The Indian EV battery swapping market was valued at USD 10.2 million in 2022, and this number is expected to reach USD 61.57 million by 2030, advancing at a CAGR of 25.20% during 2022–2030, according to P&S Intelligence. This can be credited to the decreased upfront prices for electrical vehicles and no wait time for charging. Because of the increasing … Continua a leggere
The Indian used car market is projected to contribute $70.8 billion in 2030, advancing at a rate of 14.8% from 2021 to 2030, ascribed to the rising demand for preowned cars in the nation, led by the increasing consumer focus on affordable high-quality vehicles and growing popularity for imported cars. In addition, the enhanced quality of used cars after extensive … Continua a leggere
Battery swapping means the exchange of a discharged battery for a charged battery at a swapping station. It has been gaining popularity in the industry as a key to comfort range concern, one of the prime impediments to the large-scale acceptance of electric vehicles. Presently, it often takes four to five hours to completely charge the batteries of two-wheeler and … Continua a leggere