Powering the Gig Economy: Canadian Giant Magna Doubles Down on India’s Battery-Swapping Revolution

Executive Overview While the commercial viability of battery-swapping infrastructure has faced persistent hurdles and high-profile failures across North America, Europe, and parts of East Asia, a different economic reality is unfolding on the subcontinent. In India, a massive urban delivery ecosystem, millions of active daily gig-economy workers, and a ubiquitous fleet of electric two- and…

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