Will bring out battery swapping policy, FM Nirmala Sitharaman says

Finance minister Nirmala Sitharaman has announced that to foster further efficiency in the electric vehicle ecosystem, a battery swapping policy will be deployed.

“For setting up battery stations at scale a battery swapping policy will be brought out and interoperability standards will be formulated,” FM Sitharaman said.

“The private sector will be encouraged to develop sustainable and innovative models for battery and energy as a service which will increase efficiency in EV ecosystem,” she added.


Battery swapping is a method in which a depleted battery is replaced with a fully charged one. Battery swapping is a potential solution to range anxiety, reduced vehicle cost and efficient charging arrangement. This also addresses the recurring capex challenge of buying new battery packs and the economic viability of operating Electric Vehicles.

Talking about urban planning, the government will be promoting the shift to use to public transport in urban areas. This will be complemented by cleantech and governance solutions and zero mobility zones with a fossil fuel policy and EVs,” she said.