Is battery swapping the answer for India’s two-wheeler segment?

Indian start-up WeSwap Mobility is tackling range anxiety with its battery swapping technology for two- and three-wheeled vehicles. By Sam Steers

In India, customers looking to purchase an electric two - or three-wheeler can choose whether their new vehicle comes with a fixed battery or not. India’s Ministry of Transport and Highways made the decision to allow the sale of electric vehicles (EVs) without pre-fitted batteries as a cost-reduction strategy since batteries account for 30 to 40% of the vehicle’s total value. This provides the EV ecosystem with a much-needed economic boost.

If a customer chooses not to fit a battery to their vehicle, they can lease a battery from players like EV start-up WeSwap Mobility. These batteries remain the asset of the provider and can be leased from any WeSwap battery station.

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