Limited charging speed and availability have been major barriers to electric vehicle adoption, and fast-charging stations are currently the most popular way to quickly add range to vehicles. However, the additional power demands can stress the electrical grid, prompting re-consideration of other solutions like battery swapping. Although battery swapping failed nearly a decade ago, it is now being considering for supporting taxi fleets in urban environments. In this report, Lux analyzes and compares costs for deploying battery-swapping infrastructure to support taxis in cities and offer our take on how promising battery swapping can be as a fast-charging alternative.
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