RACE Energy: battery swapping in India
Reviewed by the EVz Editorial Team · as of 2024 · how we verify
A vertically integrated, Hyderabad-centric player focused on retrofitted e-autos (3W), claiming a driver is within ~3 km of a station across half the city. Expanding into 2W.
| Founded | 2018 |
|---|---|
| Swap stations | not disclosed (Hyderabad ~100-station plan; total not disclosed) |
| Cities | Hyderabad (primary), Tirupati pilot |
| Vehicles | 3-wheelers & 2-wheelers |
| Lifetime swaps | ~30,000/month (Hyderabad) |
| Swap time | ~2 min |
| Pricing | BaaS; consumer price points not publicly disclosed |
| Compatibility | Own retrofit kits + battery packs; HPCL / NREDCAP for station sites |
| Data confidence | Low - data may be stale, confirm with the operator |
Is RACE Energy worth it versus charging at home?
That depends on how far you ride. Swapping trades a higher per-km tariff for zero charging wait, no upfront battery cost, and no degradation risk - which pays off for high-km gig and commercial 3-wheelers & 2-wheelers. Model your own numbers on the swap-vs-own cost calculator.
FAQ
How many battery-swapping stations does RACE Energy have?
RACE Energy's exact station count is not publicly confirmed (Hyderabad ~100-station plan; total not disclosed). It operates across Hyderabad (primary), Tirupati pilot.
What does RACE Energy cost?
RACE Energy does not publish consumer swap tariffs (BaaS; consumer price points not publicly disclosed). Ask the operator or a partnered dealer for current pricing.
Which vehicles work with RACE Energy?
RACE Energy serves 3-wheelers & 2-wheelers. Own retrofit kits + battery packs; HPCL / NREDCAP for station sites. Swapping only works with vehicles built for the network's pack, so confirm your model is compatible.
Station counts and pricing in this sector move fast and are often fleet/B2B. Figures as of 2024. Source: press report, secondary. Confirm current details with the operator before you commit.