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Insights, Battery

P&S Intelligence United Kingdom United States of America

15.10.2020 - 12:32:55

Insights on Battery Swapping Market for Electric Two and Three Wheeler Industry: P&S Intelligence

in the years to come. Due to their higher energy density, falling prices, and environment-friendly disposal advantages, the use of Li-ion batteries in electric two- and three-wheelers is increasing rapidly. In APAC, Europe, and North America, Li-ion batteries account for 65%, 97%, and 92% of all EV batteries in use, respectively.

Browse report with detailed COVID-19 impact analysis on EV Battery Swapping For Two- and Three-Wheeler Market: By Service Type (Pay-Per-Use Model, Subscription Model), Battery Type (Lead Acid, Li-Ion), Vehicle Type (Two-Wheeler, Three-Wheeler) - Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/ev-battery-swapping-two-three-wheeler-market

In the immediate future, the EV battery swapping market for two- and three-wheeler would continue to be dominated by the two-wheeler bifurcation, under segmentation by vehicle type. Electric two-wheeler manufacturers are focusing strongly on offering consumers a longer driving range, by making the vehicles compatible with the battery swapping technology. Additionally, once the lockdown is lifted, people are expected to prefer private transportation to shared mobility, for a lower risk of infection spread.

APAC has been the largest EV battery swapping market for two- and three-wheeler in the past. The huge sales of EVs in India and China and successful incorporation of the swapping technology in Taiwan have made APAC the industry leader. All these countries have a high population density, and the customer base for two-wheelers is also rather large here, as a significant chunk of the people is middle-class.

Make enquiry about this report @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=ev-battery-swapping-two-three-wheeler-market

The EV battery swapping market for two- and three-wheeler is set to boom considerably in Europe and Rest of the World. While the scooter sharing concept is quite popular in Europe, Africa is witnessing a rapidly increasing preference for the battery swapping model for keeping the EVs running.

Partnerships Paving Way for Companies to Grow in Industry

In the EV battery swapping market for two- and three-wheeler, where the challenges are plenty, owing to its largely unorganized nature, major EV manufacturers, power distribution companies (DISCOMs), government agencies, and battery swapping and charging solution providers are entering into partnerships with each other. The following are some prominent ideas behind such industry growth strategies:

Raising funds to develop feasible electric two-wheeler solutions Securing adequate space and consistent electricity supply to carry out EV charging and battery swapping operations Expanding the portfolio of the EV brands the battery swapping services are provided for Getting intelligence on the most feasible areas across cities for setting up swapping stations Installing charging and battery swapping infrastructure at petrol pumps and gas stations

The major players in the global EV battery swapping market for two- and three-wheeler are Amara Raja Batteries Ltd., ACME Cleantech Solutions Pvt. Ltd., BattSwap Inc., Ample, Ola Electric Mobility Pvt. Ltd., Exicom Tele-Systems Ltd., Divish Mobility Pvt. Ltd. (BatteryPool), Fortum India Pvt. Ltd., Flymove Holding Ltd., GreenPack GmbH, Gogoro Inc., Leo Motors Inc., Immotor Inc., Panasonic India Pvt. Ltd., Lithion Power Pvt. Ltd., Pushme Inc., Piaggio Vehicles Pvt. Ltd., and SUN Mobility Pvt. Ltd.

Browse More Reports

India Electric Vehicle Battery Swapping Market - https://www.psmarketresearch.com/market-analysis/india-electric-vehicle-battery-swapping-market

EV Battery Swapping Market - https://www.psmarketresearch.com/market-analysis/ev-battery-swapping-market

Automotive Lithium-Ion Battery Market - https://www.psmarketresearch.com/market-analysis/automotive-lithium-ion-battery-market

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Prajneesh Kumar
P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
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