SUN Mobility Franchise in India (2026): A Future-Ready EV Battery Swapping Business with Massive Growth Potential

Quick Overview
| Particular | Details |
|---|---|
| Brand Name | SUN Mobility |
| Founded | 2017 |
| Headquarters | Bengaluru, Karnataka |
| Industry | EV Infrastructure & Clean Energy |
| Core Model | Battery-as-a-Service (BaaS) |
| Vehicles Supported | 2W, 3W, e-Rickshaws, Buses |
| Franchise Type | Battery Swap Station / Partner Model |
| Strategic Partner | IndianOil (50:50 Joint Venture) |
| Minimum Investment | ₹30 Lakhs |
| Minimum Space | 300 sq. ft. |
| Daily Operations | Minimum 16 hours access |
Table of Contents
Introduction
India’s EV market is growing fast, but charging delays, battery ownership cost, and range anxiety still slow down adoption—especially for commercial vehicles.
SUN Mobility solves this problem with a smart battery swapping ecosystem where EV users can swap a discharged battery for a fully charged one in just minutes.
With a strong IndianOil partnership, proven technology, and large-scale deployment already underway, the SUN Mobility franchise in India (2026) offers entrepreneurs a future-proof EV infrastructure business rather than a short-term trend.
Why Choose SUN Mobility Franchise?
1. Operating in a High-Growth EV Infrastructure Segment
Battery swapping is emerging as the preferred energy solution for:
- Electric two-wheelers
- Three-wheelers
- Delivery & logistics fleets
SUN Mobility operates at the infrastructure layer of EV adoption, where demand grows automatically as EV numbers rise.
2. Proven Battery-as-a-Service (BaaS) Model
SUN Mobility’s BaaS model removes:
- High battery purchase cost
- Long charging time
- Maintenance complexity
Customers pay only for energy used—creating recurring, usage-based revenue for franchise partners.
3. Powerful IndianOil Joint Venture
SUN Mobility has formed a 50:50 joint venture with IndianOil, India’s largest fuel retailer.
JV Highlights:
- Target of 10,000+ battery swap stations
- Presence across 40+ Indian cities
- Access to 37,000+ IndianOil fuel stations
- Nationwide Battery-as-a-Service network
This partnership significantly reduces expansion risk for franchise partners.
4. Scalable & Space-Efficient Model
With minimum space requirement of just 300 sq. ft., swap stations can be deployed in:
- Fuel stations
- Parking areas
- Commercial hubs
- Fleet depots
This makes the model ideal even in dense urban locations.
Founder & Leadership – Visionaries Behind SUN Mobility
SUN Mobility was co-founded in 2017 by Chetan Maini, Uday Khemka, and Ajay Goel as a joint venture between the Maini Group and the SUN Group.
🔹 Founder Profiles
Chetan Maini – Co-Founder & Chairman
- 25+ years in the EV industry
- Creator of India’s first electric car (REVA, 1999)
- Holds 30+ global patents in EV energy management
- A pioneer of India’s electric mobility ecosystem
Uday Khemka – Co-Founder & Vice-Chairman
- Vice-Chairman, SUN Group
- Expert in clean energy & sustainable investments
- Provides global scaling and capital expertise
Ajay Goel – Co-Founder & Executive Director
- Leads strategic planning and execution
This leadership gives SUN Mobility rare depth in technology, policy, and execution.
Company Profile – What Is SUN Mobility?
SUN Mobility operates in the Battery-as-a-Service (BaaS) segment using:
- IoT-enabled smart batteries
- Modular battery swap stations
- Open-architecture platform supporting multiple OEMs
What Makes SUN Mobility Different?
- Interoperable across 2W, 3W, buses
- Rapid swaps in minutes
- Centralized monitoring & analytics
- Designed for commercial scale and fleets
SUN Mobility × IndianOil Partnership (Game-Changing Scale)
Current Scale (India)
- 25,000+ EVs supported
- 20+ cities
- 630+ active swap stations
- 50,000+ smart batteries
- 1 million+ swaps per month
JV Vision (By 2030)
- 10,000+ swap stations
- 1+ million customers
- Nationwide BaaS availability
This partnership aims to make battery swapping as accessible as fuel stations.
How SUN Mobility Battery Swapping Works
Short Description:
This video demonstrates SUN Mobility’s quick and efficient battery swapping process, where an electric vehicle replaces a discharged battery with a fully charged one in just a few minutes—highlighting how the Battery-as-a-Service (BaaS) model reduces charging time, range anxiety, and operational downtime for EV users.
Video Credit:
🎬 Source: SUN Mobility Official YouTube Channel
Research Insights – Why This Business Works
- 2W & 3W dominate India’s EV adoption
- Battery accounts for ~40% of EV cost → BaaS solves this
- Fleet operators prefer swapping over charging
- Government policies support shared & commercial EVs
Battery swapping is becoming essential EV infrastructure, not optional.
Investment, Space & Operations
⚠️ Figures are indicative. Actual investment and returns depend on city, location, and utilization.
Investment Details
| Component | Requirement |
|---|---|
| Minimum Investment | ₹30 Lakhs |
| Infrastructure & Equipment | Included |
| Electrical & Civil Work | Location dependent |
| Working Capital | As per scale |
Space Requirement
| Criteria | Requirement |
|---|---|
| Minimum Space | 300 sq. ft. |
| Preferred Location | Ground floor |
| Accessibility | Easy EV entry & exit |
Operational Requirement
| Factor | Requirement |
|---|---|
| Daily Customer Access | Minimum 16 hours |
| Power Supply | Stable electricity |
| Staffing | Basic on-site supervision |
This ensures high utilization from fleets and delivery operators.
Franchise / Partner Models Available
- Swap Point Partner (host station)
- Fleet-focused swap hubs
- Fuel station integration
- Commercial property partnerships
Model finalized after site feasibility evaluation.
Also Read: ThunderPlus Franchise
Eligibility Criteria
- Individual / MSME / Company
- Own or lease suitable location
- Minimum ₹30L investment capacity
- Willingness to follow SOPs
- Interest in EV & clean energy
Documents Required
- ID & address proof
- Business registration
- GST (if applicable)
- Property ownership / lease papers
- Bank statements
- Site layout & photos
How to Apply
Official Franchise Page
👉 https://www.sunmobility.com/franchisee.html
Application Process
- Submit online enquiry
- Share location & investment details
- Technical & commercial evaluation
- Agreement signing
- Station deployment
Customer & Fleet Insights
In addition to how-to videos, public demonstrations (such as at transport expos and pilot sites) illustrate the vibrant ecosystem around battery swapping:
- EV drivers in cities like Chandigarh have shared positive feedback on the convenience and time savings enabled by battery swapping — reinforcing its appeal to everyday users.
- Demonstrations at major events (e.g., Prawaas 4.0) showcase how even electric buses can be serviced using modular swap solutions in under three minutes, pointing to heavy vehicle potential beyond 2W/3W segments.
These real use cases show that SUN Mobility’s network is more than a concept — it’s a practical service with growing adoption, offering partners a glimpse into customer behaviors and expectations.
Best Cities & Locations to Open Swap Stations
High-Potential Cities
- Bengaluru
- Delhi-NCR
- Hyderabad
- Pune
- Chennai
- Mumbai
- Ahmedabad
Ideal Locations
- IndianOil fuel stations
- Metro & bus depots
- Logistics & delivery hubs
- Commercial parking zones
Future Outlook (2026 & Beyond)
- Battery swapping to become mainstream for 2W & 3W
- 10,000+ stations targeted by 2030
- Expansion into global markets
- Rising demand from logistics & gig economy
SUN Mobility is positioned as a long-term EV energy backbone.
Conclusion
The SUN Mobility Franchise in India (2026) offers a rare infrastructure-level EV business opportunity, backed by:
- Proven battery swapping technology
- Visionary EV leadership
- IndianOil joint venture
- Recurring revenue model
For entrepreneurs seeking a future-proof, scalable, and sustainable business, SUN Mobility stands out as a high-impact clean energy opportunity.
Frequently Asked Questions(FAQs)
1. Is SUN Mobility franchise profitable in India?
Ans: Profitability depends on utilization, location, and fleet partnerships. High-traffic stations can generate stable recurring revenue.
2. What is the minimum investment required?
Ans: The minimum investment starts at ₹30 lakhs.
3. How much space is required?
Ans: A minimum of 300 sq. ft. is required.
4. Is prior EV experience needed?
Ans: No. Training and technical support are provided.
5. How long does setup take?
Ans: Typically a few weeks after approvals and site readiness.






