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Monday, 23 October 2023

UAE startup Terra debuts MENA’s first swappable battery station for EVs

Dead battery? No problem: UAE startup Terra has launched MENA’s first smart battery swapping solution for EVs following the development of its first fleet of all-electric motorbikes in July, according to a statement. The number of battery swapping units at designated gas and EV charging stations was not revealed, nor were the prices for each battery pack or how the depleted battery cells would be repurposed.

Battery swaps provide a solution to poor EV charging infrastructure: The drop-in replacement battery swapping solution — which can be completed in about five minutes depending on EV and battery make — offers a quick fix to poor EV charging infrastructure globally, and can help accelerate the transition to green mobility by enabling replenishment of EV driving range on the go instead of lengthy recharge durations. EV charging durations can take between 30 minutes and 12 hours depending on battery size and charging point speed. The global swappable EV battery market was valued at USD 452.9 mn in 2022, and is forecast to grow at a 22.8% CAGR rate from 2023 to 2030.

What they said: “What sets Terra apart is our vision of a universal swapping network that caters to all-electric vehicles on the road. We are not just making EVs more accessible; we are creating a versatile, all-inclusive swapping network that welcomes all-electric vehicles, further propelling the eco-conscious future of the last-mile delivery Industry,” the company noted.

Two birds, one EV maker? Terra also launched their Reviving Earth initiative which will see the company plant a mangrove tree for each of their electric motorbikes that hits the UAE roads.

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