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Battery Swapping Market worth $22.72 billion by 2035 | MarketsandMarkets

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DELRAY BEACH, Fla., March 10, 2025 /PRNewswire/ — The global battery swapping market is estimated to be USD 1.46 billion in 2025 and is projected to reach USD 22.72 billion by 2035, at a CAGR of 31.5% from 2025 to 2035., according to a new report by MarketsandMarkets. The battery swapping market is emerging as a transformative solution to address key challenges in electric vehicle adoption, including long charging times and high upfront costs of battery ownership. This market primarily caters to electric two-wheelers, three-wheelers, and, with growing interest from passenger car manufacturers. Battery swapping enables users to exchange depleted batteries for fully charged ones at designated swapping stations, significantly reducing downtime compared to conventional plug-in charging. The approach also facilitates battery standardization and lifecycle management, which can help lower costs through shared infrastructure and centralized energy storage. Countries such as China and India are prominent the adoption of battery swapping, supported by government incentives, infrastructure investments, and policies that encourage interoperability among different vehicle and battery manufacturers. While challenges such as standardization and infrastructure scalability remain, major players, including automakers, energy companies, and startups, are actively investing in developing robust battery-swapping ecosystems.

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“Subscription segments hold the largest market share in the forecast period”

The subscription segment holds the largest market share in the battery swapping market due to its cost-effectiveness, convenience, and ability to reduce the high upfront cost of EV batteries. This model allows users to access battery-swapping services through a recurring fee, ensuring consistent battery performance without concerns over degradation. It is particularly popular among fleet operators, ride-hailing services, and logistics companies, as it minimizes downtime and operational costs. Additionally, increasing investments from battery-swapping service providers and partnerships with automakers further drive the dominance of the subscription model in the market. For instance, in December 2024, CATL announced the initial rents for the LFP version of swappable battery packs, The monthly rent of the #25 battery packs is USD 82.0 (599 yuan) for unlimited mileage or USD 68.3 (499 yuan) for the family plan. The monthly rent of the #20 battery packs is USD 64.2 (469 yuan) for unlimited mileage or USD 50.5 (369 yuan) for the family plan.

“Commercial vehicles hold the significant market share during the forecast period”

The commercial vehicle holds the largest market share in the battery swapping market due to high operational demands, the need to minimize downtime, and cost-effectiveness compared to fast charging. Fleet operators, including electric taxis, buses, and delivery vehicles, benefit significantly from battery swapping as it allows for rapid turnaround times, ensuring continuous operation without long charging delays. Additionally, government incentives, investments in battery-swapping infrastructure, and strategic partnerships between automakers and battery service providers further drive adoption in this segment. Countries with extensive urban mobility needs, such as China and India, are leading in commercial vehicle battery-swapping deployments. For instance, in 2024, around 51.5% of the electric trucks sold in China were swap-capable. These swap-capable electric trucks are mainly used for short-haul applications at ports, mining sites, and in urban logistics. They are typically equipped with a 141 kWh or 282 kWh battery and have a typical one-way trip length of less than 100 km. Such development will drive the battery swapping market in the forecast period.

“Europe is expected to be the fastest growing market during the forecast”

Europe is projected to be the fastest-growing market for battery swapping during the forecast period, driven by increasing electric vehicle adoption, government incentives, and the push for reducing charging time and infrastructure constraints. Key players such as Nio, and Swobbee are actively expanding their battery-swapping networks across the region. Nio, for instance, has launched battery-swapping stations in countries like Germany, Norway, and the Netherlands, aiming to enhance the feasibility of long-distance EV travel. Currently, Nio has 59 station in Europe, 19 of which are in Germany. Further, Swobbee, a German-based provider, focuses on micro-mobility applications by offering multi-battery swapping hubs for e-bikes, e-scooters, and cargo bikes. The growth of battery swapping in Europe is further fueled by regulatory support, with some governments integrating battery-swapping policies into their broader EV infrastructure plans, making it a key enabler for urban mobility and logistics efficiency.

Key Market Battery Swapping Industry:

Prominent players in the Battery Swapping Companies include as Nio (China), Gogoro (Taiwan), Ample (US), Sun Mobility (India), Contemporary Amperex Technology Co., Limited. (China).

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This report provides insights on:

Analysis of key drivers (Rise in investments in battery swapping infrastructure by OEMs, Battery swapping reduces the initial purchase cost of electric vehicles, Reduce charging time drive the battery swapping market, Increasing government initiative and investment towards battery swapping), restraints (Lack of standardization of batteries used in different vehicles, Limited vehicle compatibility impacting the market growth), opportunities (Introduction of innovative modular battery swapping solutions, Introduction of innovative and advanced battery swapping models and services), and challenges (Battery Ownership and Business Model Challenges, Battery Degradation & Lifecycle Management).Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, in the battery swapping market.Market Development: Comprehensive information about lucrative markets – the report analyses the battery swapping market across varied regions.Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the battery swapping market.Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Nio (China), Gogoro (Taiwan), Ample (US), Sun Mobility (India), Contemporary Amperex Technology Co., Limited. (China) and among others in the battery swapping market Page 20 of 30 strategies. The report also helps stakeholders understand the pulse of the adjacent reports such Battery as a Service Market, and provides them with information on key market drivers, restraints, challenges, and opportunities.

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EV Battery Testing Market

EV Battery Market

EV Battery Recycling Market

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AKEEYO to Showcase 711Air, 750S and H2 Ride Cameras at EICMA 2026

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SHENZHEN, China, Oct. 26, 2026 /PRNewswire/ — AKEEYO, a brand dedicated to dash cams and ride cameras, will exhibit at EICMA 2026, November 3–8 at Fiera Milano Rho, Italy. At Hall 24, Booth B67, the brand will showcase the 710Lite, 730Pro, 750Lite, 750S, 711Air and H2, spanning lightweight recording, 4K image quality and helmet-view capture.

711Air Makes Everyday Recording Simple

Weighing just 80g, the new 711Air adds minimal weight to a helmet, while its 1800mAh battery supports 8–10 hours of recording. One-touch quick recording, with vibration feedback confirming power on/off and recording start/stop, means riders never need to look at the camera. It also offers up to 36 hours of Always On Video (AOV) monitoring, plus 2.4GHz Wi-Fi, app connectivity and over-the-air (OTA) firmware updates.

750S Captures the Road in True 4K HDR

The 750S combines true 4K HDR recording with electronic image stabilization (EIS) for detailed, steadier riding footage. Dual-band Wi-Fi supports stable connections and efficient video transfers, while app access and OTA firmware updates simplify video management and keep the camera up to date. It is designed for touring riders, cyclists and anyone seeking high-quality recordings.

H2 Records from the Rider’s Perspective

Designed for helmet-view recording, the H2 features dual 1080p cameras that capture two perspectives at once, along with 8–10 hours of runtime and a 3-second quick-release mount. Its lightweight, easy-to-use design suits daily rides and longer motorcycle journeys.

Also on display are the AKY-730Pro 4K touchscreen camera, the ultra-compact AKY-710Lite and the endurance-focused 750Lite.

Visit AKEEYO at EICMA 2026

Dates: November 3–8, 2026
Booth: Hall 24 • Booth B67
Venue: Fiera Milano Rho
Address: Strada Statale del Sempione 28, 20017 Rho (MI), Italy

For AKEEYO, EICMA 2026 is the right stage to introduce the 711Air to riders, media and the global two-wheeler industry. Visitors can handle the 80g body and try one-touch recording in person, and dealers and distributors interested in partnering with AKEEYO are welcome to fill out the inquiry form.

About AKEEYO

AKEEYO designs dash cams and ride cameras for cars, motorcycles and bicycles, helping users record the road and relive their journeys.

Website: www.akeeyo.com 

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For A Bright Future Foundation Launches NextGen Finance Lab Across Manhattan High School District, New York

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District-wide rollout brings project-based financial literacy and professional mentorship to Manhattan’s 50 public high schools, building on a successful pilot at Jacqueline Kennedy Onassis High School

NEW YORK, Oct. 26, 2026 /PRNewswire/ — Louis Hernandez Jr.’s Foundation For A Bright Future (“For A Bright Future,” “FABF”), a 501(c)(3) nonprofit organization dedicated to expanding educational opportunity for underserved youth, today announced the district-wide expansion of its NextGen Finance Lab program into the Manhattan High School District. In partnership with the Manhattan High School District Team, under the supervision of Superintendent Gary Beidleman, FABF will launch the program’s first cohort of 8 high schools this fall, with plans to bring the NextGen Finance Lab to additional Manhattan high schools in the semesters that follow as part of a phased, district-wide rollout.

“At Jacqueline Kennedy Onassis, we saw firsthand what this program can do. Our students left Pitch Like A Dragon more confident, more articulate, and more prepared to manage their own financial futures than I’ve seen from any other initiative we’ve run. I’m proud that the model our students and teachers helped build is now reaching classrooms across Manhattan,” said Manuel A. Ureña, Principal, Jacqueline Kennedy Onassis High School.

The NextGen Finance Lab is a project-based financial literacy program that integrates the Dave Ramsey Financial Literacy curriculum with FABF’s FinTech mentorship ecosystem. Throughout the program, students build core skills in budgeting, saving, debt elimination, investing, and entrepreneurship, while working directly with FinTech industry professionals who share real-world perspective on banking, digital wallets, investing, and career pathways in financial technology. The program culminates in “Pitch Like A Dragon,” a school-level and district-level competition in which student teams pitch original business and FinTech concepts to a panel of industry leaders, venture capitalists, and New York City business professionals, with scholarship awards presented to top teams.

“This expansion is proof of what’s possible when a nonprofit, a school district, and industry partners commit to the same goal. Everything we’re scaling today started as a pilot at Jacqueline Kennedy Onassis High School, where educators and students helped shape the curriculum and the ‘Pitch Like A Dragon’ event structure now being adopted by seven more schools this fall. That’s how one school’s success becomes a lasting pathway for thousands of students across Manhattan,” said Gina Rogoto, SVP, Operations and Programs, For A Bright Future Foundation.”This expansion demonstrates the collective impact achievable through aligned partnerships. The model shaped at  Jacqueline Kennedy Onassis (JKO) High School now serves as a lasting foundation for advancing financial literacy for thousands of students across Manhattan,” said Gina Rogoto, SVP, Operations and Programs, FABF. The success at JKO High School, now fueling district‑wide deployment, was strengthened by the guidance of FABF’s Consultant in Academic Affairs and former Senior Deputy Chancellor of the NYC Department of Education, whose deep expertise helped shape a program adaptable to each school’s unique vision and academic priorities.

FABF and the Manhattan High School District Team have confirmed the following schools for the initial launch cohort:

Leadership and Public Service High SchoolJacqueline Kennedy Onassis High SchoolHigh School for Law and Public ServiceMurry Bergtraum High School for Business CareersHigh School of Fashion IndustriesHudson High School of Learning TechnologiesMott Hall High School: Finance Lab ProgramFood and Finance High School

FABF’s long-term goal is to bring the NextGen Finance Lab to all 50 high schools in the Manhattan District, expanding in phased cohorts over the coming semesters.

“As someone who spent a career in financial services, I know how much of a difference it makes when young people are exposed to these concepts early. This program doesn’t just teach students about money; it gives them the confidence to pitch real ideas, take feedback, and think like entrepreneurs,” said Benson Porter, Program Chairman, NextGen Finance Lab, FABF.

About For A Bright Future Foundation

Louis Hernandez Jr’s Foundation For A Bright Future is a 501(c)(3) not-for-profit organization that empowers underserved youth with equitable access to education, technology, financial capability, and wellness. We help students develop future‑ready skills that unlock lifelong opportunity and support thriving global communities. Learn more at www.fabff.org. 

FABF operates programs nationwide, including the NextGen Finance Lab, the NextGen Media Creators Lab, the merit- and need-based scholarships, and youth leadership development, working directly with schools, districts, and industry leaders to bridge opportunity gaps for the next generation.

Media Contact
Gina Rogoto, SVP, Operations and Programs
For A Bright Future Foundation
gmr@forabrightfuturefoundation.org

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SOURCE Louis Hernandez Jr.’s Foundation For A Bright Future

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VOICEBUDS, A QUIETER WAY TO WORK WITH VOICE, NOW AVAILABLE FOR HOLIDAY SHIPPING

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Voicebuds reinvent earbuds for personal voice computing, even below a whisper

SAN MATEO, Calif., Oct. 26, 2026 /PRNewswire/ — Subtle announced today that Voicebuds, its award-winning private voice computing device, is available to ship in time for the 2026 holiday season, with customers ordering by December 10th receiving their devices by December 24th.

Since Voicebuds were unveiled in January, AI voice dictation has surged in popularity, but the fundamental problems with voice input remain unsolved. Dictating aloud is awkward in open offices, offers little privacy in public spaces, and remains unreliable when others are speaking nearby.

With Voicebuds, Subtle has reinvented the earbud as a private voice interface that works even at a whisper. The device combines Subtle’s breakthrough voice isolation technology with an AI voice computing app for iPhone and Mac, enabling discreet, reliable voice computing in the places where people actually live and work. Voicebuds serve as both premium everyday earbuds for music and calls, and a personal computing device for voice dictation and AI. They are designed for voice productivity in crowded commutes, quiet libraries, noisy cafes, and shared spaces where traditional voice tools have always failed.

“It’s been inspiring to hear from our beta testers using Voicebuds to prompt AI in shared offices without booking a quiet booth, dictate on planes without bothering their seatmates, and take calls amid the noise and bustle of their daily lives,” said Tyler Chen, cofounder and CEO of Subtle. “We’re incredibly excited to put Voicebuds in the hands of all of our customers just in time for the holidays and hear what new use cases they come up with.”

In Subtle’s internal testing across real-world noise environments, Voicebuds delivered up to 5X fewer transcription errors than AirPods Pro 3 combined with leading AI dictation software.

Voicebuds offer:

Subtle voice dictation: Write with voice in any app on iPhone and Mac, without being overheard.Voice notes: Capture thoughts and ideas instantly, and access them across multiple devices.Contextual AI chat: Brainstorm with an AI assistant, without being overheard.Music and calls: Everyday listening, noise cancellation, multipair connectivity and clear calls.

For holiday shoppers, Voicebuds replace multiple devices and apps as a single product for listening, communication, and voice computing that finally works in the real world.

Voicebuds are available starting today for $249 in either Parchment White or Ink Black. Voicebuds ship with a 1-year membership to the Subtle app for iPhone and Mac, providing a complete voice productivity experience across dictation, contextual AI chat, and cross-device voice notes. After year one, users can continue the full Subtle Pro membership for $17 per month, or switch to the free tier anytime with full earbud functionality and limited AI usage.

Customers can order now at subtle.co.

About Subtle

Subtle is pioneering personal voice computing technology, designed to make voice the most effective, trusted interface anywhere. Its machine learning technology powers consumer hardware for whispered, private, and noise-resilient voice AI that works in real-world environments. Founded by Stanford engineers and based in the San Francisco Bay Area, Subtle is supported by funding from Entrada Ventures, Amplify Partners, Abstract Ventures, and founders of Twitter, Pinterest, and Perplexity. Learn more at subtle.co.

Media Contact

press@subtle.co

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SOURCE Subtle Computing

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