Sun Mobility

Opportunity
SUN Mobility is a global market leader and pioneer in battery swapping for e-mobility, with a unique OEM-agnostic technology operating across 2-wheelers, 3-wheelers, and heavy electric vehicles. The company’s Battery-as-a-Service (BaaS) model decouples battery ownership from vehicles. It thereby reduces upfront costs, charging times and offers competitive cost of ownership to the end-customer compared to other e-mobility business models and particularly compared to internal combustion engine (ICE) vehicles. Sun Mobility is operating at scale across India, with 1000+ charging stations and 55k+ vehicles on its network, through strategic partnerships with OEMs, fleet operators, and energy providers, such as Indian Oil and Vivo Energy.