Technology Law Update: E-mobility plug and play: Considerations for e-vehicle battery swapping
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E-MOBILITY PLUG AND PLAY: CONSIDERATIONS FOR E-VEHICLE BATTERY SWAPPING
This article was originally published in CNBCTV18 on March 20, 2022.
To promote the EV industry in India, Finance Minister Nirmala Sitharaman announced in the Budget 2022 speech that a battery-swapping policy will be introduced, and interoperability standards will be formulated to enable this policy. Battery swapping or battery- as- a-service (BAAS) model could emerge as a cost-effective solution for EV usage. While BAAS is an attractive cost-effective alternative to setting up public charging infrastructure, this model could face hurdles in India. In this article, we discuss how BAAS models in india are likely to shape up.
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