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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The idea of switching to electric cars (EVs) for a greener future seems fantastic on paper, but owning an EV comes with a number of difficulties, including a limited operational range, expensive battery replacement, lengthy battery charging times, and a high purchase price.
Electric vehicles (EVs) appear to be a viable choice for a more environmentally friendly society, but battery use styles need to be worked out. Battery switching, also known as battery-as-a-service, enables EV owners to swap out their worn-out batteries at the swap stations for newly charged ones. The owner can replace the depleted battery with a fully charged one.
Additionally, battery leasing can assist EV owners avoid the expense of battery purchase. Compared to hours of charging at a battery station, the service is quicker and just takes a few minutes. Additionally, minimal infrastructure is needed.
The India 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 2024 to 2030.
Amara Raja Batteries Ltd. has made intentions to transcend being only a producer of batteries for the automobile industry and other industries, and instead become a provider of energy and mobility solutions. The business anticipates that these additional endeavours will treble its compound annual growth rate.
The business completed its objectives to expand into industries including lithium-ion cell production and the creation of tools for charging and exchanging batteries in electric vehicles. New Energy will be the name of the new division.
The choice was made a few weeks after the government unveiled a PLI program to encourage the development and export of advanced chemistry cell (ACC) batteries.
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, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
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, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |