Battery swap firm Gogoro eyes launch of e-scooter

Taiwanese electric major Gogoro, which has a partnership with Hero Moto, is ready to join hands with companies such as Bajaj Auto, TVS and Yamaha for its battery-swapping stations. It is also studying the prospects of launching its green two-wheelers as a solo venture in India.

The company, which has one of the world’s largest swappable battery installations with 3.7 lakh swaps per day, is test piloting its products in India in partnership with B2B delivery provider Zypp Electric. “The temperatures in India can go to 40 degrees and more, and we want to test our platforms and put our vehicles in the hands of Zypp. With their riders using our vehicles, it helps accelerate the testing,” Horace Luke, founder and CEO of Gogoro, said while unveiling the solutions here.

As he explores independent solutions in India and explores partnerships, does the relationship with Hero put any obligations on the outreach? “The alliance with Hero has always been an open one. We are always free to launch our own products here, or partner different companies for our charging or battery platforms,” Luke told TOI.

Gogoro is a listed entity and Luke said this gives the company the flexibility to raise funds that can be deployed for expansion in markets such as India. Asked whether the company can look at setting up a two-wheeler manufacturing factory in India, he said, “Everything is possible. There is no rush for a product. As far as battery swapping solutions, nobody does them better than us.”

Under the partnership, Gogoro will provide six of its battery swapping stations, batteries and 100 electric scooters to Zypp. Depending on the outcome of the pilot project, Gogoro will consider further expansion in India, Luke said.