EV Price range 2022: An electrical future: Will Price range 2022 sign the daybreak of battery swapping or stifle innovation?

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It’s now clear that the way forward for mobility in India over the subsequent decade goes to be outlined by the electrification of private, public and industrial transport. The gross sales of EVs over the past yr appear to point this as there may be over 5x progress within the annual gross sales of electrical 2Ws up to now on this monetary yr.

Nonetheless, the EV penetration remains to be extraordinarily low at 0.8%. One of many key causes for this sluggish adoption is vary anxiousness and lack of charging infrastructure. Whereas there are at present 610,000 electrical automobiles on the highway in India, there are solely 2000 public charging stations.

Earlier than this price range, a lot of the authorities insurance policies corresponding to “Sooner adoption and manufacturing of Hybrid and Electrical automobiles (FAME)” and “Manufacturing linked incentive scheme (PLI)” have been created to incentivize OEM producers to supply EVs. The federal government has rightly recognized the assist charging infrastructure as a bottleneck for elevated adoption of electrical automobiles in India. Inside charging infrastructure, there was recognition for the primary time for battery swapping with an announcement for a battery swapping coverage within the works.

India is primarily a 2 and 3-wheeler nation. Over 80% of the nation’s car gross sales are of 2Ws and 3Ws. The simplicity of auto design and the smaller battery packs wanted to energy the electrical variations of two/3Ws makes them a chief candidate for swapping.

The discharged battery packs (concerning the measurement of a shoebox) in these 2/3W EVs will be faraway from the car and “swapped” out manually for a completely charged battery pack at a battery swapping station. The discharged battery is then charged on the swapping for one more consumer. The complete course of takes lower than 2 minutes versus having to attend as much as 5 hours to recharge the battery through plug in chargers.

The battery swapping mannequin for recharging 2/3W EVs helps solely remove the requirement of establishing such particular person plug-in charging factors at parking spots. Establishing such charging factors could be a problem in crowded city areas that usually have very restricted formal parking spots for two/3W EVs. Alternatively, a single swapping station is ready to cater to charging of a number of automobiles’ battery packs at a single location.

Immediately, battery swapping is already seeing vast adoption within the industrial 2/3 W EV use case (e.g. e-rickshaws and final mile supply operators), the place they remove the necessity for the drivers to search out charging factors and any car downtime related to recharging.

The announcement of a swapping coverage additionally made a point out of interoperability requirements. Such requirements have the potential to take swapping mainstream and create new and modern enterprise fashions round car possession. Automobiles will be offered with out battery packs bringing down upfront prices of EVs. These batteries can then be offered on a per swap foundation by battery swapping service operators to EV homeowners.

Within the absence of battery requirements, each OEM would have their very own battery packs and swapping operators must select which OEM’s battery pack they want to supply. The enterprise mannequin for a swapping service wouldn’t be viable because the battery packs would solely be appropriate with automobiles belonging to 1 OEM (think about if Indian Oil’s or HPCL’s petrol was appropriate with just one OEM’s car). Interoperability will guarantee utilization throughout OEMs guaranteeing most utilization of the battery packs being offered within the swapping service.

It will, nonetheless, be attention-grabbing to see how the interoperability requirements play out within the trade. A giant concern within the trade could be round whether or not such a standardization can stifle innovation in battery packs and EVs. Battery packs being one of many bulkiest parts of the EVs must be factored in when the car is being designed. With particular requirements, OEMs may lose flexibility over their car’s design and engineering. They might additionally lose the power to create a differentiated product round battery pack efficiency to be able to adjust to mandated requirements.

Regardless of these considerations, a battery swapping coverage might be a transparent step in the direction of making battery swapping mainstream and offering it as a viable different to establishing infrastructure of plug-in chargers for recharging of EVs in India.

(Ashwin Shankar is Founding father of BatteryPool, a startup that builds swapping stations for electrical 2/3 wheelers. Devang Ok, a pupil at OP Jindal College additionally contributed to this text.)

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