Highlights of the story
- Customers will get 3-3 benefits
- The car battery can be rented
- Electric vehicles will be cheaper
In order to encourage electric vehicles in the country, the government had announced to introduce the policy of exchanging batteries of electric vehicles in the budget and make the exchange of batteries interoperable. Now Niti Aayog recently held an important meeting on what this electric vehicle battery exchange policy should look like, what are the important things that are included in it. This policy will also be implemented soon. What is the benefit of this policy for the common man and what things will be included, what is the opinion of the experts on this, let’s understand everything …
First you know what the battery change is?
Currently, of the number of electric vehicles in the country, very few come with removable batteries. Some of these options are also available in 2-wheeled vehicles, but now there is no such option in 4-wheeled vehicles. In the battery change, the driver has the option to replace the zero-charged battery with a fully charged battery at the change station. But there are many problems with this system …
Battery change issues
Fully implementing battery exchange in the current system is a somewhat difficult task. The reason for this is that different electric vehicle companies manufacture their own batteries. In this situation, they have to go to their operated change station to change them, as the electric scooter company Bounce Infinity currently offers battery change service in some cities. That is, customers can buy the scooter from this company without a battery and can use the battery as a service by renting the battery.
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Meaning of the NITI Aayog meeting
The government wants more and more people to use electric vehicles in the country. In this situation, the main objective of introducing a policy of exchanging batteries for electric vehicles is to reduce their price. NITI Aayog had invited all stakeholders to make suggestions by June 5 and has now held its first meeting to prepare its draft. Sources say this policy can be implemented in the next 3 or 4 months. Now we know what the battery exchange policy will be …
After all, what will be the battery exchange policy?
In her budget speech, Finance Minister Nirmala Sitharaman had made two things clear about this policy, such as battery standardization and interoperability. Interoperability is the most important point of this whole policy. This simply means that the government wants to set this battery standard so that the battery of the same size or design can fit in the electric vehicle of any company.
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How will interoperability work?
As for interoperability, says Amit Bhatt, CEO of India, The International Council on Clean Transportation, this only means that the customer can use the battery of any electric vehicle on anyone, regardless of the company or the Mark. This means that the government can set a standard on battery size and capacity, so customers can easily change their batteries at the battery change station. It will also set compatibility standards for the battery pack, connectors, and software, so that as soon as the new battery is installed, it will work in conjunction with the battery management system and the vehicle’s engine controller. This will set the standard for batteries in the near future and reduce the risk (recent fire incidents).
What will the battery change system look like?
After pursuing this policy, a new type of business will be born as Battery Swapping Operator (BSO), because in the proposed policy, the government can provide a new business model of Battery as a Service (BaaS). With this, people will have the option to buy or not the battery with the car and customers who will not buy the battery will be able to use it by renting it. In this regard, Akshima T. Ghate, CEO of RMI (Rocky Mountain Institute), says battery exchange can be a good solution for 2- and 3-wheel electric vehicles. They also have the highest share in the total electric vehicles in the country. Apart from this, it can also be very effective in the B2B segment. Recently, RMI in collaboration with NITI Aayog had also published a report on electric vehicle financing.
NITI Aayog president Amitabh Kant also said in an interview that with some startups, battery replacement tests were done for 2- and 3-wheel electric vehicles and these experiments have been successful.
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Customers will get 3-3 benefits
If the government’s battery exchange policy is implemented with interoperability, there will be 3-3 benefits for the common man. First, it will be easier for you to buy electric vehicles, because their cost will be lower. The second common man will be able to use the rental battery, that is, from where he will get a cheaper option, he will be able to take the rental battery from there. At the same time, Samarth Kochhar, CEO of battery maker Trontec, says the battery exchange policy will eliminate the anxiety of the scope that lies between the common man, as it only takes a few minutes to replace an empty battery with a fully charged battery. battery exchange station. If used, it will end the worry of customers running out of battery in the middle of the road.
At the same time, Rajat Verma, CEO of Loham Battery, says the government should also pay attention to the battery recycling policy, because if such large quantities of batteries are manufactured and used, they should also be recycled. correctly.
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