November 6, 2024

AdvantEdge Founders Annual Mixer 2024: EV Leaders Debate Fast Charging and Battery Swapping

Highlights from AdvantEdge Founders Annual Mixer 2024 — industry leaders debate fast charging vs battery swapping and share insights on the future of EV adoption in India.

by

Kunal Khattar

The AdvantEdge Founders Annual Mixer 2024 gathered top entrepreneurs, investors, and mobility leaders to discuss the future of India’s electric vehicle (EV) ecosystem. The highlight of the evening was a panel on “Fast Charging vs Battery Swapping” — one of the most important debates shaping EV adoption in India.

This was followed by a Fireside Chat with Rapido CEO Aravind Sanka and Motherson Group Vice Chairman Laksh Vaaman Sehgal, offering candid insights into how technology, financing, and policy are driving the next wave of mobility innovation.

The event explored whether fast charging or battery swapping will dominate India’s EV landscape, or if the two models will coexist. Panelists also shared lessons from building and financing EV infrastructure, and the opportunities ahead for startups and investors in the sector.

Topics Covered

  • Fast charging vs. battery swapping: scalability, efficiency, and cost-effectiveness
  • Consumer adoption patterns and infrastructure readiness in India
  • Financing models to support EV infrastructure growth
  • How technology innovation impacts business models and policy frameworks
  • The future of the EV ecosystem in India: coexistence or consolidation?

Guest Speakers

  • Kunal Khattar – Managing Partner, AdvantEdge (Moderator)
  • Michael Spencer – Founder & CEO, Zeno
  • Arun Vinayak – Co-Founder & CEO, Exponent Energy
  • Nikhil Aggarwal – Founder & Group CEO, Grip
  • Laksh Vaaman Sehgal – Motherson Group
  • Aravind Sanka – Co-Founder, Rapido

The AdvantEdge Founders Annual Mixer 2024 provided a valuable opportunity for discussion, knowledge-sharing, and networking around the evolving EV landscape. AdvantEdge continues to support entrepreneurs contributing to the growth of electric mobility in India.