Electric Vehicle Battery Swapping Market Growth, Share, Trends, Revenue, Key Manufacturer, Competition, Business Opportunities and Forecast 2028: Markntel Advisors
Moreover, battery swapping also requires standardized battery designs & compatibility across different EV models. However, the EV industry currently lacks a universal standard for battery sizes, shapes, & connection mechanisms, which hinders the scalability & efficiency of battery swapping services and acts as another prominent growth restraint for the market.