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VoltUp raises $8 million to expand electric vehicle battery-swapping stations in India.
VoltUp, an Indian battery-swapping startup for electric two- and three-wheelers, has raised $8 million in a seed funding round, totaling $18 million.
The funds will help expand its Mobility-as-a-Service offerings and deploy 1,000 new battery-swapping stations across 20 urban centers.
The company aims to invest over $85 million in assets, promoting electric vehicle adoption and reducing range anxiety.
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VoltUp recauda $8 millones para ampliar las estaciones de intercambio de baterías de vehículos eléctricos en la India.