EV ecosystem set to undergo sea-change with swapping policy

The draft battery swapping policy, released by NITI Aayog recently, is set to enable interoperability of EV batteries across various platforms. It has also standardized the technical specifications of the battery so that only those batteries that meet these standards will be used in an electric vehicle. Taking into account other key features of the […]
Draft battery swapping policy may prove to be a game-changer for EVs

In the Union Budget 2022, Finance Minister Nirmala Sitharaman had announced that the Government was set to roll out a battery swapping policy, in a bid to reduce upfront costs of purchasing EVs and drive adoption among buyers. The Government think-tank Niti Aayog came up with the policy draft on April 21 and has invited […]