Amid a huge push from the government to switch to electric vehicles (EV), high costs, charging, including speed of charging, and range of these vehicles remain big concerns for buyers. The government will introduce a battery swapping policy that will boost the sale of EVs in the country, Finance Minister Nirmala Sitharaman said during her Budget speech.Companies are also racing to develop fast-charging systems that offer consumers a gas car-like feel in terms of recharging.These companies are developing fast charging technologies for EVsExponent Energy, a Bengaluru-based start-up, has built a battery pack called E-Pack and a charging station called E-Pump. The system offers a 0 to 100 percent rapid charge of commercial vehicles irrespective of the number of wheels in under 15 minutes, the company claims. Affordable lithium-ion batteries are key to this technology. The start-up is…
