However, if the idea sounds so promising, why hasn't battery leasing become mainstream? In this video, we break down why battery swapping and battery leasing have succeeded for commercial vehicles like e-rickshaws, cargo three-wheelers, and delivery fleets, while remaining a niche solution for personal electric cars. We examine the challenges related to resale value, home charging convenience, financing, battery ownership, charging infrastructure, and the lack of standardised battery packs. We also explore why India still needs hundreds of thousands of additional charging stations, why banks remain hesitant to finance leased batteries, and why experts believe the real long-term solution lies in building a strong domestic battery manufacturing ecosystem from cell production and battery chemistry to raw material processing. If you're interested in India's EV revolution, battery technology, electric cars, charging infrastructure, or the future of sustainable mobility, this video explains why Battery-as-a-Service may not be the game-changer many expected and what must change for it to succeed.