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swappable batteries could be the way to revive flagging sales

  • Written by: ManMohan S Sodhi, Professor of Operations and Supply Chain Management, City, University of London

The rate of adoption of electric vehicles (EVs) in western countries continues to wane. In the UK, EVs’ market share of all new cars for 2024 will barely hit 20%, somewhat below the government goal of 22%. New car registrations of hybrid cars have grown at almost double the rate of battery EVs in the first four months of the year.

In a far...

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