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SUN Mobility logo — Making Electric Vehicles (EVs) accessible and affordable for...

SUN Mobility

Making Electric Vehicles (EVs) accessible and affordable for all.

Founded 2017 India Bengaluru, India 888 employees Corporate Round Total: $3.70B Energy, Transportation +2

General Information

Company Name SUN Mobility
Founded Year 2017
Location India Bengaluru, India
Founders / Decision Makers
Team member
Employees 888
Industries Energy, Transportation, Energy Storage +1
Funding Stage Corporate Round
Business Model B2B, Platform, D2C
Revenue Model Subscription, Pay As You Go, Usage Based
Social

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About SUN Mobility

SUN Mobility, founded in 2017, is making strides in the Energy, Transportation, Energy Storage, and Automotive industries from its base in India. With its slogan, "Making Electric Vehicles (EVs) accessible and affordable for all," SUN Mobility operates as a joint venture between the Maini Group and the SUN Group, co-founded by Chetan Maini and Uday Khemka.

The company is leveraging the potential of electric mobility through its innovative battery swapping technology. This universally interoperable solution addresses key barriers to EV adoption such as high upfront costs, range anxiety, and long charging times. By decoupling battery ownership from vehicles and offering a subscription model, SUN Mobility effectively reduces barriers for EV users.

In its latest development, SUN Mobility secured an INR3.70B Corporate Round investment on 20 October 2021, with Vitol as a notable investor. This infusion further empowers the company to strengthen its network of IoT-enabled Swap Points and expand industry collaborations, solidifying its leadership in accelerating the EV revolution.

Business keywords: Electric Vehicles, Battery Swapping Technology, Smart Mobility Solutions, IoT-enabled Infrastructure, Battery Subscription Model, Sustainable Mobility, Interoperable Technology, Range Anxiety Solutions, EV Charging Solutions, Fleet Operations, Ride-sharing Partnerships, Last-mile Transport Solutions, Energy Infrastructure

Services & Products

Battery Swapping Technology
Energy as a Service
Battery Monitoring and Optimization
Infrastructure for Electric Vehicles

Target Customers

Electric Vehicle Owners Fleet Managers Drivers Infrastructure Partners

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round INR3.70B 1
Vitol
20 Oct 2021
Venture Round Undisclosed 1
MFV Partners
MFV Partners
01 Jan 2019

SUN Mobility Alternatives & Competitors

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SUN Mobility vs
Oyika
Oyika Singapore

Lowering the barriers to EV adoption

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47 employees
Energy, Energy Storage
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SUN Mobility vs
Pushme (acquired by TIER Mobility)
Pushme (acquired by TIER Mobility) United Kingdom

Energy stations for last-mile electric transport

Convertible Note
2-10 employees
Energy, Hardware
Compare SUN Mobility vs Pushme (acquired by TIER Mobility)
SUN Mobility vs
The SHADO Group
The SHADO Group Singapore

The Singapore- and India-based company that provides Electric Vehicle technology and charging infras...

Seed
6 employees
Transportation, Energy Storage
Also compare with: SUN Mobility vs ElectricPe ElectricPe View all alternatives

FAQ About SUN Mobility

Making Electric Vehicles (EVs) accessible and affordable for all.
SUN Mobility was founded in 2017.
SUN Mobility is headquartered in Bengaluru, India.
SUN Mobility operates in Energy, Transportation, Energy Storage and Automotive. Its work centres on Electric Vehicles, Battery Swapping Technology, Smart Mobility Solutions and IoT-enabled Infrastructure. Its customers include Electric Vehicle Owners, Fleet Managers and Drivers.
SUN Mobility has a B2B, Platform and D2C business model. Its revenue comes from Subscription, Pay As You Go and Usage Based.
SUN Mobility has approximately 888 employees.
SUN Mobility has completed 2 funding rounds, raising a total of $3.70B. The latest funding stage is Corporate Round.
SUN Mobility offers: Battery Swapping Technology, Energy as a Service, Battery Monitoring and Optimization, Infrastructure for Electric Vehicles.
Top alternatives and competitors to SUN Mobility include Oyika, Pushme (acquired by TIER Mobility), The SHADO Group, ElectricPe, IO-Dynamics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SUN Mobility and Oyika are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for SUN Mobility, https://bouncewatch.com/company/sun-mobility, updated 11 April 2026. When citing, please name BounceWatch and link this page.

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