I-Change
- Company typePrivate
- Founded2017
- HeadquartersPluak Daeng, Thailand
- Headcount1–10
- GTM typeB2C
- OfferingHardware or Manufacturing
I-Change firmographics
Firmographics- Name
- I-Change
- Legal name
- I-Change
- Website
- https://ichangethailand.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
I-Change industry classification
Industry- Product category
- Battery Swapping Infrastructure for Electric Motorcycles
- NAICS
- Motorcycle, Bicycle, and Parts Manufacturing (336991), Automotive Parts and Accessories Retailers (441330), Motorcycle, ATV, and All Other Motor Vehicle Dealers (441227)
- SIC
- Motorcycles, Bicycles & Parts (3751), Wholesale-Motor Vehicle Supplies & New Parts (5013)
- akta.pro primary industry
- Micromobility Charging & Battery Swapping Services (THADAGAL)
- akta.pro secondary industries
- E-Mobility Batteries & Swappable Packs (Consumer) (CRACASAI), Industrial Material Handling & Warehouse Charging (forklift/AGV chargers, battery swapping) (IMAGAHAG), Electric Motorcycles & Electric Scooters Manufacturing (IMACAEAB)
Keywords
Where I-Change is headquartered
LocationHeadquarters
- HQ city
- Pluak Daeng
- HQ country
- Thailand
- HQ region
- Asia
Markets served
I-Change business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Infrastructure, Technology or R&D, Operations, Personnel, Marketing or Sales
Revenue model
- Battery Swapping Services: Usage-based revenue from battery swapping at stations. Users pay for battery exchange services through the mobile application, with the platform managing battery lifecycle throughout its operational life.
- Electric Motorcycle Sales: Direct sales of electric motorcycles compatible with the i-change battery swapping platform.
- Package Payments: Payment collection through mobile application for service packages including battery reservations and station access.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
I-Change product offering
Product offeringCore offering
I-Change sells electric motorcycles and operates a battery swapping platform consisting of automated swapping stations, smart lithium-ion batteries, and a mobile application. The platform enables e-motorcycle riders to exchange depleted batteries for fully charged ones in under 15 seconds at 24/7 stations across Thailand. Customers purchase compatible e-motorcycles and pay per-use or via service packages through the i-change mobile app.
Product overview
I-Change is a unified battery swapping platform for electric motorcycles operating as a platform-plus-modules architecture. The platform integrates four core products: the Station network (automated battery swapping kiosks enabling <15 second exchanges with 24/7 availability), Battery (smart lithium-ion batteries with hot-swap wireless charging managed by the platform throughout their lifespan), E-Motorcycle (electric motorcycles with dual-battery configuration delivering 80-100 km range and 3,000W motor power), and Application (mobile app for station search, battery reservation, status monitoring, and payment). These interconnected components work together to provide end-to-end electric mobility infrastructure.
Differentiator
Problem solved
Functional benefit
Products and services
- Battery
Companies that use I-Change
Customer profileSegments1 record
Ideal customer profiles1 record
I-Change technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
I-Change partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights3 records
I-Change competitors and assessment
Company assessmentDirect peers
- Gogoro: Taiwan-based pioneer of electric scooter battery swapping with the most mature two-wheeler swap network globally. Directly comparable to I-Change on core proposition (automated battery swap stations, smart batteries, branded e-scooters, mobile app) and serves as the category benchmark for swap speed and network density.
- SUN Mobility: India-based battery-swapping network targeting two- and three-wheelers with interoperable swap stations and energy infrastructure. Comparable to I-Change as a developing-market peer building usage-based swap services for light electric vehicles.
- Oyika: Indonesia-headquartered battery-as-a-service operator focused on Southeast Asian e-motorcycle riders. Operates in the same regional regulatory and consumer context as I-Change and competes for the same rider pain points around charging time and range.
- Battery Smart: Indian battery-swapping network for electric two- and three-wheelers with a network-of-stations model. Comparable to I-Change on target vehicle class, usage-based monetization, and reliance on station density for unit economics.
Broad incumbents
- Honda Motor: Dominant motorcycle OEM globally and a major player in Thailand, actively investing in electric motorcycles and swappable battery platforms. Represents the most likely incumbent threat to I-Change given Honda's dealer scale in Thailand and partnerships with the Thai government on electrification.
- NIU Technologies: Listed Chinese smart e-scooter manufacturer selling globally with connected app features. Comparable to I-Change on the e-motorcycle-plus-app product bundle, though NIU primarily uses plug-in charging rather than battery swap.
- Yadea Group: World's largest electric two-wheeler manufacturer by volume, with strong Southeast Asian distribution. Comparable as a competing e-motorcycle brand that I-Change must differentiate against on price, range, and the added value of the swap network.
- Grab Holdings: Dominant Southeast Asian super-app with a mobility and delivery business that depends heavily on motorcycle riders. Comparable as both a potential partner (fleet electrification) and a potential threat (proprietary rider/merchant infrastructure) for I-Change in Thailand.
Emerging players
- Swobbee: Berlin-based battery-swapping network for light electric vehicles including e-scooters and e-bikes. Comparable to I-Change as an emerging peer pursuing usage-based swap economics in micromobility, though operating in a more regulated European context.
- Numocity Technologies: India-based platform providing software, analytics, and swap-station integration for electric two- and three-wheeler fleets. Comparable to I-Change on the platform-and-station architecture serving commercial and consumer e-mobility users.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
I-Change social profiles
Digital presenceI-Change financial estimates
Financial estimateRevenue estimate
Valuation estimate
I-Change leadership team
Management profileNumber of profiles
Profiles1 record
I-Change funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
I-Change M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about I-Change
What does I-Change do?
I-Change sells electric motorcycles and operates a battery swapping platform consisting of automated swapping stations, smart lithium-ion batteries, and a mobile application. The platform enables e-motorcycle riders to exchange depleted batteries for fully charged ones in under 15 seconds at 24/7 stations across Thailand. Customers purchase compatible e-motorcycles and pay per-use or via service packages through the i-change mobile app.
Is I-Change a public or private company?
I-Change is a private company. It is classified as unknown and is currently operating.
When was I-Change founded?
I-Change was founded in 2017. It employs 1 to 10 people.
Where is I-Change based?
I-Change is headquartered in Pluak Daeng, Thailand, in the Asia region.
How does I-Change make money?
Three revenue lines are on record. Battery Swapping Services are the primary driver. The others are electric Motorcycle Sales and package Payments.
Who are I-Change's main competitors?
Direct peers on record are Gogoro, SUN Mobility, Oyika and Battery Smart. Broad incumbents are Honda Motor, NIU Technologies, Yadea Group and Grab Holdings. Emerging players are Swobbee and Numocity Technologies.
Does I-Change have an API?
No public API is recorded for I-Change.
What industry is I-Change in?
I-Change's product category is Battery Swapping Infrastructure for Electric Motorcycles. Its primary akta.pro industry code is THADAGAL, Micromobility Charging & Battery Swapping Services, with a secondary code of CRACASAI, E-Mobility Batteries & Swappable Packs (Consumer). Its NAICS code is 336991 and its SIC code is 3751.