The extensions of EV battery swapping, from G V Sanjay Reddy’s standpoint
With Finance Minister Nirmala Sitharaman stating the government’s desire to establish a policy for battery swapping and outline interoperability standards, electric vehicle adoption, particularly in the public transportation segment, is projected to increase. G V Sanjay Reddy illustrates how EV battery as a service will evolve through innovative ideas. “The electric vehicle industry has seen great growth in the previous year, and the government has recognised that EVs are the way forward in the mobility sector. As a result, the announcement of the Hon’ble Finance Minister to begin the battery swapping and standardisation process is laudable. This step will pave the way for the country’s electric vehicle and energy sectors to expand and prosper,” expresses G V Sanjay Reddy. This Budget is focused on overall growth, with a strong focus on digitisation, electrification, infrastructure development, and ease of doing business, with the goal of propelling the Indian e...