The electric vehicle landscape is fast evolving and rapidly growing as the global drive to save the planet gains momentum. The coming years will see many more EVs take to the roads and in India, it is expected that 80% of two and three-wheelers, 40% of buses, and 30 to 70% of cars will be […]
Battery-Swapping Revival Could Threaten Electric Car Charging Networks – EQ Mag Pro
The $1billion bankruptcy of Better Place seemed to have ended battery swapping as the way to recharge electric cars. But Chinese players are having second thoughts, and their ambitious plans for Europe and the U.S. must be spooking the nascent charging networks. Despite billions of dollars spent on speeding up battery electric vehicle (BEV) recharging […]
Battery-swapping: Industry wants inclusion of higher-range vehicles in policy – EQ Mag Pro
Chennai: Battery swapping for electric vehicles (EVs) should focus on higher-range vehicles, as lower availability of docks initially would force users to make detours for a swap, industrialists said. This came in response to a draft policy by government think tank Niti Aayog. They, however, agreed that swapping was a welcome move to jump-start the […]
How govt can use battery swapping tech to give fillip to EV industry – EQ Mag Pro
‘Battery as a Service’ business model, based on battery swapping technology, is the new talk of the EV Motown Finance Minister Nirmala Sitharaman, in the recent budget, announced the formulation of a Battery Swapping Policy and interoperability standards, which is claimed to be one of the remedies of multiple problems posed by the current model. […]
Battery swapping could be the answer to EV fire – EQ Mag Pro
In case of battery swapping, the EV battery may be cooled down when it’s charged exterior of the car. In current occasions, a number of electrical car hearth incidents have made headlines. Whereas the danger of EV hearth is considerably low in comparison with ICE automobiles, the depth of an EV hearth may be very […]
Battery swapping start-up Chargeup raises ₹18 crore – EQ Mag Pro
Delhi-based battery swapping start-up Chargeup has raised $2.5 million (Rs 18 crore) in pre-Series A round led by Capital-A and Anicut Capital. The start-up aims to set up battery swapping network for electric two- and three-wheelers. The investment round also saw participation from actors Tiger Shroff; Shraddha Kapoor; Aman and Sameer Mehta (co-founders of Boat). […]
Battery swapping, PLI scheme will prove beneficiary, says FICCI Renewable Energy CEO – EQ Mag Pro
New Delhi : Ranjit Gupta, Chairman, FICCI Renewable Energy CEOs Council and Azure Power CEO, has said that the Union government’s decision for an additional allocation of Rs 19,500 crore under the PLI scheme for manufacturing high efficiency solar photo-voltaic modules will give a huge fillip to domestic manufacturing. This will improve the availability of […]
IOC launches battery swapping facility for quick recharge of EVs
IOC is the country’s top fuel retailer, controlling close to half of the market. But, it is now making a foray into EV charging New Delhi: India’s top oil firm IOC on Friday launched a battery swapping facility for electric vehicles (EVs) at its petrol pumps, offering to replace discharged batteries with fully charged ones […]
Battery Swapping Should Come Under FAME’s Ambit: Piaggio India
Since vehicles running on battery swapping technology have been kept of out of the ambit of FAME2, the end customers cannot avail of any incentives under FAME2 scheme. Piaggio Vehicles (PVPL), a 100 per cent subsidiary of the Italian Piaggio Group, opined that the government should consider giving incentives for electric vehicles which are not […]
Include battery swapping for incentive under FAME-II scheme: FICCI
“The current guidelines of the scheme are not very clear about support for such models. Hence, the need for clarification,” it said. NEW DELHI: Industry chamber FICCI Friday called for inclusion of battery swapping model of charging for incentives under FAME-II scheme to help acceleration of electric mobility in India. The Rs 10,000-crore Faster Adoption […]