Foxconn & Gogoro team up to expand battery swapping
Apple supplier Foxconn and scooter maker Gogoro today announced an MoU to speed up the expansion of Gogoro’s battery swapping system. Gogoro will use Foxconn’s extensive production capacities to scale up, given recent market announcements in India and China.
Hyundai expands partnership with ride-hailing firm Grab
Hyundai Motor Group, which includes Kia, announced expanding a partnership with ride-hailing service Grab in Southeast Asia. The focus is now on piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, to facilitate the switch for Grab drivers.
Nio launches Battery-as-a-Service (BaaS) with CATL
The Chinese electric car manufacturer Nio decouples the battery costs from the purchase price of its vehicles. Using the ‘Battery as a Service’ offer now introduced, customers can buy the Nio ES8, ES6 or EC6 models without a battery and rent one instead.