Ask HN: Who is building battery swapping technology for electric cars?

1 points by jeshwanth 8 years ago | 3 comments

thisisit 8 years ago |

Something to do with the Niti Ayog's idea?

https://yourstory.com/2017/11/battery-swapping-boon-bane-ind...

jeshwanth 8 years ago | |

Very good write up, I was thinking about robotic system which replaces battery by itself for any vehicle provided OEM's provide the automatic battery replacement feature in it.

It really works in many use cases in India, but not thought about the other part - Business. This article explains that well. I know Sun mobility is already working on it along tie up with OEMs, I can see the way they are hiring robotics engineers. And it looks like a very good business considering future electric cars, I am sure about users but skeptical about the profit.

thisisit 8 years ago | | |

If I am not wrong, Sun Mobility manufactures the Reva brand of vehicles of so not surprising.

But, is battery swapping a good business? I doubt it because people balk at the idea of taking stuff on bhade pe, specially if they have a long time use.

I have no doubt on EVs and related business will boom sometime but not in recent future. Even a network for repairing network which allows companies to offload their capacity to service cars will work wonders.

But, obviously as person in IT we have no idea:

a. How to get huge amount of loans like these conglomerates . Look at Reliance they got Jio running with nearly $1.5 billion in debt. Now they are building a battery unit, which again should be financed using debt.

b. How to get into the market

c. How to calculate profit :)