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.
While Tesla and others focused on bigger batteries and faster charging, Nio invested in customer experience, infrastructure, and leasing programs.for EV adoption: consumers’ range anxiety and the long waiting time for batteryfully 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?Range anxiety has been one of the most significant barriers for electric vehicle adoption among consumers.
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