Government think tank NITI Aayog unveiled a draft of the battery-swapping policy last month and opened it up for feedback until June 5. DH spoke with various stakeholders in the electric vehicle ecosystem to understand how they grade the draft policy and the issues it has failed to address.
Selling EVs without batteries
The draft spoke about the Battery-as-a-Service (BaaS) model that will allow users to buy EVs without batteries and then sign up for battery subscription services. This will reduce EV costs as batteries account for 40-50 per cent of their price tags.
