IBSA

For every EV Swapping and Charging Companies!

India Battery Swapping Association (IBSA) is an association of leading electric vehicle battery swapping and charging companies. IBSA has been working towards accelerating electric vehicle penetration through battery swapping.

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IBSA has been working closely with both centre and state governments and other relevant stakeholders to share our learnings in the battery swapping space. In this nascent and rapidly evolving space, we believe that collaborative competition encourages innovation which is key to lowering the cost to end consumers.

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After more than a decade and millions of charges delivered, we’re still pioneering new ways to make electric mobility the easy choice.

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Paving The Way For The Adoption Of EV’s In India Through Deployment Of EV Swapping Infrastructure!

K+

Battery Swapping Station

Billion Kms

Battery swapping or battery-as-a-service allows EV owners to replace the discharged batteries with charged ones at the swap stations. When the battery is discharged, the owner can change it with a fully charged one.

Benefits of Battery Swapping

Facilitating EV Adoption and Sustainable Mobility

Cost Savings and Reduced Environmental Impact

Lessened Reliance on Imports and Enhanced Resource Utilization

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Benefits of Battery Swapping

Facilitating EV Adoption and Sustainable Mobility

Battery swapping can become a self-sustainable model, reducing the need for a high number of charging stations.

Reduced dependency on government subsidies after initial scale-up

Provides a quick and efficient energy replenishment process, saving time for EV owners

Cost Savings and Reduced Environmental Impact

Cost of owning an EV will come down as the the cost of purchasing batteries is separated.

Lower vehicle downtime and acquisition costs since customers pay only for the energy used.

Potential to drive an additional 30% EV adoption and reduce carbon emissions by 38 million tons through 2030.

Helps achieve India's Net-Zero goals by promoting cleaner transportation options.

Restoring the planet one tree at a time

Lessened Reliance on Imports and Enhanced Resource Utilization

Reduces reliance on lithium and oil imports.

Increases asset utilization and encourages the use of long-life batteries.

Battery swapping could significantly reduce oil imports.

Battery Swapping Ecosystem

The global electric vehicle battery swapping market was valued at $100.1 million in 2020, and is projected to reach $1 billion by 2040, registering a CAGR of 60- 70%.

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