Niti Aayog to roll out EV battery swapping policy in four months - Business News: Latest News & Videos about market and economy | Trendmergers

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Niti Aayog to roll out EV battery swapping policy in four months

The proposed policy will introduce disruptive business models such as battery as a service (BaaS), leasing, etc so that electric two-wheeler and three-wheeler customers need not own the battery, which is about 50% of the total vehicle cost, bringing down the upfront vehicle cost much below the ICE counterparts.

from Industry-Economic Times
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