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ELECTRIC VEHICLE BATTERY SWAPPING SYSTEM MARKET ANALYSIS

Electric Vehicle Battery Swapping Market, By Service Type (Subscription model, and Pay-per-use model), By Vehicle Type (Two-wheeler, Three-wheeler passenger vehicle, Three-wheeler light commercial vehicle, Four-wheeler light commercial vehicle, Buses, and Others), And By Geography (North America, Europe, Asia Pacific, Latin America)-

Market News

Global Electric Vehicle Battery Swapping Market: Key Developments

In September 2022, Gogoro Inc., a battery-swapping refueling platform developer launched Smart Scooters as well as a battery-swapping system in the Tel Aviv metropolitan region.

In September 2022, Oyika Pte Ltd. signed a Memorandum of Understanding (MOU) with NEFIN Group, a leading green independent power producing company in Asia, for promoting the adoption of EVs in Singapore, Malaysia, Cambodia, Indonesia, and Thailand.

In August 2022, NIO Power began testing of 3rd generation battery swapping stations capable of sending power back to the grid. When an EV driver is replacing their battery at the charging station, other ten or eleven batteries can be sent back to the grid for nearly ten minutes.

In February 2022, MG Motors exhibited the MG 4, its upcoming EV which will be launched in India in second half of 2022. The novel EV is expected to have 61.1 kWh battery pack with 400 km mileage.

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