BaaS: Battery as a Service
BaaS (Battery As A Service)
LEASING & SWAPPING YOUR BATTERY:
Pros:
*Cheaper EV because the battery is rented
*Full battery in Minutes
*Can swap for more range when road tripping
*Don’t have to worry about battery degredation/ warrantees
*Access to up-to-date technology
*Convenient for those that can’t charge at home
*Excellent for fleet vehicles
Cons:
*Limited availability due to current infrastructure
*Swapping stations are not universal
*Uncertainty about the swapped battery’s integrity
*Range anxiety could be worse if the swap stations are few and far between
*Lower resale value
*Additional ongoing monthly expense
*Make prior arrangement (via app) to ensure there is a battery to swap at location.
Go electric ✌🏼
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