Gogoro launches its battery-swapping tech in China

Business

Engadget 11 October, 2021 - 03:05am

In May, the company announced a partnership with China's Yadea, the largest electric two-wheel manufacturer in the world, and DJC, another Chinese scooter giant. "Today’s launch in China, the world’s largest two-wheel market with more than 300 million riders, is a key milestone for all cities," said Gogoro founder and CEO, Horace Luke. 

Yesterday, both companies unveiled electric scooters designed to work with Gogoro's hot-swappable batteries, branded "Huan Huan" in China. Yadea announced two vehicles that will be "part of a larger portfolio of Gogoro-powered vehicles, while DJC took the wraps off its own prototype, Gogoro-powered scooter. 

Gogoro is the largest scooter company in Taiwan, but is best known for its unique swappable battery tech that lets users avoid the usual wait for a charge. The system allows users to buy scooters without a battery, making the initial purchase cheaper. Users then "rent" batteries via a subscription and are charged per Ah of electricity used. When their battery gets low, they can head to a "GoStation" and swap for a freshly charged one in as little as six seconds. The company uses cloud tech to ensure users can find batteries easily and that they don't overload energy grids.

The scooters come at a good time in China, which enacted legislation to retire up to 250 million gas- and diesel-powered vehicles by 2025. The launch could also act as a test of Gogoro's battery swapping tech for future expansions around the world. 

Read full article at Engadget

Gogoro launches battery swapping in China with local 2W makers - ET Auto

ETAuto.com 11 October, 2021 - 01:03am

Chip crisis: ICRA downgrades auto parts industry revenue growth to 17% to 20%

Women taking the wheel at EV companies

Gogoro is partnering with China's leading vehicle makers, Yadea and Dachangjiang (DCJ) to introduce the new Gogoro-powered Huan Huan battery swapping brand, first in Hangzhou and to other cities in 2022, the company said.

Stellantis, Bill Gates' Breakthrough Energy Ventures and others have invested millions of dollars or signed supply agreements with so-called direct lithium extraction (DLE) start-ups in recent months in an attempt to propel the technology to commercial production, expected within the next year or two.

225000+ Industry Leaders read it everyday

The buzz about Tata Motors taking over the plant got stronger following news reports about Tata Sons Chairman N Chandrasekaran meeting with chief minister MK Stalin and state industries minister Thangam Thennarasu.

Videos of Epluto scooters on fire have gone viral on social media raising concerns over the safety aspect of EVs in general. If not nipped in the bud, it can potentially undermine India's nascent electric mobility revolution.

We have various options to advertise with us including Events, Advertorials, Banners, Mailers, Webinars etc.

Please contact us to know more details.

Get ETAuto's top stories every morning in your email inbox.

225000+ Industry Leaders read it everyday

Follow @ETAuto for the latest news, insider access to events and more.

Gogoro launches battery swapping stations in China – TechCrunch

TechCrunch 10 October, 2021 - 09:30pm

Five months after announcing a deal with two of China’s biggest two-wheel vehicle makers, Gogoro officially launched there today, opening 45 battery swapping stations in Hangzhou. The company’s co-founder and chief executive officer Horace Luke told TechCrunch that it targets 80 stations by the end of the year, before expanding into other major cities with its partners, Yadea and Dachangjiang Group (DCJ).

In China, Gogoro’s battery swapping technology will operate under the Huan Huan brand, a partnership between Gogoro, Yadea and DCJ.

Yadea and DCJ are both developing vehicles that run on Gogoro’s battery swapping technology, with Yadea launching two models for sale today, starting in Hangzhou.

The companies expect consumer demand to be driven by government regulations for electric two-wheel vehicles that (among other things) require the use of lithium batteries instead of lead-acid. An estimated 270 million vehicles that don’t meet the new regulations will need to be retired by 2025.

Gogoro announced last month that it will go public on Nasdaq after a $2.35 billion SPAC deal with Poema Global that is expected to close in the first quarter of 2022. In addition to its battery swapping network, Gogoro is also known for its own range of high-end two-wheel scooters, but has made deals with other manufacturers to produce vehicles that use its batteries and charging stations, including Yamaha, Suzuki and AeonMotor.

Its partnerships have been an important factor in increasing the accessibility of Gogoro’s technology, and the company also announced a deal this year with Hero MotoCorp, the market leader for two-wheeled vehicles in India.

“We’ve always been looked at as ‘Gogoro is too premium, we are out of reach to the people that really matter in major cities,’ and with Yadea and DCJ, everyone is going to be able to ride and buy the vehicles, which won’t be any more expensive than previously-sold mass vehicles,” said Luke.

Business Stories

JCPenney