this post was submitted on 07 Dec 2023
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Technology
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How does the business half of battery swapping work? Obviously you'd pay for charging the battery but who actually owns the battery? Who is responsible for the battery degradation?
Has to be a subscription or a per-swap fee. Probably subscription to account for the degradation point.
But, you essentially have a subscription for car energy now, you probably pay weekly for gasoline. If they can make it competitive to that I think they have a shot. Say $50/week in gas, means $200/month...seems like that could be profitable. And at least some of the money goes all to the car company, not a million different GA stations, which is a good incentive for them to try to make it work.
I don't think a subscription would quite work for this. Somebody traveling 10k a month isn't going to consume the same amount of batteries as someone who's commuting 1 mile away each day. I certainly wouldn't want to pay the same amount. Kind of an all you can eat shrimp situation, if you will