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Strategic alliance brings together Motovolt’s high-utility electric scooter with Indofast’s battery- swapping network, advancing EV accessibility and affordability
Bengaluru, 30th June, 2025 – Indofast Energy, a 50:50 joint venture between Indian Oil Corporation and SUN Mobility, has partnered with Motovolt Mobility, a leading e-mobility innovator. This strategic alliance combines Indofast’s expansive battery-swapping network with Motovolt’s multi-utility MVS7 electric scooter to eliminate range anxiety, battery concerns, and high upfront costs. The collaboration marks a significant step toward cost-efficient, convenient, and worry-free EV adoption for commuters and businesses across the country.
For far too long, the journey to electric mobility has been hampered by concerns over range anxiety, limited charging infrastructure, and the high upfront cost of batteries. This alliance directly confronts these challenges, offering a compelling solution that empowers both individual commuters and businesses. By decoupling the battery cost from the vehicle purchase through BaaS (Battery As A Service), Motovolt’s high-quality, agile MVS7 electric scooter becomes significantly more affordable, making EV ownership a tangible reality for millions.
“This isn’t just a partnership; it’s a paradigm shift for Indian e-mobility,” said Rajat Malhan, Senior Vice President at Indofast Energy, “We are eliminating the biggest hurdles to EV adoption, offering a solution that is not only economically viable but also incredibly convenient. Our QIS battery swapping network will ensure Motovolt MVS7 users experience uninterrupted journeys and unparalleled vehicle uptime, driving their economic prosperity.”
Motovolt’s MVS7, India’s first multi-utility e-scooter, is a testament to innovative design, built to tackle diverse urban needs. With a top speed of 50 km/hr, a robust 2.5kW peak power BLDC motor delivering 120 Nm of torque, and a travel range of 80-85 km per charge, the MVS7 is engineered for performance and versatility. Its unique multi-functional, double-cradle steel frame, combined with 150 litres of open storage and a 150 kg payload capacity, positions it as an ideal companion for both personal commuting and last-mile logistics. The scooter features five riding modes (Eco, Power, Sport, Reverse, Cruise) and an IP65 display, ensuring a dynamic and informed riding experience.
Tushar Choudhary, Founder & CEO, Motovolt Mobility, commented on the collaboration, “As a domestic OEM dedicated to transforming mobility, we are excited to join hands with Indofast as a step towards green mobility. Since our inception, we have focused on developing vehicles that are high on utility and an asset for the consumer. We are unveiling this collaboration with our first multi-utility scooter named MVS7. Overall, this collaboration will not only strengthen EV infrastructure and leverage a pay-per-use model but also help us refine the end consumer experience significantly, as a cost-efficient and more credible alternative to traditional ICE vehicles.”
This alliance is set to accelerate the transition to sustainable transportation across India. To support this ambitious vision, Motovolt is expanding its dealership network in key metropolitan areas, including Delhi NCR, Bengaluru, Hyderabad, and Chennai. Over the next 12 months, the partnership aims for significant market penetration, targeting the sale of approximately 20,000 units of the MVS7 in the B2B sector and 5,000 units in the B2C segment. This strategic initiative will not only enhance vehicle uptime and reduce the total cost of ownership but also offer a lifetime battery warranty for end-users, ensuring complete peace of mind.
This collaboration between Indofast Energy and Motovolt Mobility is a powerful declaration of intent: to make electric mobility affordable, reliable, and truly ubiquitous across India, one swappable battery and multi-utility scooter at a time.
