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How many new energy vehicle drivers will be able to change batteries?

With about 1,300 charging piles, it is expected to serve over 500,000 new energy vehicle (NEV) drivers, according to State Grid Jiangsu Electric Power Co., Ltd. Battery swap facilities, which allow vehicles to change batteries in just 80 seconds, will also be introduced, starting with Wuxi, before being promoted across the entire zone.

Do EV owners need to pay for new batteries?

K. Zé Liu, a research analyst at World Resources Institute, pointed out that with the battery swap model, EV owners don’t need to pay for new batteries, which are the most expensive component of a new energy vehicle. “This reduces the cost of cars and is very attractive for commercial fleet companies.

Can a battery swap station replace a depleted EV battery?

A depleted EV battery in a vehicle can be replaced with a full one at a battery swap station in around five minutes. The battery swap station replaces a depleted EV battery for a full one at the facility in Lier, southern Norway, installed by Nio, a Chinese EV maker.

How much does a battery swap cost?

Each battery swap costs 80–100 yuan ($11–$13.8). A failing or damaged battery is also one of the top reasons EV owners choose to trade in their cars. “Besides shorter charging time, battery swapping would de-risk battery obsolescence, allowing users to swap for upgraded batteries as technology advances,” said Russo.

How does a new battery get installed in a vehicle?

A new battery is extracted from the 'hotel' where it has been charging at a maximum rate of 60kW and preconditioned. It is then fitted into the vehicle. The car is checked for new firmware downloads, the screens come back to life, and you can drive away.

Will EV battery technology be sustainable in 2024?

Significant developments in electric vehicle (EV) battery technology over time have opened the door to a more sustainable and environmentally friendly transportation future. We see a dramatic breakthrough in EV battery technology in 2024, marked by creative designs, increased efficiency, and a strong dedication to sustainability.

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"Besides shorter charging time, battery swapping would de-risk battery obsolescence, allowing users to swap for upgraded batteries as technology advances," said …

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