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Could Battery Swapping Be Viable in the EV Industry?

Battery swapping is an interesting idea that has been around since the modern electric-vehicle industry’s inception. Although the concept is more popular in Asia than the western markets, Tesla CEO Elon Musk first demonstrated battery swapping a decade ago.

The concept is simple. Rather than wait for up to an hour to recharge their electric cars, EV drivers could simply swap out their depleted batteries with a…

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GreenCarStocks
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