India's EV battery-swapping market charges expectations of growth

Japan firms including Terra Motors tie up with local partners to enter market

20220603 India battery main

Honda will soon start a battery sharing business for electric motorcycles in India. (Photo courtesy of Honda)

RYOSUKE HANADA, Nikkei staff writer

MUMBAI -- Strong growth prospects in India's market for electric three-wheel and two-wheel vehicles are driving a rush to start battery-swapping services in the emerging country, luring Japanese companies.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.