Bingo E2 First Look: The Tiny EV You Buy and Never Drive
Key takeaways
- Swappable batteries and a novel ownership model aim to boost driver profits in developing markets.
- Owning an electric vehicle has plenty of upsides for business owners, a key one being lower maintenance and operating costs.
- Founded by a key executive behind Mophie, a company focused on mobile device power, Bingo is the latest EV maker to explore battery swapping as a way around charging downtime.
Why this matters: an automotive development that could shape industry direction or buying decisions.
Swappable batteries and a novel ownership model aim to boost driver profits in developing markets.
Owning an electric vehicle has plenty of upsides for business owners, a key one being lower maintenance and operating costs. The catch, of course, is charging, which keeps your vehicles off the road. DC fast chargers keep getting better and charge times have dropped from around 40 minutes to less than 30 in newer EVs, but what if you didn’t have to plug in an EV every time it needed to be recharged?
That is the pitch behind Bingo Technologies. Founded by a key executive behind Mophie, a company focused on mobile device power, Bingo is the latest EV maker to explore battery swapping as a way around charging downtime. Its answer is the E2 microcar, which pairs swappable batteries with a permanent rechargeable pack rather than replacing it entirely.