Move over SaaS, It's Time for BaaS – Why Battery Swapping Can Dramatically Change EV Game

11 May 2022 | Abstracted from The Print

"The real innovation comes from the business model that [India's] Bounce Infinity is proposing with its product. Customers can buy it outright, complete with a battery, like other electric two-wheelers out there. However, customers could also buy the 'Battery as a Service' or "BaaS" - allowing customers to pay just for the e.1 upfront, as little as Rs 60,000 and then be charged every time they swap out for a fresh, fully-charged battery."

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