Futuristic Mobility flags software as the next operating layer for India’s EV fleets

With Indian EV sales reaching 2.55 million in FY2025-26, co-founder Samarth Mengji says fleet operators need GPS, geofencing, battery analytics, predictive maintenance and rider-payment automation to make growing two-wheeler fleets profitable.

— Source published Wed, 19 Aug, 2026, 07:30 IST · First seen Wed, 19 Aug, 2026, 07:42 IST · Source YourStory

What happened

Futuristic Mobility co-founder Samarth Mengji argues that India’s expanding electric two-wheeler fleets need software-led operations, including GPS tracking,

Key facts

  • 25,50,865 EV sales in India in FY2025-26
  • 25.02% annual growth in EV sales
  • 14,72,029 electric two-wheelers sold
  • Electric two-wheelers represented 57.9% of EV purchases
  • 22% electric two-wheeler volume growth
  • Global EV fleet-management market projected to grow from $9.10 billion in 2025 to $32.25 billion by 2030
  • 22.7% projected fleet-management market CAGR
  • 1.3 million electric two-wheelers sold in India in 2024
  • India advanced chemistry cell requirement was 28 GWh in 2025
  • EVs accounted for roughly 60% of advanced chemistry cell demand
  • Advanced chemistry cell demand projected at about 272 GWh by FY2030

Why this matters

Strategic buyers should evaluate partnerships or acquisitions in fleet telematics, battery intelligence and rider-payment platforms that can become the operating system for two-wheeler EV fleets.

What to watch

  • Large Indian EV fleet contracts that explicitly include software, telematics or battery-analytics subscriptions.
  • OEM partnerships, acquisitions or API announcements involving fleet-management platforms.
  • Evidence that battery-health scores affect leasing rates, loan approvals, insurance pricing or used-EV resale values.
  • Growth in organized two-wheeler fleet leasing and delivery-platform EV mandates.
  • Regulatory requirements for vehicle tracking, battery data, rider safety or fleet compliance.
  • Rising reports of fleet theft, battery swapping fraud, charging misuse or downtime that increase ROI for monitoring tools.
  • Fleet operators will increasingly procure software alongside vehicle leases and financing rather than after fleet deployment.
  • EV OEMs and battery-management-system suppliers will expose more vehicle data APIs or build proprietary fleet-management layers.
  • Delivery, quick-commerce and ride-hailing platforms will tighten rider compliance, charging behavior and payout policies using telematics data.
  • Insurers and lenders will begin using utilization, driving behavior and battery-health data to price premiums, credit and residual-value risk.
  • Retailers with last-mile delivery fleets may shift EV vendor selection toward uptime guarantees and software integration capability.

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