Battery swapping is a technology that could solve one key barrier for EV adoption: consumers’ range anxiety and the long waiting time for battery charging. Wouldn’t you feel more assured on a weekend trip if you knew you could stop at a swap station and replace depleted battery packs with fully charged ones in five minutes? But this isn’t easy to do, as Tesla and Better Place’s past failures. In China, however, battery swapping has been a reality for a couple of years. How did Chinese companies like Nio make it work with 2,300 swapping stations nationwide? What can companies outside China learn from the Chinese experience?
In my head the batteries would work somewhat like the electric scooters you can rent around big cities. There would be battery companies that pay stations to stock their batteries. Then EV owners pay for the juice they used, plus a little extra for the wear, plus a little extra to make it worth it for the battery companies when they swap to a new battery. So you’re essentially renting the batteries.