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Battery swapping for electric two-wheelers in India: strategy hinterlands

Created with support from NITI Aayog, this work explores the emerging landscape of battery swapping for electric two-wheelers (E2Ws) in India. There are clear benefits to battery swapping, a plug-and-play solution for charging the battery of an electric vehicle, and it takes just a few minutes to charge an E2W. Because battery-swappable E2Ws are sold without a pre-fitted battery, their upfront cost is significantly lower than those that include a battery, and this can be an important consumer benefit in a price-sensitive market like India.