“Electric vehicles” (EVs) has been the buzz word over the past few years – and rightfully so. A closer look at this sector would reveal that the most fundamental piece in the EV jigsaw puzzle is battery technology. The existence of easily accessible and widespread network of charging infrastructure in whatsoever form, becomes essential to the large-scale adoption of electric mobility. Even the national finance policy vide the 2022 Union Budget proposed the roll out of a policy on battery swapping – which would, of course, lead to several innovative business models in the battery technology space.
Battery-as-a-Service (BaaS): The Revolution Ahead | SCC Times (2024)
