Battery-as-a-Service (BaaS) Poised to Disrupt the Global Electric Vehicle (EV) Market
Frost & Sullivan
MARCH 20, 2025
Innovative BaaS model, encompassing battery leasing, renting, and swapping is addressing key challenges to EV adoption. The electric vehicle (EV) industry is being disrupted by the emergence of Battery-as-a-Service (BaaS). This innovative model, which includes battery leasing, renting, and swapping, addresses key challenges to EV adoption, such as high upfront costs and lengthy charging times.
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