Gogoro Inc has tied up with Hindustan Petroleum Corporation Ltd (HPCL) to set up battery swapping stations in the country. The Nasdaq-listed company will build the battery-swapping infrastructure for electric two-wheelers at HPCL’s 21,000 retail outlets.
“We are announcing a partnership with HPCL to roll out thousands of Gogoro battery swapping stations across its retail outlets throughout the country in the coming years,” Horace Luke, founder and CEO of Gogoro, said.
India is in the early stages of a massive electric transformation of its urban two-wheeler transportation system. Battery swapping will be a critical component to broad adoption, Luke said.