interchange Stations (QIS) at Nexus Shantiniketan and Nexus Whitefield in Bengaluru.
This marks the first time such infrastructure has been integrated into the portfolio of India’s first Retail REIT. The partnership is designed to provide energy solutions for commuters, delivery partners and fleet operators by utilising high-footfall retail destinations.
Following the Bengaluru launch, the companies plan to expand the network to other cities, including Delhi NCR, Chandigarh, Hyderabad and Pune. The technology allows users of electric two-wheelers and three-wheelers to replace depleted batteries in minutes, addressing requirements for the last-mile delivery sector.
The swapping stations utilise an automated platform that supports multiple vehicle types. By placing these stations in malls, the companies intend to make electric vehicle (EV) charging as accessible as traditional retail services. The project aligns with broader efforts to embed sustainable mobility into urban infrastructure and reduce the time vehicles spend at stationary charging points.
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.”
Nilesh Singh, Senior V-P, ESG & Business Excellence, Nexus Select Malls, added, “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.”
Nawgati Launches Aaveg Pro Fuel Retail Platform At PDAP AGM 2026
- By MT Bureau
- March 23, 2026
Nawgati has announced the launch of Aaveg Pro, an integrated operations platform for petroleum dealers, at the Petrol Dealers Association Pune (PDAP) Annual General Meeting. The system is designed to digitise fuel station management within the Indian retail ecosystem.
Aaveg Pro serves as a digital operating system to replace manual workflows in fuel retail. The platform consolidates several critical station functions into a single interface:
- Sales and Inventory: Features include shift-level nozzle reconciliation, live inventory tracking and stock variation control.
- Financial Accounting: The system supports VAT, GST, cess and surcharge handling to maintain audit-ready records and real-time balance sheet visibility.
- Fleet and Credit Management: Dealers can manage digital fleet contracts, consolidated invoicing and credit risk monitoring.
The platform is designed to integrate with existing station infrastructure, such as dispensers, CCTV systems, fuel storage compressors and vehicle-tracking systems, to provide operational oversight.
Vaibhav Kaushik, Co-Founder & CEO, Nawgati, said, “The launch of Aaveg Pro reflects our continued commitment to building solutions that solve real operational challenges for fuel dealers. Fuel retail in India still relies heavily on fragmented and manual workflows across accounting, stock monitoring, reconciliation, and customer credit management. With Aaveg Pro, we are bringing these critical functions onto one integrated platform so that dealers can operate with greater visibility, control, and efficiency.”
Aalaap Nair, Co-Founder, Nawgati, said, “Aaveg Pro has been built specifically for the day-to-day realities of fuel retail operations in India. From shift-level reconciliation and stock tracking to consolidated fleet invoicing and live financial reporting, the platform is designed to reduce complexity and improve decision-making at the station level. Our goal is to help dealers move away from manual processes and adopt a smarter, more scalable way of running their businesses.”
Mahindra’s Charge_iN Partners HPCL To Expand EV Charging Network
- By MT Bureau
- March 20, 2026
Charge_iN by Mahindra and Hindustan Petroleum Corporation (HPCL) have signed a strategic agreement to develop electric vehicle (EV) charging infrastructure at HPCL retail outlets across India. The collaboration aims to utilise HPCL’s national fuel station network to increase the availability of public charging points for electric four-wheelers.
HPCL currently operates over 24,400 retail outlets and has installed more than 5,400 charging stations under its HP e-Charge brand. The new stations established through this partnership will exclusively feature 180 kW dual gun chargers, designed for high-speed charging.
The deployment is intended to support the transition to green transportation in India, currently the third-largest automotive market globally. The agreement focuses on building an ultrafast charging network to improve reliability and reduce charging times for EV users.
The partnership aligns with the government's objective of strengthening public EV infrastructure. By integrating chargers into existing fuel stations, the companies aim to provide a platform for nationwide expansion and seamless access for drivers.
Bijliride Announces Expansion To 25 Cities Via Franchise Model
- By MT Bureau
- March 20, 2026
Electric mobility startup Bijliride has detailed plans to expand its franchise network to more than 25 Indian cities. Operating under a Franchise Owned–Franchise Operated (FOFO) model, the company aims to onboard 30 franchise partners by March 2027 and scale its fleet to between 10,000 and 15,000 electric two-wheelers within the next 18 months.
The expansion the startup claims is projected to drive 150 percent growth in fleet operations. Bijliride has identified several urban mobility markets for this phase, including:
- Tier 1 Cities: Mumbai, Delhi NCR, Bengaluru, Chennai, and Kolkata.
- Emerging Hubs: Hyderabad clusters, Jaipur, Patna, Lucknow, Ahmedabad, and Kochi.
- Logistics Centres: Nagpur, Indore, Surat, and Visakhapatnam.
The strategy targets demand from logistics operators, gig economy platforms and urban commuters.
Under the FOFO structure, local partners own and manage the fleets while Bijliride provides the technology infrastructure. This includes real-time vehicle tracking, battery management protocols, and rental management systems.
The partners have to commit to a minimum of 50 electric two-wheelers to begin with, an initial investment of around INR 1.4-1.6 million, with a projected breakeven in approximately 15 months under stable fleet utilisation. The startup also assists partners with driver onboarding and connects fleets with demand from local delivery businesses and gig platforms.
Shivam Sisodiya, CEO and Co-Founder, Bijliride, said, “Electric mobility demand in India is growing rapidly, particularly among gig workers and last-mile delivery operators. At this stage, our focus is disciplined scale. The FOFO model allows us to grow responsibly by partnering with local entrepreneurs who understand their markets while leveraging our technology platform and operational systems. This structure enables us to expand faster while ensuring fleets are managed efficiently on the ground.”
- Donut Lab
- battery
- EV
- solid-state
- production
- vehicles
- measured
- independent
- testing
- conditions
- supercapacitor
Donut Battery’s Test Results Highlight It As A Battery And Not A Supercapacitor
- By MT Bureau
- March 20, 2026
It’s been sometime that Donut Lab has been working on producing a battery that will address the challenging needs of EVs better than other batteries have been able to do. Claiming to be the world’s first solid-state battery ready for production vehicles measured in independent testing conditions, the company has released its third test result that dispels any suspicions that the battery would be a supercapacitor rather than a battery.
The results measure the properties of its solid-state battery, evaluating its ability to retain charge when not in use. Available for download on its site, the third and most recent test follows two other tests that looked at charging speed (the test was conducted by Technology Re) using two passive cooling configurations and evaluation of capacity performance of the battery cell in hot conditions (by the VTT Technical Research Centre of Finland).
The test measuring the battery’s ability to retain charge even when not in use was carried out using a simple research setup. It was connected at room temperature to the research laboratory’s battery tester, which repeatedly measured the cell voltage every 10 seconds. Like the previous test that measured battery performance at very high temperatures, this test also began with a 1C capacity test, demonstrating that the cell was precisely the same as the other test examples.
After the capacity test, the battery cell was charged to approximately 50 percent charge and left connected to the battery tester for ten days. The cell was then discharged to measure the remaining energy capacity. The results show that the battery cell voltage stabilises during the first 10 hours after charging. Over the next nine or so days, the voltage curve continues to stabilise. A capacity test at the end of the test period confirmed that the voltage drop corresponds to the amount of energy in watt-hours.
The Donut Battery behaved in the test exactly as a battery should. If the test had been performed with a supercapacitor, the charge would have fallen linearly much faster during the same time period.
“Since we unveiled the Donut Battery, there has been a lot of speculation and theories about whether it is a supercapacitor. In all its simplicity, this test proves that it is a battery. Supercapacitors charge and discharge quickly, but they also lose their charge quickly when not in use. The Donut Battery behaves like a battery and can maintain a charge for significantly longer,” confirmed Ville Piippo, CTO, Donut Lab.
After the third test mentioned above, Donut Lab has carried out a special test to measure battery performance in a battery pack using the Verge TS Pro motorcycle that charges in less than ten minutes, making it the world's fastest-charging electric motorcycle.

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