"Electric vehicle manufacturers in China are set to benefit from a major breakthrough in battery technology, as Bosch and Mitsubishi's joint venture launches a pioneering 'Battery-as-a-Service' hub in the country. The innovative platform aims to revolutionize the way electric cars are powered, offering a subscription-based model for battery rental and leasing. This game-changing approach is expected to reduce the upfront costs of electric vehicles, making them more accessible to a wider range of consumers. By providing a reliable and efficient battery service, the joint venture is poised to accelerate the adoption of electric vehicles in China, one of the world's largest and most competitive automotive markets."
Bosch–Mitsubishi JV Launches Battery-as-a-Service Hub in China The EV Report
