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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
Even though electric vehicles (EVs) are increasing in popularity throughout the globe, complaints about their limited range and protracted charging times are still made. Battery shifting is a long-used method that is more frequently employed for small electric vehicles like scooters.
Swapping out a vehicle's exhausted battery for a fully charged one is exactly what it sounds like. While it is possible to accomplish this manually, several countries have already automated the process.
Battery switching provides a number of benefits. The first advantage is time savings because changing a vehicle battery only takes around 10 minutes.
This happens so swiftly that even even the quickest charging times can match it. A further benefit of battery switching is that it can lower the overall cost of EVs. As one of the most expensive components of an EV, making batteries a distinct component could help bring down prices.
Furthermore, increased battery turnover can make it simpler for manufacturers to detect battery issues. Consistent charging practices may lengthen battery life and boost battery rotation.
The Austria EV Battery Swapping Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
A new battery-change service has been introduced by German battery-electric vehicle (BEV) maker e.GO Mobile, enabling customers to swap out nearly-drained batteries for fully charged ones.
According to the startup, there are just a handful of businesses providing this sort of service. Battery changing is viewed by e.GO Mobile, an independent automaker, is a tool to further pique consumer interest.
The service, according to the BEV manufacturer, is meant to give e.GO users confidence in the infrequent or unanticipated need to travel a longer distance. The business provides free battery switching as part of its objective to promote lifetime sustainability in urban transportation.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |