Quantum Business XS e-scooter: ₹57,750 with battery swap & ₹1,499 EMI

• Quantum Business XS electric scooter launched in India at ₹57,750 ex-showroom.
• Available with EMI options starting from ₹1,499 per month.
• Utilizes a Battery-as-a-Service (BaaS) model via Indofast Energy's battery swapping network.
• Indofast network has over 1,100 swap stations, allowing 2-minute battery exchanges.
• Aims to deploy 1,000 scooters in FY25-26 and 10,000 units in the next three years.

Why It Matters: Affordable electric scooter with battery swapping makes EVs practical for mass adoption.