Economic Analysis of Battery Swap Station for Electric Three Wheeled Vehicle

摘要

This Statistical article underlines the economics for the sustenance of an Electric Vehicle ecosystem and battery swap station using the deductive method of economic analysis. The maximum range of an Electric Vehicle is limited and charging the battery requires a considerable time thus swapping of battery stands to be a viable option. Ii-ion batteries have limited life span hence the cost of repurchase of battery will raise the operating cost of Electric vehicle. By removing the purchase of new battery from the equation after the end of its life cycle, the cost of ownership will decrease and the sales of Electric Vehicles can be significantly raised thus making a bankable model from dealer's point of view. Therefore a sound swapping ECOSYSTEM is inevitable for the sustenance of the Electric vehicles. The Government of India is encouraging development of infrastructure for Electric vehicles, increasing stakes for a much feasible system is proposed further in the paper.