The roadmap laid out to usher in sustainable mobility by the Honourable Finance Minister in the Union Budget 2022-23 will bolster the electric mobility adoption in India. Battery swapping can offer a practical alternative to increase adoption of electric vehicles. As part of our Last Mile Mobility, we look forward to working with the Government, policymakers and our partners to formulate and implement the battery swapping policy. This will include introducing interoperability standards as well as driving innovation in Battery as a Service business models.” – Rajesh Jejurikar, Executive Director, Auto & Farm Sectors, Mahindra and Mahindra Ltd.