Bill Spindle of Cipher writes on battery swapping for small vehicles.
- EVs are more efficient and cheaper over time than internal combustion vehicles but their higher upfront cost discourages many buyers from making the switch.
- Sun Mobility in India is addressing this problem with battery swapping for two and three-wheeled vehicles.
- Rather than owning the battery, which is the most expensive part of an EV, drivers can pay a monthly fee for access to battery charging and swapping kiosks throughout cities.
- This not only lowers costs for drivers, but it also reduces strain on the grid due to the smaller size of the batteries.
“Battery swapping in India has taken off in the past five years through a confluence of technological advances and social and economic forces. Batteries have improved as their costs have fallen dramatically. Meanwhile, India has furiously built digital infrastructure and Indians have snapped up smart phones, allowing even some of the lowest-income people to tap into digital networks.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
