Will battery swapping catapult EVs into the mainstream?

In August last year, when the government announced the sale of electric two-wheelers and three-wheelers without a factory-fitted battery, industry and consumer alike were left a little perplexed. Fast forward to now, we realise that the government was acting with a forethought.

And in October this year, the Union minister for road transport and highways Nitin Gadkari told a conclave that 80% of two-wheelers and 30% of private vehicles will be electric by 2030.

Battery price makes up as much as 50% of an electric vehicle’s cost. An emerging trend to tackle the problem of high cost of EV adoption is battery swapping technology.