Key Takeaways from Draft Battery Swapping Policy According to some latest news reports, the government is likely to notify EV Battery Swapping Policy in the next 15 to 30 days

By S Shanthi

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Unsplash

Battery swapping technology reduces the upfront cost of an electric vehicle (EV) by almost half and it also reduces the time to charge the vehicle. These are some of the many reasons behind the increasing demand for battery swapping technology across the globe. For the uninitiated, battery swapping means replacing discharged batteries or partially charged batteries of EVs by charged batteries manually or mechanically.

The global electric vehicle battery swapping market size is expected to hit around $ 857.6 million by 2030 and is anticipated to grow at a CAGR of 23.85 per cent over the forecast period 2022 to 2030, says the Precedence Research.

India is also bracing for the same to promote faster adoption of EVs. During Budget 2022-2023, the government announced plans to introduce a Battery Swapping Policy and interoperability standards. The idea was to build and improve the efficiency of the battery swapping ecosystem and thereby drive EV adoption.

In April this year, NITI Aayog released a draft battery swapping policy for the EV industry and according to some latest news reports, the government is likely to notify EV Battery Swapping Policy in the next 15 to 30 days. Battery swapping offers three key advantages relative to charging: it is time, space, and cost-efficient, provided each swappable battery is actively used, the government think tank said in the draft.

"Battery swapping is still nascent in India but gaining ground, especially for commercial and fleet operations. There are currently a limited number of battery swapping service providers that have been engaging with original equipment manufacturers (OEMs), individual/commercial users, and other relevant stakeholders, to develop ecosystems of swapping services with compatible components (batteries, vehicles, chargers, etc.) within each ecosystem," said the draft.

Here are some more key takeaways from the draft battery swapping policy for the EV industry.

Who fits the bill

The Policy will only support batteries using "Advanced Chemistry Cells" (ACC), with performance that is equivalent or superior to EV batteries supported under the FAME-II scheme. Additional specifications or standards for batteries eligible under this Policy shall be applied from time to time, based on relevant policies and schemes in practice.

Battery providers must demonstrate end-to-end compatibility between batteries and other components of the swapping ecosystem, all of which must be certified under appropriate processes defined or referred to under Section 5.2. of this Policy.

Unique Identification Number

To implement unique traceability across the battery lifecycle, a Unique Identification Number (UIN) shall be assigned at the manufacturing stage for tracking and monitoring EV batteries.

"Various tracking and tracing solutions are used in different industry sectors, and an appropriate system may be applied for EV batteries which is tamper-proof and allows centralized monitoring," it said.

The standard or generic methodology and the detailed definition of the UIN system for EV batteries will be developed by the relevant authorities. Similarly, a UIN number will be assigned to each Battery Swapping Station.

Safety aspects

Batteries shall be tested and certified as per AIS 156 (2020) and AIS 038 Rev 2 (2020) standards for safety of traction battery packs, as well as additional tests that may be prescribed for swappable batteries which are subject to multiple coupling/ decoupling processes at the connectors.

The Electric Vehicle Supply Equipment (EVSE) used at the swapping station must be tested and approved by the National Accreditation Board for Testing and Calibration Laboratories (NABL) or agency appointed by the central nodal agency for battery swapping.

To ensure battery safety and security of assets, swappable batteries will be equipped with advanced features like IoT-based battery monitoring systems, remote monitoring & immobilization capabilities, and other required control features.

S Shanthi

Former Senior Assistant Editor

Shanthi specializes in writing sector-specific trends, interviews and startup profiles. She has worked as a feature writer for over a decade in several print and digital media companies. 

 

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

News and Trends

NeoSapien Secures INR 80 Lakhs on Shark Tank India 4 for AI Wearable

Founded in 2024 by Dhananjay Yadav and Aryan Yadav, NeoSapien aims to integrate AI into daily life through its wearable technology

News and Trends

PAG Acquires Majority Stake in Pharma Packaging Player Pravesha Industries

This move underscores PAG's continued focus on India's burgeoning packaging industry, following its recent investment in Manjushree Technopack.

News and Trends

Cornerstone Ventures Secures First Close of USD 200 Mn Fund-II at USD 40 Mn, Welcomes Suresh Pareek as General Partner

The second fund will target a range of sectors, including financial services, retail, e-commerce, healthcare, and supply chain, while also focusing on sector-agnostic core technology innovations.