Frost Radar™: Electric Two-wheeler Battery Swapping Stations, 2022
Published on: 17-Oct-2022 | SKU: AU02414-GL-MR_26954

Need more details?
$4,950.00
Need more details?

Battery swapping stations are an important component of the $40 billion electric two-wheeler industry. The battery swapping market is in the growth stage and moving toward consolidation.

The food delivery and courier, express, and parcel industries have been making the move to electric mobility fleets, most notably with the use of two-wheelers, because of the promise of convenience and faster delivery times. A battery swapping mechanism would be an integral part of a successful new mobility operation, allowing fleet managers to minimize vehicle downtime through quick changes, mobile swapping stations, or even on-demand battery delivery services.

A lithium-ion battery is about 40% of an electric two-wheeler’s cost. A battery swapping station network would allow manufacturers to produce vehicles without the power source and save money on battery management system (BMS) development, software updates, and charging infrastructure. Vehicle owners would benefit in that they would always have access to the latest battery technologies.

To gain a competitive advantage, swapping systems must be compatible with a variety of vehicle brands and types and have a future-ready design to easily accommodate advancements in battery technology. An ideal network would be able to offer batteries for several types of vehicles.

The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.

Strategic Imperative

Growth Environment

Growth Environment (continued)

Frost Radar™: Electric Two-wheeler Battery Swapping Stations

Frost Radar™: Competitive Environment

Frost Radar™: Competitive Environment (continued)

Frost Radar™: Competitive Environment (continued)

Bounce Infinity

Gogoro Network

Kymco’s Ionex

Oyika

PT Swap Energie

Smart-BMS

Sun Mobility

Swobbee

Voltz Motors

Zynch

Strategic Insights

Significance of Being on the Frost Radar™

Frost Radar™ Empowers the CEO’s Growth Team

Frost Radar™ Empowers Investors

Frost Radar™ Empowers Customers

Frost Radar™ Empowers the Board of Directors

Frost Radar™: Benchmarking Future Growth Potential

Frost Radar™: Benchmarking Future Growth Potential

Legal Disclaimer

Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Growth Index

Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.

  • Market Share (previous 3 years)
    This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years.
  • Revenue Growth (previous 3 years)
    This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™.
  • Growth Pipeline
    This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities.
  • Vision and Strategy
    This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision?
  • Sales and Marketing
    This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.

Innovation Index

Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.

  • INNOVATION SCALABILITY
    This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals.
  • RESEARCH AND DEVELOPMENT
    This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline.
  • PRODUCT PORTFOLIO
    This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue.
  • MEGATRENDS LEVERAGE
    This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline.
  • CUSTOMER ALIGNMENT
    This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.

Significance of Being on the Frost Radar™

Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.

  • GROWTH POTENTIAL
    Your organization has significant future growth potential, which makes it a Company to Action.
  • BEST PRACTICES
    Your organization is well positioned to shape Growth Pipeline™ best practices in your industry.
  • COMPETITIVE INTENSITY
    Your organization is one of the key drivers of competitive intensity in the growth environment.
  • CUSTOMER VALUE
    Your organization has demonstrated the ability to significantly enhance its customer value proposition.
  • PARTNER POTENTIAL
    Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.

Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

Battery swapping stations are an important component of the $40 billion electric two-wheeler industry. The battery swapping market is in the growth stage and moving toward consolidation. The food delivery and courier, express, and parcel industries have been making the move to electric mobility fleets, most notably with the use of two-wheelers, because of the promise of convenience and faster delivery times. A battery swapping mechanism would be an integral part of a successful new mobility operation, allowing fleet managers to minimize vehicle downtime through quick changes, mobile swapping stations, or even on-demand battery delivery services. A lithium-ion battery is about 40% of an electric two-wheeler’s cost. A battery swapping station network would allow manufacturers to produce vehicles without the power source and save money on battery management system (BMS) development, software updates, and charging infrastructure. Vehicle owners would benefit in that they would always have access to the latest battery technologies. To gain a competitive advantage, swapping systems must be compatible with a variety of vehicle brands and types and have a future-ready design to easily accommodate advancements in battery technology. An ideal network would be able to offer batteries for several types of vehicles. The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.
More Information
Deliverable Type Frost Radar
Author Deepan Chinnaswamy
Industries Automotive
No Index No
Is Prebook No
Podcast No
WIP Number PDB0-01-00-00-00

Frost Radar™: Electric Two-wheeler Battery Swapping Stations, 2022

AutomotiveFrost Radar™: Electric Two-wheeler Battery Swapping Stations, 2022

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

RELEASE DATE
17-Oct-2022
REGION
Europe
Deliverable Type
Frost Radar
Research Code: PDB0-01-00-00-00
SKU: AU02414-GL-MR_26954
AvailableYesPDF Download
$4,950.00
Out of stock
SKU
AU02414-GL-MR_26954