EV industry to get big push from battery swapping policy
POWER & RENEWABLE ENERGY

EV industry to get big push from battery swapping policy

The electric vehicle (EV) industry will get a boost, certainly in public transport due to the formulation of a Battery Swapping Policy announced by Finance Minister Nirmala Sitharaman in the budget speech. It presents an affordable option to the big issue of range anxiety.

The battery swapping enables consumers with a replacement for depleted batteries with fully-charged batteries at specific stations. This leads to a reduction in the charging time for EVs to only a few minutes, which makes it comparable to conventional vehicles.

The provision for interoperability standards in the budget will enable the EV industry’s collaborations and increase the pace of developing battery swapping networks in India.

The reduction in charging time due to battery swapping increases the use of EVs purchased for commercial purposes. Therefore, assisting buyers in achieving a break-even soon.

Additionally, it will motivate delivery and car aggregation businesses to incorporate EVs into their fleet.

The finance minister mentioned that the private sector organisations are encouraged to provide battery or energy as a service. This will help in creating new avenues for organisations to form business ventures with businesses of battery swapping.

The Battery swapping policy includes interoperability that could boost all the startups currently working in this industry. Sun Mobility, Charge up, Battery Smart, and Bounce are a few startups in the field.

Image Source

The electric vehicle (EV) industry will get a boost, certainly in public transport due to the formulation of a Battery Swapping Policy announced by Finance Minister Nirmala Sitharaman in the budget speech. It presents an affordable option to the big issue of range anxiety. The battery swapping enables consumers with a replacement for depleted batteries with fully-charged batteries at specific stations. This leads to a reduction in the charging time for EVs to only a few minutes, which makes it comparable to conventional vehicles. The provision for interoperability standards in the budget will enable the EV industry’s collaborations and increase the pace of developing battery swapping networks in India. The reduction in charging time due to battery swapping increases the use of EVs purchased for commercial purposes. Therefore, assisting buyers in achieving a break-even soon. Additionally, it will motivate delivery and car aggregation businesses to incorporate EVs into their fleet. The finance minister mentioned that the private sector organisations are encouraged to provide battery or energy as a service. This will help in creating new avenues for organisations to form business ventures with businesses of battery swapping. The Battery swapping policy includes interoperability that could boost all the startups currently working in this industry. Sun Mobility, Charge up, Battery Smart, and Bounce are a few startups in the field. Image Source

Next Story
Real Estate

Delhi Plans Rs 20 Billion Twin-Tower Secretariat At ITO

The Public Works Department (PWD) has proposed an ambitious plan to construct a twin-tower secretariat complex at ITO in central Delhi, bringing together all scattered government offices under a single roof. The project, estimated to cost over Rs 20 billion, aims to create a modern governance hub that will reshape the city’s skyline.According to officials familiar with the plan, the proposal is awaiting approval from the PWD minister before being presented to the Delhi cabinet. If sanctioned, the new complex will replace Vikas Minar and an adjoining office block that currently houses the Del..

Next Story
Real Estate

UP E-Auction Raises Rs 11.68 Billion, Sets Real Estate Record

The Uttar Pradesh Housing and Development Board (UPHDB) has achieved a landmark milestone by raising Rs 11.68 billion through the sale of 992 properties in a mega e-auction held on Vijayadashami. Conducted under the leadership of Chief Minister Yogi Adityanath, the fully digital auction marked one of the largest real estate events in the state’s history, reinforcing investor confidence and transparency in governance.Held on 30 September 2025, the e-auction covered seven districts — including Lucknow, Kanpur, Agra, Aligarh, Moradabad, Ghaziabad, and Kasganj. The properties included 391 resi..

Next Story
Real Estate

Redevelopment Of Kamathipura Moves Ahead With Two Bids

The long-delayed redevelopment of Kamathipura, one of South Mumbai’s oldest and most congested neighbourhoods, has finally progressed, with the Mumbai Building Repairs and Reconstruction Board (MBRRB) of MHADA receiving two bids for the project.The bids, submitted by J Kumar Infraprojects Limited and AATK Construction, pave the way for technical evaluation and the next stage of the process. According to officials, the financial bids will be opened shortly, after which the proposals will be forwarded to the Maharashtra state government for final approval.In parallel, MBRRB has initiated a bio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?