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Mint
@livemint
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Feb 18, 2022, 5 tweets

#MintPrimer | Federal think tank NITI Aayog is holding a consultation on the upcoming electric vehicle (EV) battery swapping policy on Friday. Battery-as-a-service (BaaS) is seen as a viable charging alternative.

(By @Alisha2494) | Read: bit.ly/3s0PFZ4

#MitPrimer | Manufacturers can sell EVs in two forms: Vehicles with fixed or removable batteries and vehicles with batteries on lease.

(By @Alisha2494) | Read: bit.ly/3s0PFZ4

#MintPrimer | There are economic and operational constraints. Energy service providers offering swapping solutions have to charge 18% goods and services tax (GST) for swapping, compared to 5% GST on the purchase of an EV.

Read: livemint.com/auto-news/is-b…

#MintPrimer | SUN Mobility, a swapping service provider, and Gogoro, which is set to  debut  in  India with  a two-wheeler product in partnership with Hero MotoCorp

Read: livemint.com/auto-news/is-b…

#MintPrimer | Bengaluru-based startup Bounce is the first e-two-wheeler maker to sell its scooters with BaaS, and claims to have achieved a million battery swaps.

Read: livemint.com/auto-news/is-b…

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