For EV viability, a battery swapping policy in the offing

The government announced Tuesday that it will bring out a battery swapping policy in addition to formulating interoperability standards for EV batteries — a move aimed at making electric vehicles more viable and reducing range anxiety for potential buyers. The government also gave infrastructure sector status to energy storage systems.

This was a part of the 2022-23 Union Budget’s focus on sunrise opportunities, energy transition and climate action.

“Considering the constraint of space in urban areas for setting up charging stations at scale, a battery swapping policy will be brought out and inter-operability standards will be formulated.