Sources and links on page 180 (7)
Links embedded in the original report PDF, including citations and other references. These destinations have not been independently reviewed. Links open in a new tab.
- https://yuma.energy/news/yumainnoida/
- https://rapidepower.com/battery-as-a-service-in-india-a-serious-lookout-for-vcs-and-investors/
- http://www.oyika.com/banpu-next-invests-in-oyika/
- https://news.futunn.com/en/flash/19021761/the-solid-state-battery-electric-bicycle-battery-swapping-pilot-project?level=1&data_ticket=1767549080324752
- https://chargingstack.com/china-e-bike-trade-in-2025
- https://www.businesstoday.me/transport/ev-lab-partners-with-pure-electric-to-drive-micromobility-in-the-middle-east
- https://www.ft.com/content/b8a4995d-0f65-444e-94ce-5d7d90ab8f1f
Text on page 180
Micromobility: Notable Events & Key Partnerships
APAC (excl. China) Yuma Energy partnered with HPCL to boost battery swapping in India for 2⁄3 wheelers, utilizing HPCL’s extensive network of retail outlets. Battery Smart scaled India’s battery-swap ecosystem to over 100,000 swaps per day through a partner-led model. Banpu NEXT announced a strategic investment in Oyika, a Singapore- based technology company providing Batteries-as-a-Service (BaaS) for electric two-wheelers, to expand in Southeast Asia.
Source: Company announcements
China Chinese firms including ZhiZu, Beijing Pure Lithium New Energy Technology, and Yadea launched solid-state battery-swapping pilots for electric bicycles in Beijing.
National e-bike trade-in programs are driving greater battery standardization, safety, and recycling partnerships.
Middle East & Africa EV LAB partnered with Pure Electric to introduce e-scooters and micromobility technologies into Middle Eastern markets.
Spiro raised $100M to expand electric motorbike production and battery-swapping infrastructure across Africa.
Extracted from the PDF; charts and images may read imperfectly.
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