How swap-anywhere would impact EV firms

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Electric motorcycle and three-wheeler companies can increase their battery swap station utilisation rate up to 36% by adopting interoperability between brands, a new report by Powering Renewable Energy Opportunities (PREO) shows. Interoperability can also save electric motorcycle riders in Africa about 43% of energy and time. But what will it do to profit margins?

• Most African EV companies operate in isolation. Each built its own stack of vehicles, batteries, charging or swapping stations, and billing systems. This limits customers to using swap stations operated by one company. 

• Interoperability could increase competition between EV companies and put downward pressure on prices. That may be one reason it’s not coming soon.

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