I had an idea it's configurable in its admin-panel, but it may not. Please check the following:
So, to conclude: the official documentation is right. Hot-swappable or not, the UPS cannot boot without at least a bit of charge in the batteries. That's all it requires to come back online — and start to fully charge the batteries. I did not experiment to see if, after having booted, I could remove the batteries at will and put them back in again, with the UPS automatically managing the switch to AC power. So that question remains unanswered.
The problem, in your case (as well as on mine) is that the batteries have to be installed first before you know if the motherboard is fine or not.

