DH Deciphers | Battery swapping: Panacea for electric vehicle pain points?
Once laughed off as the impractical indulgence of environmentalists, electric vehicles are now seen as a technology whose time has come.
The outgoing year saw auto sector discourses being dominated by talks around electric cars, charging stations and infrastructure. But range anxiety, long charging times and a paucity of accessible and frequent charging stations are still turning many people away from electric vehicles. This final hurdle is now being overcome.
Welcome to battery swapping.
In India’s electric vehicle market, which was valued at $5.47 billion in 2020, battery swapping is being touted as the panacea for many fundamental problems. Let’s take a deeper look at this latest buzzword:
