For EV battery infra: Gogoro open to commit billions to India story
Gogoro is open to making a multi-billion dollar investment to establish a battery swapping infrastructure across India by 2032.
This comes as the demand for electric two-wheelers surges in India, Horace Luke, chief executive officer (CEO) and co-founder of Gogoro said on Tuesday.
The company received approval from the Maharashtra government in June this year to invest $1.5 billion — $500 million for vehicle manufacturing and $1 billion for battery swapping infrastructure — over the next eight years.
