Battery swapping is a technology that allows for the rapid exchange of EV batteries at dedicated stations. Instead of charging an EV in place, drivers can simply pull up to a station, swap out their depleted battery for a fully charged one, and continue their journey.
Battery swapping technology is being commercially implemented in several regions, primarily in Asia. NIO’s extensive network of swapping stations in China has demonstrated the viability of battery swapping for EVs. Gogoro’s battery swapping network for electric scooters has also been successful in urban environments. While battery swapping has yet to gain widespread adoption in other regions, several automakers and technology companies are exploring the potential of this technology.