DUBLIN–(BUSINESS WIRE)–The “Strategic Analysis of Battery Swapping for Electric Three-Wheelers (E3Ws) in India” report has been added to ResearchAndMarkets.com’s offering.
This report discusses Battery-as-a-Service, the business models under it, the Indian government’s policy draft, the country’s competitor landscape of battery swapping service for electric three-wheelers, and market growth opportunities.
In the last few years, the push for sustainable mobility worldwide has become a priority, considering the deterioration of climatic conditions because of increasing CO2 levels. India is one of the largest electric three-wheeler markets and plays a significant role in this evolution.
Electric vehicle stakeholders should focus on reducing the carbon footprint, offering easy and practical charging solutions to consumers to overcome their range anxiety while creating growth opportunities that can help India’s sustainable mobility growth. However, India’s underdeveloped charging infrastructure has been one of the major challenges to the faster adoption of electric vehicles (EVs) in the country.
To overcome this challenge, market stakeholders have turned to battery swapping solutions, which can be a quick and easy way to recharge batteries by swapping the drained batteries with fully charged ones. This solution is majorly useful for the electric two and three-wheelers in the country as they require 1 or 2 batteries to be swapped.
Further, the Government of India is encouraging battery swapping solutions as a way forward for light electric vehicles in India by drafting a battery swapping policy, which is yet to be implemented officially to accelerate the electrification of light electric vehicles in the country.
Key Topics Covered:
1. Strategic Imperatives
2. Growth Opportunity Analysis
3. Battery Swapping Solutions
4. Competitive Landscape
5. Battery-as-a-Service Business Model
6. Government Initiatives
7. Growth Opportunity Universe
A selection of companies mentioned in this report includes
For more information about this report visit https://www.researchandmarkets.com/r/6lb49f
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