Along with the increasing demand for electric vehicles in Asia, this has led many manufacturers to create new innovations to provide time efficiency during the charging process. One of the latest innovations today is the presence of a battery swapping system that can help users minimize the charging time that generally takes a long time. This innovation is generally ideal for various users in urban areas who have a super-fast time.
Some manufacturers are even known and have been widely recognized for the reliability of their battery swapping systems and have managed to enter the list of top 10 battery swapping companies in Asia. In this article, we’ll discuss who successfully entered the list of top 10 battery swapping companies in Asia, including Sun Mobility, Selex Motors, MOTAWILL, TYCORUN, Gogoro, Battery Smart, Oyika, KYMCO, Swap Energy, and TERRA.
Top 10 Battery Swapping Companies In Asia 2025
| Ranking | Manufacturers |
| 1 | Sun Mobility |
| 2 | Selex Motors |
| 3 | MOTAWILL |
| 4 | TYCORUN |
| 5 | Gogoro |
| 6 | Battery Smart |
| 7 | Oyika |
| 8 | KYMCO |
| 9 | SWAP Energy |
| 10 | TERRA |
Sun Mobility
| Established | 2017 |
| Official Website | https://www.sunmobility.com/ |
| Headquarters | India |
Sun Mobility is a company based in India that has been established since 2017. The company itself was successfully established in collaboration between two companies, the Maini Group and the SUN Group, which have the same vision of providing an energy network that can accelerate the mass adoption of electric mobility. With this vision, Sun Mobility finally issued a solution such as battery swap systems that can facilitate EV users in their daily activities. The company itself focuses on battery swap business models with Battery as a Service (BaaS) and Mobility as a Service (MaaS) systems.
Sun Mobility’s battery swap system is known to have spread widely in India around more than 600 stations. The swap system is also known to focus more on two-wheeled electric vehicles for logistics or fleets in urban areas which are known to have super-fast mobilization times. With this innovation, EV users can shorten the waiting time for battery charging which can usually take around 2-3 hours.
Selex Motors
| Established | 2018 |
| Official Website | https://selex.vn/en/home/ |
| Headquarters | Hanoi, Vietnam |
Selex Motors is basically a company based in Hanoi, Vietnam and has a business focus on the EV and battery swapping services. The company is known to have been in the electric mobility industry for approximately 7 years since it was first established in 2018. Selex Motors is known to have a mission to encourage the development of a more efficient and environmentally friendly two-wheeled electric vehicle mobilization globally, especially in Asia.
The battery swapping system from Selex Motors is known to be presented through a complete ecosystem, starting from two-wheeled electric vehicles, swap batteries, battery swapping stations, and also IoT-based management systems. With the Selex Motors battery swap system, users can swap a depleted battery to a full one in just about 2 minutes. Selex Motors currently has more than hundreds of swap stations spread across Vietnam’s major cities.
To further expand its market area, Selex Motors itself is known to collaborate with large battery companies such as Samsung SDI in producing its battery cells. The company also cooperates with several other large logistics platforms such as Lazada and Grab. With this collaboration, the company was able to enter the list of top 10 battery swapping companies in Asia.
MOTAWILL
| Established | 2015 |
| Official Website | https://www.motawill.com/ |
| Headquarters | Dubai, UEA |
MOTAWILL is basically a company from Dubai, UAE, which specializes in the business line of providing battery swapping system solutions with the Battery as a Service (BaaS) model. The company is known to have first been founded in 2015 and has been focusing on battery swap systems almost 7 years, start from 2018. MOTAWILL is known as one of the top 10 battery swapping companies in Asia because it’s known that this company has successfully expanded its wings in the Southeast Asia and Middle East markets.
The swapping system that MOTAWILL provides is focused on two-wheeled electric vehicles, logistics, instant delivery, and fleets that can be done in less than 2-minutes. The swap system from MOTAWILL itself is known to consist of a complete ecosystem, starting from two-wheeled vehicles, batteries, a system swap cabinet that has 12 slots, and also a cloud application to find out the station location and monitor battery health. The swap cabinet itself is known to have been integrated with real-time communication systems such as only 4G, GPS, remote monitoring, and also NFC. Moreover, the cabinet has been designed with safety systems such as fire-proof and explosion-proof.
TYCORUN
| Established | 2019 |
| Official Website | https://www.tycorun.com/ |
| Headquarters | Guangzhou, China |
TYCORUN is a company offering battery swap solutions that has been widely recognized in Asia. The company has its main headquarters in Guangzhou, China and has mainly focused on the lithium battery production business line for various applications since 2007. In 2019, TYCORUN started to develop battery swap system solutions focusing on electric two- and three-wheelers. The company envisions to provide a complete solution for electric mobility in fast-paced urban areas by providing swap battery infrastructure that supports wider and faster adoption of EVs.
TYCORUN’s swap system consists of a complete set of units, from two- and three-wheel electric vehicles, swap battery cabinets ranging from 5-slot to 15-slot, batteries, to software and cloud platforms to manage battery status, swap locations, data analytics, and maintenance. TYCORUN is one of the top 10 battery swapping companies in Asia as it has successfully established more than 5,000 swap cabinets in more than 40 countries around the world. Moreover, their battery swappable systems are known to have a high level of safety, such as featuring integrated 4G modules, IoT monitoring, resistance to high charge and discharge cycles.
Gogoro
| Established | 2011 |
| Official Website | https://www.gogoro.com/ |
| Headquarters | Taiwan |
Gogoro is one of the largest battery swapping companies in Asia. With its popularity in Asia, it managed to enter the list of top 10 battery swapping companies in Asia. Gogoro itself was originally known as an electric vehicle manufacturer based in Taiwan and was first established in 2011. However, now Gogoro is also focusing on developing an instant empty-to-full battery swapping system solution for dense urban mobility, allowing users to minimize the long waiting time for traditional charging.
The swapping system, named Gogoro Network, consists of swapping stations, batteries, electric vehicles with swappable designs, and digital drive systems integrated with cloud and AI for management and networking. Gogoro itself is often claimed as a global leader in battery swapping technology because it’s known that its swap system has spread over thousands of stations in Taiwan. Currently, Gogoro is still trying to spread its wings to various countries in Southeast Asia and South Asia by working with several well-known electric motorcycle brands.
Battery Smart
| Established | 2020 |
| Official Website | https://www.batterysmart.in/ |
| Headquarters | India |
Battery Smart is a company involved in the swap system world since 2020. The company’s mission is to provide efficient solutions through battery swaps to EV users, especially two- and three-wheelers. The focus of Battery Smart’s battery swap system is for EVs specialized in logistics or last-mile delivery applications in India. As a leading top 10 battery swapping company in Asia, Battery Smart offers a swap system using lithium-ion battery technology with a Battery as a Service (BaaS) swap model.
With the BaaS model offered by Battery Smart, the company supports reducing the high cost of purchasing electric vehicles + batteries, so that EV prices will be much more affordable. Battery Smart itself is even known as one of the companies with the largest profits in India today even since its inception.
It’s known that Battery Smart has more than 1,000 swap stations spread across more than 50 cities in India. Per day it’s known that their stations managed to exchange batteries 100,000 times. Therefore, this company was able to enter the list of top 10 battery swapping companies in Asia, and even now Battery Smart is known to be expanding its market to various countries in Asia.
Oyika
| Established | 2018 |
| Official Website | https://oyika.id/ |
| Headquarters | Singapore |
Oyika is a Singapore-based company that focuses on providing motorcycle electrification solutions and swap systems in the Southeast Asia region. The company is known to have been established and involved in vehicle systems with renewable energy solutions since 2018. The company’s mission is to provide specialized batteries for electric vehicles without making riders worry about long charging times, so the battery swap system was formed. Oyika’s battery swapping system is also known to be widespread in several areas in Southeast Asian countries such as Indonesia and Thailand.
Basically, the swap system offered by Oyika comes with a Battery as a Service (BaaS) model, where users will rent batteries from the swap system. Moreover, the company provides smart batteries that have high compatibility with various electric motor brands of several companies. Hence, the company has made it to the top 10 battery swapping companies in Asia. Oyika’s swapping system is also known to be integrated with several other systems such as being integrated with IoT on the user’s smart device for overall battery condition monitoring.
KYMCO
| Established | 1990 |
| Official Website | https://www.kymco.com/international |
| Headquarters | Kaohsiung, Taiwan |
Basically, KYMCO is a company that has been established since 1990. The company itself is known to have its headquarters located in Kaohsiung, Taiwan and focuses on the production of two-wheeled vehicles with light utilities for various countries in Asia. However, in recent years KYMCO is known to be more focused on producing electric vehicles and releasing its electric mobility system called iONEX. The iONEX system itself is known to be designed as a total EV solution that provides electric vehicles, swappable batteries, battery swap stations, and charging/swapping infrastructure.
Currently, KYMCO’s swap system named iONEX has been widely spread in various states, especially in the Asian region. It’s also known that by 2022 KYMCO managed to build more than 2,000 swap stations and is currently being cooperated by various shipping fleets and logistics services to expand its battery swap services. Thanks to this cooperation KYMCO managed to expand its market and enter the list of top 10 battery swapping companies in Asia.
SWAP Energy
| Established | 20-19 |
| Official Website | https://www.swap.id/ |
| Headquarters | Indonesia |
SWAP Energy is a company originating from Indonesia and has been established since 2019. The company is known to have a vision and mission in creating a sustainable future transportation system and supporting net-zero targets. SWAP Energy itself focuses on battery swap systems as its main business line to minimize charging time which generally takes quite a long time. This company’s battery swap system generally focuses on two-wheeled electric vehicles.
The battery swap system owned by SWAP Energy generally consists of a single ecosystem, starting from battery swap stations, portable batteries, and also applications to monitor battery status and find out the location of the nearest station. The portable battery owned by SWAP Energy is known to have a high level of compatibility with various modern electric motorcycles, because the company deliberately designed its battery with the “One-battery-fits-many” model. The battery swap system itself is claimed to be done in an extremely fast time, which can be ready in just 9 seconds.
According to the company’s official website, their swap stations have been widely spread across major cities in Indonesia, approximately 1,500 stations. Due to this high interest, SWAP Energy is currently expanding its market to more countries in Asia, especially Southeast Asia. Hence, the company has made it to the list of top 10 battery swapping companies in Asia.
TERRA
| Established | 2022 |
| Official Website | https://driveterra.com/ |
| Headquarters | Dubai, UAE |
TERRA is a company from Dubai, UAE, focusing on battery swapping systems specialized in two- and three-wheeled light electric vehicles. The company was first established in 2022 and has received a lot of support since its establishment. Therefore, it’s not surprising that the company has been ranked among the top 10 battery swapping companies in Asia. TERRA’s development of the battery swap system is in line with its vision and mission to increase the usage of more environmentally friendly vehicles with a system that can provide better time-efficiency.
The swap system from TERRA itself consists of a complete unit, starting from two or three-wheeled vehicles, batteries suitable for swap systems, IoT-based monitoring systems, and also swap stations. TERRA itself uses the Mobility as a Service (MaaS) model and also Battery as a Service (BaaS) in its swap system. With such a model, vehicle users can enjoy the swap system only by subscribing without the need to buy batteries with high prices.
Conclusion
Based on the discussion above, it can be concluded that the top 10 battery swapping companies in Asia play an important role that can accelerate the transition to a sustainable electric vehicle ecosystem. It’s known that major companies such as MOTAWILL, Sun Mobility, Selex Motors, TYCORUN, Gogoro, Battery Smart, Oyika, KYMCO, Swap Energy, and TERRA certainly present efficient and unique battery swapping innovations according to their respective versions. But mainly, these companies are able to provide time-saving solutions, especially environmentally-friendly ones, for consumers in Asia.
Frequently Ask Questions
Why is battery swapping important in Asia?
It’s because it is widely known that Asia is the largest two-wheeler market in the world. Therefore, due to its known high mobility and time-efficient needs, battery swapping is one of the ideal solutions that can accelerate the adoption of electric vehicles without disrupting user productivity.
Who are some of the top 10 battery swapping companies in Asia?
Some major companies such as MOTAWILL, Gogoro, TYCORUN, Battery Smart, Oyika, KYMCO, SWAP Energy, Sun Mobility, Selex Motors, and also TERRA is at the forefront of battery swapping systems innovation.
Can battery swapping be used in four-wheelers?
Although this system was initially popular only for two-wheeled vehicles, many companies are now developing innovations for four-wheeled vehicles as well. Some large companies have even succeeded in making battery swapping systems specifically for four-wheeled electric vehicles to heavy electric vehicles.
