Top 10 battery swapping manufacturers in Southeast Asia
This article will mainly explore the top 10 battery swapping manufacturers in Southeast Asia including rydeEV, Blueshark, Oyika Selex Motors , SUN Mobility, Swap, Pertamina, Go-Jek, ETRAN.
The market analysis and scale of battery swapping in Southeast Asia
According to statistics, from 2023 to 2030, the battery swapping market in Southeast Asia is expected to expand rapidly at a compound annual growth rate of 44.23%, and the market value is expected to reach $12.57 million.
With poor road infrastructure and high population density in Southeast Asian countries, many people choose electric two-wheelers as their daily commute, driving widespread adoption of these vehicles. Hence, the increase in the number of electric two-wheelers in the region and the growing demand for fast charging alternatives.
On the other hand, as fuel prices rise, more people are turning to electric vehicles as an alternative to traditional fuel vehicles. However, due to the slow charging speed of most electric vehicles, the construction of battery swapping stations has become an effective way to solve the problem of timely charging, so major charging companies have invested in the construction of battery swapping infrastructure to meet market demand.
rydeEV is a business of Yinson GreenTech focused on providing innovative and sustainable micromobility solutions.
rydeEV’s range of micro mobility products includes electric scooters and scooters equipped with advanced battery swapping technology.
Using a battery-as-a-service model, rydeEV allows users to access recharged batteries from a wide range of swapping stations at any time, providing great convenience for people who are often on the road.
Blueshark (Malaysia), a subsidiary of Sharkgulf Technologies Group, focuses on swapping battery station services for electric vehicle.
They have established an extensive network of battery swapping stations in Malaysia, employing advanced smart battery technology and ioT monitoring to ensure users receive high-performance and safe battery services.
Blueshark works with major electric vehicle manufacturers and operators to promote battery swapping solutions for electric vehicles and promote the popularization and sustainable development of electric mobility in Malaysia.
By enhancing user experience and service efficiency, Blueshark is committed to driving innovation in urban traffic management and contributing to environmental sustainability.
Oyika is a Singapore-based electric vehicle (EV) company focused on developing battery swapping technology for electric vehicles, offering smart batteries, automatic battery swapping cabinets, and vehicle control units for location tracking, anti-theft and remote control of electric scooters.
Founded in 2018 by Jinsi Lee and Carl Wong, the company aims to promote the adoption of electric vehicles in developing countries by providing a cheaper and more convenient alternative to traditional fuels.
Oyika’s Battery-as-a-Service (BaaS) program offers users a flexible pay-per-use plan, with both weekly and monthly prepaid options.
This program is compatible with most electric two-wheelers (e2Ws) on the market, effectively solving the problems of range anxiety, charging time and initial costs faced by the popularity of electric vehicles.
In addition, Oyika develops smart battery products and provides off-grid energy and mobility services to businesses and consumers.
Selex Motors, a Vietnamese electric vehicle startup, has developed an integrated network of battery swapping stations, including flagship electric scooters and universal electric motorcycle battery pack, as well as an iot based intelligent management platform. The startup has offices in three major cities in Vietnam, namely Hanoi, Ho Chi Minh City and Hue.
Selex Motors has significantly expanded its presence in the Vietnamese market by establishing strategic partnerships with major courier companies including GrabExpress, Lazada Logistics, BAEMIN and Viettel Post, as well as other prominent players in the industry.
These collaborations represent important advances in Selex Motors’ efforts to revolutionize delivery services by integrating an innovative electric scooter battery swapping ecosystem. These partnerships not only usher in a new era of efficient and sustainable delivery solutions, but also have a profound impact on the field of electric mobility.
Founded in 2017, SUN Mobility is a focused electric vehicle energy services company that develops, manufactures and operates battery swapping infrastructure for electric two-wheelers, three-wheelers and large commercial vehicles. Their battery swapping technology helps accelerate the adoption of electric vehicles, especially in commercial applications, due to their low upfront purchase costs and operating costs.
The company is a joint venture between SUN Group and Maini Group, both of which have deep expertise in the field of electric mobility and clean energy.
The founders include Chetan Maini (founder of Reva Electric Vehicle company, now Mahindra Last Mile Mobility Limited), Uday Khemka (Vice Chairman of SUN Group), and Ajay Goel.
Onion Mobility Solutions specializes in the production of electric vehicles and provides battery swap solutions.
Since its launch in 2021, Onion Mobility Solutions has focused on producing two different types of electric vehicles: the T1, a passenger version of the tricycle designed for tuk-tuk drivers, and the T1c, a freight version of the tricycle designed for business needs.
In Phnom Penh, Cambodia, Onion Mobility Solutions already operates and manages nine battery swapping stations. Onion Mobility Solutions uses replaceable batteries to quickly replace depleted batteries with fully charged ones, reducing charging time from 3 to 4 hours to less than 5 minutes, greatly reducing charging pressure, and providing service 24 hours a day.
Onion Mobility Solutions is committed to building a more convenient battery swapping ecosystem in order to achieve a more convenient e-mobility ecosystem.
Swap is Southeast Asia’s largest integrated EV ecosystem, connecting batteries, battery swapping stations and e-scooters through mobile and iot technologies.
Committed to reshaping the future of urban mobility, Swap is focused on providing electric two-wheelers with a battery swapping service that eliminates long charging time anxiety and contributes to sustainability.
Swap has more than 1,500 swapping stations in prime locations in Indonesia and works with multiple branches, gas stations and other partners.
Through Swap’s battery swapping service, passengers can replace a depleted battery with a fully charged one in less than 9 seconds at a battery swapping station in major Indonesian cities.
Pertamina is a major player in Indonesia’s energy industry and is committed to supporting the government’s energy transition program. They meet the needs of e-scooter riders for speed and convenience by expanding their network of general electric vehicle charging stations and electric vehicle battery swapping stations, offering swapping-and-go battery swapping stations.
Through this battery swapping business model, Indonesia has the opportunity to develop electric motor batteries that meet local standards, thus making future electric motorcycles more affordable.
Pertamina has partnered with Gojek, Indonesia Battery Corporation (IBC), Gesits and Electrum to support the government’s program to accelerate the energy transition for electric vehicles and actively develop the infrastructure for electric vehicles.
After setting up six charging stations, Pertamina, through its subsidiary PT Pertamina Patra Niaga, now officially operates 14 battery swapping stations with 212 batteries distributed across seven Pertamina Green Energy Stations (GES). In the future, Pertamina will continue to expand its network of battery swapping stations in Indonesia.
Go-Jek, an integrated technology company in Indonesia, was founded in 2010 as a motorcycle taxi booking platform and has now become a leading super app in Southeast Asia, offering a variety of services such as ride-hailing, food delivery, logistics, payment and more. Through its mobile app, users can enjoy convenient services in one stop.
In recent years, Go-Jek has actively expanded its electric motorcycle battery swapping business, establishing multiple 24-hour battery swap stations in major cities through partnerships with Pertamina, IBC, Gesits and Electrum.
The business improves vehicle operation efficiency, reduces air pollution and carbon emissions, reduces operating costs, provides users with affordable and environmentally friendly mobility options, and promotes Indonesia’s energy transition and environmental protection.
ETRAN is a company founded in 2015 that focuses on electric mobility solutions, providing electric motorcycles and related battery swap services. The company is committed to promoting sustainable mobility through innovative design and technology development for commercial and personal electric motorcycles.
ETRAN has set up a number of battery swapping stations in major cities in Thailand to provide 24-hour uninterrupted battery swapping services, quickly replace batteries, improve vehicle efficiency, and avoid long-term charging.
Each battery swapping station is equipped with advanced ioT technology to monitor battery status in real time, ensuring high battery performance and safety.
By providing environmentally friendly transportation and convenient battery swap services, the company reduces carbon emissions and air pollution, reduces the operating costs of electric motorcycles, and provides users with affordable, environmentally friendly and efficient travel options.
To wrap up
In Southeast Asia, the top 10 battery swapping manufacturers in Southeast Asia play a key role in driving sustainable mobility and innovative energy solutions. They rely on advanced battery swapping infrastructure to support the rapidly growing electric vehicle market, and actively promote regional energy transition and reduce carbon emissions through technological innovation and service efficiency.
As technology advances and market demand grows, these companies are expected to continue to lead the development of the e-mobility ecosystem to provide consumers with cleaner, more efficient transportation options.
Tess
Hi! I am a senior writer in the two-three-wheeler battery swapping industry, with many years of writing experience, committed to providing the ultimate knowledge, services and a complete set of battery swapping solutions for various industries.
Top 10 battery swapping manufacturers in Southeast Asia
This article will mainly explore the top 10 battery swapping manufacturers in Southeast Asia including rydeEV, Blueshark, Oyika Selex Motors , SUN Mobility, Swap, Pertamina, Go-Jek, ETRAN.
The market analysis and scale of battery swapping in Southeast Asia
According to statistics, from 2023 to 2030, the battery swapping market in Southeast Asia is expected to expand rapidly at a compound annual growth rate of 44.23%, and the market value is expected to reach $12.57 million.
With poor road infrastructure and high population density in Southeast Asian countries, many people choose electric two-wheelers as their daily commute, driving widespread adoption of these vehicles. Hence, the increase in the number of electric two-wheelers in the region and the growing demand for fast charging alternatives.
On the other hand, as fuel prices rise, more people are turning to electric vehicles as an alternative to traditional fuel vehicles. However, due to the slow charging speed of most electric vehicles, the construction of battery swapping stations has become an effective way to solve the problem of timely charging, so major charging companies have invested in the construction of battery swapping infrastructure to meet market demand.
You can also check the top 10 two-wheeler battery swapping one stop solution companies in China.
Best-list of top 10 battery swapping manufacturers in Southeast Asia
The top 10 battery swapping manufacturers in Southeast Asia includes:
rydeEV
rydeEV is a business of Yinson GreenTech focused on providing innovative and sustainable micromobility solutions.
rydeEV’s range of micro mobility products includes electric scooters and scooters equipped with advanced battery swapping technology.
Using a battery-as-a-service model, rydeEV allows users to access recharged batteries from a wide range of swapping stations at any time, providing great convenience for people who are often on the road.
Features of Swappable Battery
Blueshark
Blueshark (Malaysia), a subsidiary of Sharkgulf Technologies Group, focuses on swapping battery station services for electric vehicle.
They have established an extensive network of battery swapping stations in Malaysia, employing advanced smart battery technology and ioT monitoring to ensure users receive high-performance and safe battery services.
Blueshark works with major electric vehicle manufacturers and operators to promote battery swapping solutions for electric vehicles and promote the popularization and sustainable development of electric mobility in Malaysia.
By enhancing user experience and service efficiency, Blueshark is committed to driving innovation in urban traffic management and contributing to environmental sustainability.
Oyika
Oyika is a Singapore-based electric vehicle (EV) company focused on developing battery swapping technology for electric vehicles, offering smart batteries, automatic battery swapping cabinets, and vehicle control units for location tracking, anti-theft and remote control of electric scooters.
Founded in 2018 by Jinsi Lee and Carl Wong, the company aims to promote the adoption of electric vehicles in developing countries by providing a cheaper and more convenient alternative to traditional fuels.
Oyika’s Battery-as-a-Service (BaaS) program offers users a flexible pay-per-use plan, with both weekly and monthly prepaid options.
This program is compatible with most electric two-wheelers (e2Ws) on the market, effectively solving the problems of range anxiety, charging time and initial costs faced by the popularity of electric vehicles.
In addition, Oyika develops smart battery products and provides off-grid energy and mobility services to businesses and consumers.
Selex Motors
Selex Motors, a Vietnamese electric vehicle startup, has developed an integrated network of battery swapping stations, including flagship electric scooters and universal electric motorcycle battery pack, as well as an iot based intelligent management platform. The startup has offices in three major cities in Vietnam, namely Hanoi, Ho Chi Minh City and Hue.
Selex Motors has significantly expanded its presence in the Vietnamese market by establishing strategic partnerships with major courier companies including GrabExpress, Lazada Logistics, BAEMIN and Viettel Post, as well as other prominent players in the industry.
These collaborations represent important advances in Selex Motors’ efforts to revolutionize delivery services by integrating an innovative electric scooter battery swapping ecosystem. These partnerships not only usher in a new era of efficient and sustainable delivery solutions, but also have a profound impact on the field of electric mobility.
SUN Mobility
Founded in 2017, SUN Mobility is a focused electric vehicle energy services company that develops, manufactures and operates battery swapping infrastructure for electric two-wheelers, three-wheelers and large commercial vehicles. Their battery swapping technology helps accelerate the adoption of electric vehicles, especially in commercial applications, due to their low upfront purchase costs and operating costs.
The company is a joint venture between SUN Group and Maini Group, both of which have deep expertise in the field of electric mobility and clean energy.
The founders include Chetan Maini (founder of Reva Electric Vehicle company, now Mahindra Last Mile Mobility Limited), Uday Khemka (Vice Chairman of SUN Group), and Ajay Goel.
Onion Mobility Solutions
Onion Mobility Solutions specializes in the production of electric vehicles and provides battery swap solutions.
Since its launch in 2021, Onion Mobility Solutions has focused on producing two different types of electric vehicles: the T1, a passenger version of the tricycle designed for tuk-tuk drivers, and the T1c, a freight version of the tricycle designed for business needs.
In Phnom Penh, Cambodia, Onion Mobility Solutions already operates and manages nine battery swapping stations. Onion Mobility Solutions uses replaceable batteries to quickly replace depleted batteries with fully charged ones, reducing charging time from 3 to 4 hours to less than 5 minutes, greatly reducing charging pressure, and providing service 24 hours a day.
Onion Mobility Solutions is committed to building a more convenient battery swapping ecosystem in order to achieve a more convenient e-mobility ecosystem.
Swap
Swap is Southeast Asia’s largest integrated EV ecosystem, connecting batteries, battery swapping stations and e-scooters through mobile and iot technologies.
Committed to reshaping the future of urban mobility, Swap is focused on providing electric two-wheelers with a battery swapping service that eliminates long charging time anxiety and contributes to sustainability.
Swap has more than 1,500 swapping stations in prime locations in Indonesia and works with multiple branches, gas stations and other partners.
Through Swap’s battery swapping service, passengers can replace a depleted battery with a fully charged one in less than 9 seconds at a battery swapping station in major Indonesian cities.
Pertamina
Pertamina is a major player in Indonesia’s energy industry and is committed to supporting the government’s energy transition program. They meet the needs of e-scooter riders for speed and convenience by expanding their network of general electric vehicle charging stations and electric vehicle battery swapping stations, offering swapping-and-go battery swapping stations.
Through this battery swapping business model, Indonesia has the opportunity to develop electric motor batteries that meet local standards, thus making future electric motorcycles more affordable.
Pertamina has partnered with Gojek, Indonesia Battery Corporation (IBC), Gesits and Electrum to support the government’s program to accelerate the energy transition for electric vehicles and actively develop the infrastructure for electric vehicles.
After setting up six charging stations, Pertamina, through its subsidiary PT Pertamina Patra Niaga, now officially operates 14 battery swapping stations with 212 batteries distributed across seven Pertamina Green Energy Stations (GES). In the future, Pertamina will continue to expand its network of battery swapping stations in Indonesia.
Go-Jek
Go-Jek, an integrated technology company in Indonesia, was founded in 2010 as a motorcycle taxi booking platform and has now become a leading super app in Southeast Asia, offering a variety of services such as ride-hailing, food delivery, logistics, payment and more. Through its mobile app, users can enjoy convenient services in one stop.
In recent years, Go-Jek has actively expanded its electric motorcycle battery swapping business, establishing multiple 24-hour battery swap stations in major cities through partnerships with Pertamina, IBC, Gesits and Electrum.
The business improves vehicle operation efficiency, reduces air pollution and carbon emissions, reduces operating costs, provides users with affordable and environmentally friendly mobility options, and promotes Indonesia’s energy transition and environmental protection.
ETRAN
ETRAN is a company founded in 2015 that focuses on electric mobility solutions, providing electric motorcycles and related battery swap services. The company is committed to promoting sustainable mobility through innovative design and technology development for commercial and personal electric motorcycles.
ETRAN has set up a number of battery swapping stations in major cities in Thailand to provide 24-hour uninterrupted battery swapping services, quickly replace batteries, improve vehicle efficiency, and avoid long-term charging.
Each battery swapping station is equipped with advanced ioT technology to monitor battery status in real time, ensuring high battery performance and safety.
By providing environmentally friendly transportation and convenient battery swap services, the company reduces carbon emissions and air pollution, reduces the operating costs of electric motorcycles, and provides users with affordable, environmentally friendly and efficient travel options.
To wrap up
In Southeast Asia, the top 10 battery swapping manufacturers in Southeast Asia play a key role in driving sustainable mobility and innovative energy solutions. They rely on advanced battery swapping infrastructure to support the rapidly growing electric vehicle market, and actively promote regional energy transition and reduce carbon emissions through technological innovation and service efficiency.
As technology advances and market demand grows, these companies are expected to continue to lead the development of the e-mobility ecosystem to provide consumers with cleaner, more efficient transportation options.