Battery swapping has the following benefits:
๐ Fast battery swapping under five minutes.
๐ Unlimited driving range where there are battery switch stations available.
๐ The driver does not have to get out of the car while the battery is swapped.
๐ The driver does not own the battery in the car, transferring costs over the battery, battery life, maintenance, capital cost, quality, technology, and warranty to the battery switch station company.
๐ Contract with battery switch company could subsidize the electric vehicle at a price lower than equivalent petrol cars.
๐ The spare batteries at swap stations could participate in vehicle to grid storage.