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EV Battery Swapping

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EV BATTERY SWAPPING – THE TRANSFORMATION OF URBAN MOBILITY 2021

For decades, technology, in the modern sense, has improved the lives of millions. As we close the digital age and enter the information age, we often find ourselves bombarded by the latest wave of technology.

Introduction

Today, we can perform life-saving surgery with a robot, and surf all the knowledge from powerful computers that fit into the palm of our hands. And one such current buzzing technology is EV battery swapping. Battery swapping is a swap and go method that lets consumers replace fully charged batteries on the spot. Battery technology is steadily improving as time goes on and EVs are marked as a major trend. Also, EV battery swapping could be an exhilarating achievement of the electric mobility sector going forward.

So, can battery swapping improve the lives of millions and address climate change, now and in the future? Let’s deep dive and find out in this article.

Can battery swapping be a solution to urban mobility?

By 2050, many cities will be home to many more people than they are now. This growing population is exerting pressure on already strained urban infrastructure, and the world must find ways to increase the efficiency of our transportation systems. One definite option could be electric vehicles.

Also, there are essential concerns of the prospective electric vehicle buyers such as battery replacement for every 3 to 5 years, less driving range, long charging time and, overall high cost of owning an electric vehicle. Hence, battery swapping is a good solution because it saves space, energy, time, and it allows customers to top off at charging stations, without leaving their vehicle.

What actually is EV Battery Swapping Technology?

EV Battery swapping is an alternative to charging your vehicle’s battery after a specific distance. When you swap a battery, the exhausted one is removed and a charged one takes its place. This reduces the time it takes to charge a battery and saves on fuel costs since you don’t have to recharge the battery while driving.

This is a technology that has been around for a while but has not gained much traction. It offers an alternative to having to deal with charging times which is one of the major limitations of zero-emission vehicles. This technology provides a way to reduce range anxiety.

Key players involved in battery swapping technology in India

Global electric vehicle battery swapping system revenue & market share

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Top Regions & manufacturers contributing electric vehicle battery swapping system

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