EV Battery Swapping Market Size, Trends, Growth Opportunities post after COVID19 Outbreak

1. EV Battery Swapping Market Dynamics Trends, Segmentation, Key Players And Forecast 1 ©P&SIntelligence.Allrightsreserved

2. Battery swapping significantly reduces the battery charging wait time of the electric vehicles (EVs) and are thus, being increasingly preferred by the users across the world. The wapping of batteries of an electric vehicle lowers the wait time of charging from at least 1.5 to 2 hours (time required for charging in the battery charging stations) to under three minutes (the time taken for battery swapping). In addition to this, the improving battery life of electric vehicles is further boosting the popularity of battery swapping all over the world. There are also other major factors which fuel the surge in the requirement of battery swapping such as the ability of the swapped batteries to enhance the performance of the EV and provide higher remunerative opportunities to the shared e-mobility service providers throughout the world. Moreover, the increasing adoption of EVs in several countries is massively pushing the demand for battery swapping. As a result, the global electric vehicle battery swapping market is predicted to record huge expansion during the forecast period (2020—2030). Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/ev- battery-swapping-market/report-sample Across the globe, the electric vehicle battery swapping market is predicted to register the highest growth in the Asia-Pacific (APAC) region during the forecast period, owing to the increasing number of initiatives being taken by many Chinese electric vehicle producing companies for the evolution of EV battery swapping technologies. For example, NIO Inc., which is a China-based automobile manufacturing company, is developing stations for EV battery swapping in multiple cities across the country, with almost 80 battery swapping stations already installed in the major cities of the country by 2018. Hence, it can be said with full confidence that the popularity of electric vehicle battery swapping will surge all over the world in the coming years, due to the increasing adoption of EVs around the world and its various advantages such as reduced down-time and the ability to enhance the life spans and performance of electric vehicles. Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send- enquiry?enquiry-url=ev-battery-swapping-market This study covers Historical and the present size of the electric vehicle battery swapping market Major factors driving the market and their impact during the short, medium, and long terms Market restraints and their impact during the short, medium, and long terms Recent trends and evolving opportunities for the market participants Historical and the present size of the market segments and understand their comparative future potential Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

3. Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders Major players operating in the market and their service offerings Recent strategic developments by the major players in the market 3 ©P&SIntelligence.Allrightsreserved

4. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd.

5. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 4 ©P&SIntelligence.Allrightsreserved