Battery swap. Great for industry growth, but the manufacturers selling into US and Europe decided not to go there and disputable claims "it can't work" and false applications of Gresham's law are used to explain why.
The Gresham's law thing: money is just a transfer token. Batteries have a use value. The agents who could profit from hoarding good batteries, don't get to achieve the income of renting them.
It's working fine for scooters, and in China for cars and trucks.
Everyone is now betting on solid state getting both range and rapid charge.
The Gresham's law thing: money is just a transfer token. Batteries have a use value. The agents who could profit from hoarding good batteries, don't get to achieve the income of renting them.
It's working fine for scooters, and in China for cars and trucks.
Everyone is now betting on solid state getting both range and rapid charge.