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The client specializes in electric and battery-powered vehicles in underground mining. The client develops battery systems and wanted to develop a go-to-market strategy for providing Battery-as-a-service to existing and new customers. The key projections sought by the client were on cost buildup and roadmap of adoption of battery-as-a-service (BaaS).
The engagement helped the client understand the emerging value chain for battery-as-a-service and create a strategic framework with respect to the cost of battery-as-a-service offerings.
BaaS is a growing opportunity in electric vehicle segment. However, it needs a deep understanding of cost and value chain to exploit this opportunity.FutureBridge conducted extensive primary and secondary research across select industries to develop a landscape of current and emerging Battery-as-a-service offerings. Primary research included interviews with suppliers, industry experts, etc. to assess the viability of key service offerings and future cost evolution for BAAS.
FutureBridge further analyzed current industry activities, proposals & plans of key players; and various related technical, commercial & regulatory factors to understand the future of such services. The cost breakup and partnership options for providing BaaS were also analyzed. The engagement has helped the client to define their future business plan and operational roadmap for providing BaaS.
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