High-Capacity Swappable Batteries

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Lime Announced a New 1-kWh Battery for its Fleet of E-Bikes

Lime announced a new initiative where it will upgrade its fleet of Lime e-bikes with a 1 kWh battery. This is up from the current 0.46 kWh battery, meaning the e-bikes will boast more than twice the range and capacity of the existing models. This battery upgrade will be rolled out overtime throughout the remaining months of 2022 as the company procures more stock.

The new 1 kWh battery is compatible with the brand's existing e-bikes and e-scooters, meaning it does not need to roll out an entirely new fleet of micro-mobility solutions in order to adopt the new battery. On top of being a double-capacity battery over the previous iterations, the new battery is also quickly swappable, meaning there is potential for even more travel without needing to park and charge.
Trend Themes
1. High-capacity Batteries - Opportunity for companies to expand their product lines by creating high-capacity batteries for various modes of transportation.
2. Swappable Batteries - Opportunity for companies to create swappable batteries for various types of vehicles that can be quickly exchanged, reducing downtime for charging.
3. Sustainable Transportation - Opportunity for companies to invest in and promote sustainable transportation solutions as the demand for green technology continues to grow.
Industry Implications
1. Electric Vehicle - The electric vehicle industry could leverage this technology by developing high-capacity and swappable batteries to improve the range and convenience of electric cars and other forms of electric-powered transportation.
2. Micro-mobility - Companies in the micro-mobility industry can innovate through swappable batteries and help connect people in a safe and eco-friendly way.
3. Battery Manufacturing - Companies within battery manufacturing could invest in developing high-capacity and swappable batteries to meet the growing demand for sustainable energy solutions.

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