The first choice for the last mile: Battery swapping’s impact on the delivery ecosystem

The growth of last-mile delivery in India is extending beyond tier 1 cities to tier 2 and tier 3 cities, driven by increased smartphone adoption. As a result, customers in these regions are allocating a significant portion of their income to online spending. However, the adoption of electric vehicles (EVs) for last-mile delivery is hindered by challenges such as high costs, long charging times, and limited charging infrastructure. Battery swapping offers a practical and cost-effective solution, providing drivers with easy access to fully charged batteries on the go and reducing upfront costs. This approach has the potential to transform the last-mile sector in India.