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Executive Summary
Electricity molecules

Cost Comparison of Battery Swapping and Fast Charging for Electric Vehicles

Jessica Hernandez

Jessica Hernandez

Analyst

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Christopher Robinson

Christopher Robinson

Director, Research

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Arij van Berkel, Ph.D.

Arij van Berkel, Ph.D.

Senior Vice President, Group Director

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Limited charging speed and availability have been major barriers to electric vehicle adoption, and fast-charging stations are currently the most popular way to quickly add range to vehicles. However, the additional power demands can stress the electrical grid, prompting re-consideration of other solutions like battery swapping. Although battery swapping failed nearly a decade ago, it is now being considering for supporting taxi fleets in urban environments.  

In this report, Lux analyzes and compares costs for deploying battery-swapping infrastructure to support taxis in cities and offer our take on how promising battery swapping can be as a fast-charging alternative.

Download the executive summary to learn more.

https://www.luxresearchinc.com/wp-content/uploads/2022/10/lux-research-cost-comparison-of-battery-swapping-and-fast-charging-for-electric-vehicles-executive-summary.pdf
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Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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