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August 26, 2020
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Further Reading
Uber attempts to eat the competition with proposed Grubhub acquisition
Case Study | June 08, 2020
A major confluence of emerging digital capabilities and gig economy business models spurred innovative companies that helped commoditize access to consumer goods and services. While transportation network companies quickly dominated the on‑demand transportation market, digital ordering and food ... Not part of subscription
BAIC's battery swapping scheme for taxi fleets and private drivers grows in China
Case Study | June 26, 2020
While in the U.S., battery swapping solutions have struggled, in China, they are finding certain levels of success. China is the biggest electric vehicle (EV) market in the world and, with extended subsidies for battery electric vehicles (BEV) until 2022, is looking to drive further growth in ... Not part of subscription
Oye Rickshaw
Company Snapshot | March 29, 2021
The company was founded by Mohit Sharma and Akashdeep Singh in an effort to improve local first‑ and last‑mile mobility; the company develops an e‑rickshaw aggregator platform that connects commuters to rides on demand. To date, the company has raised about $12 million and has completed more than 3 ... To read more, click here.
by Christopher Robinson
Although electric vehicles are competitive on a total cost of ownership basis in most regions, high upfront costs are still a barrier for many potential customers. Attempts to decouple the costs of the battery and the costs of the vehicle are not new, as Renault has offered a similar battery leasing option on its Zoe. The two reduce the vehicle cost by roughly $10,000 and are leased for between $100 and $150 per month. However, Nio's battery swapping network offers more flexibility to introduce new battery chemistries and allows customers to change their battery size while owning the vehicle. For these reasons, and the fact that it is bringing in partners to help finance the business, clients should view Nio's announcement as favorable.
For the original news article, click here .