Battery as a Service (BaaS) & Swapping
Separating the battery cost from the vehicle asset.
Time
3 Min
Full Swap
Cost
-25%
Upfront Vehicle Price
Stations
3,000+
Global Count
Executive Summary
Battery swapping allows a 3-minute "refuel" and lowers the upfront cost of EVs by leasing the battery. It is a dominant model in China and expanding to Europe.
The "Gas Station" Model
Charging takes time. Swapping is instant. Companies like NIO and Gogoro have proven the model works at scale. By detaching the battery from the car, the user buys the chassis but subscribes to the energy. This eliminates "battery degradation anxiety" since you always get a healthy pack.
Grid Service Benefits
Swap stations are massive batteries connected to the grid. They can charge slow and low during the night and swap batteries during the day. They act as massive buffers for the electrical grid, smoothing out renewable energy intermittency. Tracking these megawatt-scale assets is a key data play.
Standardization Challenges
For swapping to go mainstream globally, packs must be standardized across manufacturers. EV.NET monitors the "modular battery" consortiums that are attempting to create a universal swap standard.
Own the Digital Infrastructure
As the market for BaaS matures, authoritative digital real estate becomes scarce. EV.NET is the category-defining asset for this sector.
Acquire Domain Asset