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Swapping had been tried elsewhere, and the economics never worked out. It's a massive capital investment in batteries, for one, plus the retail land cost. Not t
by zdragnar 3y ago
Swapping had been tried elsewhere, and the economics never worked out. It's a massive capital investment in batteries, for one, plus the retail land cost. Not to mention that EV brands haven't standardized swappable batteries.
The competition operates on the thinnest of margins: utility electricity prices and gas stations. Swapping is just a crap market to get into.