Battery swapping is a technology that could solve one key barrier for EV adoption: consumers’ range anxiety and the long waiting time for battery charging. Wouldn’t you feel more assured on a weekend trip if you knew you could stop at a swap station and replace depleted battery packs with fully charged ones in five minutes? But this isn’t easy to do, as Tesla and Better Place’s past failures. In China, however, battery swapping has been a reality for a couple of years. How did Chinese companies like Nio make it work with 2,300 swapping stations nationwide? What can companies outside China learn from the Chinese experience?
That’s like asking who owns a propane tanks for your grill. You own it while you have it.
When you get a new batter, you own the new one, and relinquish ownership of the previous one, paying for the electricity that’s on the new battery. AS LONG AS the battery that you’re relinquishing is substantially identical to the new battery.
That “substantially identical” is up for heavy debate.