Taiwanese electric scooter maker Gogoro is delaying its expansion plans in China due to geopolitical and economic uncertainty and putting more focus on India and Indonesia, its Chief Financial Officer said in an interview.
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In India, Gogoro has announced a strategic B2B initiative and partnership with the EV-as-a-Service platform Zypp Electric. The two companies have teamed up to electrify logistics fleets and last-mile deliveries using Gogoro’s battery-swapping stations.
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The Taiwanese electric scooter manufacturer Gogoro will soon bring its battery exchange network to Israel. For this purpose, Gogoro is cooperating with the two-wheeler dealer Metro Motor and the energy company Paz Group.
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Gogoro has completed its IPO in the US. The Taiwanese electric scooter and battery exchange provider completed its merger with the special purpose vehicle Poema Global and is now listed on Nasdaq under the ticker symbols ‘GGR’ and ‘GGROW’.
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Foxconn has reached an agreement with the Indonesian Ministry of Investment, the electric scooter manufacturer Gogoro and other partners to create an ecosystem around e-mobility in Indonesia. However, the system is to encompass much more than the exchangeable batteries for Gogoro scooters.
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Yamaha is expanding its portfolio of Gogoro-powered vehicles with the new EMF electric scooter. The Yamaha EMF joins the existing EC-05 that launched in 2019. Utilising Gogoro’s battery swapping platform, the EMF will launch on the market in Taiwan in March.
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In Taiwan, there will soon be more battery exchange stations than petrol stations. Electric scooter manufacturer Gogoro built a total of 2,215 of its battery exchange stations in Taiwan by the end of 2021.
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E-scooter and battery swapping company Gogoro and belt-drive specialist Gates have co-developed a two-wheel electric drivetrain called Flo Drive. The system based on Gates Carbon Drive will be exclusively available to vehicle makers in Gogoro’s extensive network.
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The Taiwanese e-scooter manufacturer Gogoro is now in the process of bringing its battery exchange network to China and has created its own brand called Huan Huan with moped scooter manufacturers Yadea and DCJ.
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Taiwanese electric scooter manufacturer Gogoro and Poema Global Holdings, a publicly traded special purpose acquisition company, have announced a definitive agreement resulting in Gogoro becoming a publicly listed company. The proceeds should propel expansion in India, China and Southeast Asia.
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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.
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The Taiwanese electric scooter manufacturer Gogoro wants to bring its battery exchange network to China on a large scale. For this purpose, Gogoro has now joined forces with two large Chinese two-wheeler manufacturers. Recently, there was a similar deal for India.
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Taiwan’s Gogoro and India’s Hero MotoCorp announced a strategic partnership that aims to found a joint venture for bringing battery swaps to India. Hero also wants to use Gogoro technology for new electric two-wheelers for the Indian market.
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The Taiwanese electric scooter manufacturer Gogoro has introduced a new lighter and cheaper model. Now that the company has a full palette of longer and shorter-range city scooters, Gogoro plans to further expand internationally next year. In Taiwan, the Gogoro Viva will be available from October this year.
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Yamaha is taking their electric bike business further into new markets. A cooperation with Gogoro for Yamaha to use the firm’s battery swapping system in Taiwan is just in the making. Yamaha will add their design and marketing power. Moreover, they started selling pedelecs in the U.S. for the first time.
Read moreVideo tip: The Street talked to Horace Luke, CEO of Gogoro, about the company’s electric scooter and planned battery swap system (we reported).
thestreet.com
Reading tip: Mira Inbar looked at past experiences with Better Place and Tesla’s current battery swapping to come up with three learnings: battery swapping is only for emergencies, is better done by one manufacturer with one battery type, and kept within narrow geographical boundaries.
cleantechnica.com
