What is Battery Swapping Policy? How does it Work for Electric Vehicles?

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A swapping station is installed at strategic location which consists of multiple batteries getting charged constantly. An EV user can locate a swapping stations, replace the depleting battery with a charged one, put the empty battery on charge and can go to work. The important reason for the performance of the battery swapping model is the flexibility of all energy demand for transport, in a degree which is not possible to achieve in the other models: system imbalance during most of the time of the year is near to zero even without battery-to-grid.

What is Battery Swapping Policy?

The Public policy think tank Niti Aayog plans to take out a ‘battery swapping policy’ which will give electric vehicle buyers a chance not to own its battery and hence bringing down the upfront cost and fast-tracking EV adoption in the next 3-4 months. The battery swapping policy will allow the owners of electric vehicles to change their discharged batteries with the charged ones at the swapping stations within minutes, thereby bringing down the range ,tension, anxiety, battery replacement cost, and other challenges. The battery modules and tray that are the main aspects of the way Ample can fits standardized swappable batteries into many EVs without them being reengineered to forced to share a battery design. “For us, making a change is built into the model,” says de Souza. People will be benefited from battery swapping policy because the battery swapping seems to be more efficient for B2B segment than B2C segment due to the high cost of swapping batteries. The system will be financially feasible for fleet owners of e-commerce, food delivery and other such businesses on two accounts. A typical battery swap station cost according to Nio, building each station costs around $500,000, and the company plans to halve that with its next generation of swapping station. A swapping station is installed at strategic location which consists of multiple batteries getting charged constantly. An EV user can locate a swapping stations, replace the depleting battery with a charged one, put the empty battery on charge and can go to work. The important reason for the performance of the battery swapping model is the flexibility of all energy demand for transport, in a degree which is not possible to achieve in the other models: system imbalance during most of the time of the year is near to zero even without battery-to-grid.

While presenting the budget 2022-23, Finance Minister Nirmala Sithraman declared the introduction of a battery swapping policy to boost the EV ecosystem.
The Government think tank NITI Aayog has now come up to roll out a ‘battery swapping policy’ to give an option to electric vehicle buyers to not own the battery
As a result, this would bring down the cost of electric vehicles and will upscale their adoption shortly

How does battery swapping work for Electric Vehicles?

The customer shall be able to visit the outlet of the energy operator, lease the charged batteries and pay for the energy consumed.
The concept is similar to the use of LPG cylinders by consumers.
These operators shall bring the batteries in bulk and set up stations similar to petrol pumps to help EV owners swap their drained batteries
While ICE vehicles can be refilled at any petrol pump, the EV owners will have to agree an agreement with energy operators to swap batteries

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