Top EV Charging & Battery Swapping Franchises to Invest in India 2026

Written By: Gouri Ghosh
India's electric vehicle market is expanding rapidly, and there are numerous new opportunities to establish businesses around EV charging and battery swapping.If you are looking to invest in the electric vehicle (EV) industry, 2026 is an excellent time to do so. From established brands such as Tata Power to rapidly growing startups like Battery Smart and Statiq, there are now more EV charging franchise options in India than ever before. Whether you're an entrepreneur, investor, or a person in search of an EV Dealership franchise 2026, this guide will assist you in taking the first step.
Let us understand the Top 10 EV Charging Station Franchise Businesses 2026 and Top 10 EV Franchise in India 2026 driving the future of clean mobility. If you are considering Franchising EV Dealership, you have come to the right destination.
Why the EV Market Is Booming in India 2026
- India's EV revolution: The nation is experiencing a huge transition towards clean and sustainable transportation.
- Sustained government support: Initiatives like the FAME-II scheme, state-level incentives, and the Production Linked Incentive (PLI) plan are fueling quick EV growth.
- Growth outlook: By 2026, analysts predict electric vehicles (EVs) will account for more than 30% of sales of new cars in India.
- Growing infrastructure requirements: With increasing EV usage, the need for affordable charging and swapping stations will keep growing at a rapid pace.
- Franchise opportunities: For those considering franchising EV dealerships or investing in an EV charging dealership franchise in 2026, India's EV market has long-term growth prospects and high financial returns.
EV Charging vs Battery Swapping – Key Differences
Before deciding which business model suits you best, it’s important to understand how these two systems work.
|
Feature |
EV Charging Station |
Battery Swapping Station |
|
Target vehicles |
Cars, bikes, buses |
Mainly 2-wheelers and 3-wheelers |
|
Service time |
30–60 minutes |
Less than 5 minutes |
|
Space required |
Medium to large area |
Compact setup |
|
Investment range |
Moderate to high |
Moderate |
|
Best suited for |
Public areas, highways |
Delivery fleets, e-rickshaws |
If your focus is on delivery riders, e-rickshaws, or fleets, a battery swapping station might be more practical. For highway locations, malls, or parking areas, EV charging franchise stations tend to be more profitable.
Top 10 EV Charging Franchise in India 2026
Here are some of the Top EV Charging Station Companies and battery-swapping businesses worth exploring in 2026.
Tata Power EZ Charge
Tata Power is India's most valued brand and the first to set up EV infrastructure. Its EZ Charge network is already spread across over 500 cities.
Key Features:
- Detailed installation and maintenance assistance
- Easy-to-use mobile app for live updates
- Suits commercial, highway, and urban locations
Estimated Cost of Investment: ₹20–40 lakh (station type and location-dependent)
Why Invest in 2026:
- Supported by Tata's high brand credibility and pan-Indian presence
- Growth at lightning speed to keep pace with increasing EV demand
- Strong long-term partnership and post-sales support
Statiq
Statiq is a growth-stage EV charging startup funded by BP Ventures, specializing in intelligent, connected charging solutions.
Key Features:
- Both public and private charging network focus
- Digital monitoring and contactless payment solutions
- Total franchise training and technical assistance
Estimated Investment Cost: ₹15–30 lakh
Why Invest in 2026:
- Quick expansion at the national level with tech-centric operations
- AI and data analytics focus for improved station management
- High growth opportunities in urban and semi-urban markets
ChargeZone
ChargeZone is developing India's largest fast-charging network, primarily on highways.
Key Features:
- Automated and unmanned charging stations
- App-based energy monitoring for owners and users
- High entrepreneurial potential with access to prime land
Estimated Investment Cost: ₹25–50 lakh
Why Invest in 2026:
- Strong emphasis on speed, scalability, and reliability
- Strategic collaborations with automakers and logistics fleets
- Increasing demand for highway EV charging
EVRE
EVRE stands for its IoT-enabled EV charging infrastructure for remote operation and monitoring.
Key Features:
- Ideal for real estate investors and commercial establishments
- Provides flexible franchise partnership options
- Works with fleet operators and property developers
Estimated Investment Cost: ₹10–25 lakh
Why Invest in 2026:
- Smart remote management platform for seamless control
- Committed to sustainability and efficiency
- Consistent and stable revenue potential for investors
Zeon Charging
Zeon Charging has emerged as one of South India's most consistent EV charging networks.
Key Features:
- More than 100 operational stations and growing
- Collaborations with business premises, malls, and hotels
- Prioritizing fast-charging and renewable energy solutions
Estimated Investment Cost: ₹15–35 lakh
Why Invest in 2026:
- Strong regional footprint with pan-India growth plans
- Prioritizing integration with renewable energy
- Great chance for green and profitable returns
SUN Mobility (Battery Swapping)
SUN Mobility is a pioneer in India's Electric Vehicle Battery-Swapping Market 2026 and collaborates with OEMs such as Piaggio and Ashok Leyland
Key Features:
- Modular, IoT-based battery systems
- Built for two-, three-, and four-wheelers
- Great option for fleet-based investors
Estimated Investment Cost: ₹20–40 lakh
Why Invest in 2026:
- Established, scalable technology
- Robust OEM partnerships guarantee long-term stability
- Fleet electrification and commercial mobility focus
Battery Smart (Battery Swapping)
Battery Smart has one of India's largest e-rickshaw battery swapping networks.
Key Features:
- Minimum setup cost and rapid deployment
- Subscription-based revenue model
- Strong institutional investors backing
Estimated Cost of Investment: ₹8–15 lakh
Why Invest in 2026:
- High potential for growth in Tier 2 and Tier 3 cities
- Payback period shortening rapidly due to daily usage
- Expanding e-rickshaw and last-mile delivery market
Bounce Infinity (Battery Swapping)
Bounce Infinity provides electric scooters with a "battery as a service" model and fast-swap technology.
Key Features:
- Batteries swapped in under 2 minutes
- City-friendly and small station design
- Affordable franchise models
Estimated Investment Cost: ₹10–20 lakh
Why Invest in 2026:
- Ideal for city-based entrepreneurs
- Ideal fit for ride-sharing and delivery fleets markets
- Low operating cost and high customer turnover
Yulu / Yuma Energy
Yulu, which is supported by Bajaj Auto, targets micromobility and small EV fleets, while Yuma Energy, its energy division, offers compact charging and swapping stations.
Key Features:
- Shared mobility and last-mile logistics focus
- Scalable, simple design
- Seamlessly integrated with delivery and ride-hailing apps
Estimated Investment Cost: ₹7–15 lakh
Why Invest in 2026:
- Low investment, high usage
- Solid corporate partnerships
- Excellent for densely populated city locations
VoltUp / RACE Energy (Battery Swapping)
VoltUp and RACE Energy are upcoming leaders in cost-effective battery swapping for two- and three-wheelers.
Key Features:
- Mini setup for low-space locations
- Quick turnaround time for batteries
- Ideal for logistics and ride-sharing companies
Estimated Cost of Investment: ₹8–18 lakh
Why Invest in 2026:
- Low cost of operations
- Wonderful opportunity in urban and semi-urban regions
- Increasing partnerships with EV manufacturers
Investment and ROI Insights
Your initial investment depends on your chosen model and location.
|
Business Type |
Average Investment |
Space Needed |
ROI Period |
|
EV Charging Station |
₹15–₹50 lakh |
800–1500 sq. ft. |
3–4 years |
|
Battery Swapping Station |
₹5–₹20 lakh |
300–800 sq. ft. |
2–3 years |
Many brands also offer revenue-sharing partnerships or lease-based models, making it easier to get started with limited capital.
Future of EV Charging & Battery Swapping Franchises: 2026 to 2030
The coming years will be decisive for EV infrastructure in India. Some of the key trends defining the EV Dealership franchise 2026 market and beyond are:
- The Electric Vehicle Battery-Swapping Market 2026 is anticipated to increase fivefold by 2030 due to increased demand for two- and three-wheeler EVs.
- Top EV charging station firms' expansion along highways, cities, and commercial centers will fuel nationwide adoption of EVs.
- More than 100,000 additional EV charging points are likely to come online throughout India by 2030.
- Franchising EV Dealership models will see increased investor interest as government policies and subsidies favor the industry.
- Early movers will be rewarded with first-mover advantages, obtaining prime franchise spaces and better brand recognition.
- Public-private partnerships will fuel big-ticket charging and swapping infrastructure projects.
- The EV transition isn't simply about embracing new tech — it's about creating sustainable, profitable, and future-proof businesses.
Between 2026 and 2030, India is expected to emerge as one of the largest EV markets in the world, creating unmatched opportunities for investors, entrepreneurs, and green innovators.
Conclusion
If you’re looking for a long-term investment with growing demand and government support, EV charging and battery-swapping franchises offer a clear path forward.
By partnering with one of the Top EV Charging Station Companies or network switching, you can create a business which not only generates revenue but also contributes to India's clean energy transition.
Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.
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