gogoro-expands-partnership-with-bikebank’s-new-dotstation-brand,-launching-smartscooters-and-battery-swapping-for-consumers-in-eight-cities-across-korea

Gogoro Expands Partnership with Bikebank’s New Dotstation Brand, Launching Smartscooters and Battery Swapping for Consumers in Eight Cities across Korea

 

Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced it was expanding its partnership with Bikebank in Korea. The companies will introduce Gogoro Smartscooters and battery swapping to Korean consumers in Q3 2023 under the Dotstation brand, expanding their battery swapping network to seven additional cities beyond Seoul. Gogoro Smartscooters and battery swapping have been operating in Seoul for food deliveries since 2019.

“It is great to be growing our partnership with Bikebank, a company that shares similar values and is committed to accelerating the shift to electric transportation in Korea. Seoul has one of the largest food delivery ecosystems in the world and was one of the first markets to embrace Gogoro battery swapping for food deliveries,” said Horace Luke, founder, and CEO of Gogoro. “Together, we are introducing Gogoro Smartscooters and battery swapping to Korean consumers while we continue to grow our B2B food delivery business where we work with market leaders to enable sustainable food delivery.”

To better support growth, Bikebank has opened two Dotstation retail stores for consumers and last mile delivery riders and expanded the battery swapping network to more than 70 battery swapping stations across Korea in the cities of Seoul, Daegu, Sejong, Changwon, Incheon, Gyeongsan, Gyeonggi, and Ulsan.

“Together with Gogoro, we are accelerating the transformation of urban mobility in Korea. We created Dotstation to lead us forward into a new era of sustainable urban transportation that provides a path for Korean consumers to embrace sustainability in a new and practical way,” said Minkyu Kim, CEO of Bikebank. “Dotstation is expanding Gogoro battery swapping services to eight Korean cities, and we anticipate launching more battery swapping locations this year with a range of vehicles including Gogoro Smartscooters for consumers.”

The companies also announced that Korea’s leading food delivery companies, Logiall, and Manna Plus, are already using Gogoro Smartscooters and the company’s battery swapping network.

Gogoro Battery Swapping

With more locations than gas stations in Taiwan’s cities, the Gogoro Network is a new generation of swappable battery refueling that is smart, safe and continually optimizing itself to be dynamic and versatile for riders, businesses and communities. The Gogoro Network supports 540,000 riders and has more than 1.1 million smart batteries in circulation through its network of 12,000 battery swapping stations at over 2,500 locations. With more than 400,000 daily battery swaps and more than 465 million total battery swaps to date, Gogoro Network battery swapping has saved more than 650,000 tons of CO2 since it launched.

globe-group’s-917ventures,-ayala-corp-and-gogoro-introduce-new-era-of-sustainable-transport-in-the-philippines

GLOBE GROUP’S 917VENTURES, AYALA CORP AND GOGORO INTRODUCE NEW ERA OF SUSTAINABLE TRANSPORT IN THE PHILIPPINES

 

Leading Filipino digital solutions platform Globe Group’s 917Ventures, top Philippine conglomerate Ayala Corporation, and Gogoro Inc., (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today launched Gogoro Smartscooters® and battery-swapping in the Philippines. In ceremonies at Globe’s headquarters, the three companies also announced Gogoro’s public availability in Metro Manila by Q4 2023.

“We in the Globe Group are very proud to bring Gogoro Smartscooters® and battery-swapping to the Philippines, a transport ecosystem that marries mobility innovation and sustainability,” said Ernest Cu, Globe Group President and CEO. “This year, Filipinos will have access to these electric two wheel vehicles and Gogoro’s convenient and cost-efficient battery-swapping technology, another first in the Philippines.”

The Gogoro launch marks the climate tech debut of the Globe Group as it continues to deliver innovations that address Filipinos’ daily pain points. Together, the companies are introducing a new era in sustainable transportation that brings together smart, convenient and accessible two-wheel electric vehicles to customers.

It also marks the Philippine entry of Gogoro, a company that has transformed two-wheel mobility in Taiwan and fostered a new smart mobility industry with a network of eco-friendly businesses and end-users. In addition to Taiwan and the Philippines, Gogoro is also operating in ChinaIndiaJapanIndonesia, Korea and Israel.

As a better transportation alternative, Gogoro aims to address commuter woes on expensive gas prices while helping curb carbon emissions that are in line with partners’ shared commitment to sustainability, and the Philippine government’s sustainable development agenda.

“Our partnership with the Globe Group and Ayala Corporation in the Philippines is a major milestone in our mission to transform urban transportation and provide an accessible path for riders to adopt sustainable urban mobility and play a key role in battling climate change and making the world better for all,” said Horace Luke, Founder and CEO of Gogoro. “We look forward to working together to deliver a sustainable transport system that will improve air quality, reduce carbon emissions, and provide a superior riding experience for consumers in the Philippines.”

Luke said the company is excited to bring the Gogoro ecosystem to the Philippines and is committed to replicating its success in Taiwan, where Gogoro has 540,000 riders and has deployed more than 1 million smart batteries at 12,000 battery-swapping stations. Gogoro riders have swapped more than 450 million total swaps; 400,000 per day; and, Gogoro has saved more than 627,000 tons of CO2 since launching.

“The Gogoro ecosystem is very convenient as its swap-and-go technology allows riders to swap out depleted batteries for charged ones in just seconds and go on their way. With the current traffic situation in the metro, these Smartscooters® will serve as an eco-friendly alternative to ease congestion while at the same time reducing carbon emissions,” said Bernie Llamzon, Globe Capital Venture Holdings Inc. Director.

Cu thanked the Philippine government’s support for the shift to EVs as he cited the importance of enabling policy for electric vehicles to succeed in the country.

“The shift to EVs, particularly deploying Gogoro’s battery-swapping system, will go a long way with sustained government support that will allow private sector initiatives to prosper. Sustainable transportation projects are, after all, aligned with the government’s long-term agenda to promote environment-friendly transport options and foster digitalization as mobility needs of Filipino individuals and businesses rise,” said Cu.

foxconn-and-gogoro-announce-strategic-partnership-to-accelerate-the-expansion-of-gogoro’s-battery-swapping-system-and-smartscooters

Foxconn And Gogoro Announce Strategic Partnership To Accelerate The Expansion Of Gogoro’s Battery Swapping System And Smartscooters

 

Foxconn®, the world’s largest electronics manufacturer, and Gogoro®, a technology leader that is accelerating the shift to sustainable urban mobility, today announced they had signed a Memorandum of Understanding (MOU) to form a strategic technology and manufacturing partnership. Together, the companies will accelerate Gogoro’s global expansion by utilizing Foxconn’s world-leading manufacturing capabilities to introduce new levels of manufacturing capabilities and scale for Gogoro battery swapping technologies and Smartscooters. The announcement follows Gogoro’s recent market announcements in India and China and growing interest for its battery swapping ecosystem around the world.

“As the world embraces smart electric transportation in new ways, a key challenge is how to introduce these new innovative options to people in every corner of the world. The Foxconn -Gogoro partnership was established to meet this demand,” said Young Liu, Chairman of Foxconn. “This partnership brings together Gogoro’s global leadership in urban battery swapping and smart vehicle technologies with Foxconn’s extensive global manufacturing capabilities to enable mass distribution of Gogoro’s smart battery swapping ecosystem and vehicles.”

Foxconn and Gogoro will begin collaborating on multiple projects including smart batteries, vehicle engineering and manufacturing. By integrating Foxconn’s strong manufacturing, global capabilities and top quality, Gogoro will focus on its own product design, technology development, marketing and branding, expanded distribution and customer service channels.

“As the Gogoro ecosystem continues establishing itself as the industry leader in battery swapping and urban refueling, our ability to rapidly scale our manufacturing to meet global demands is vital,” said Horace Luke, founder and CEO, Gogoro Inc. “Foxconn’s global manufacturing leadership, focus on new innovative technologies and commitment to sustainable electric transportation made it the perfect fit for Gogoro. Together, our companies will be on the forefront of rolling out smart mobility solutions in cities around the world.”

Key to Foxconn’s vision for the future, is its 3+3 strategic initiative that focuses on three emerging industries and three major core technologies that include investments in electric vehicles, digital health, and robotics industries as well artificial intelligence, semiconductors and next-generation communication technologies, forming its key “3+3” (industry and technology) strategy. With this announcement, Foxconn is expanding beyond four wheels to include Gogoro’s two-wheel Smartscooter vehicles as well as its battery swapping technologies. In the electric cars industry, Foxconn is assertively promoting the MIH Alliance by teaming up over 1,600 software and hardware partners. Foxconn also uses the global layout in ICT (Information and Communication Technology) to integrate the advantage of manufacturing ability and quickness to become the major partner for international automobile brands.

Foxconn has a formidable global supply chain, and possesses key component manufacturing capabilities, structural R&D capabilities and system integration services. This unique set of proficiencies allow Foxconn to vertically consolidate services, and also provide services on smart platforms. Foxconn will maintain its core ethos of sharing, and continue its dedication to innovative technologies to propel the sustainable development of our automotive ecosystem.

Gogoro has established itself as a global innovation leader in compact electric propulsion, smart battery design, battery swapping, and advanced cloud services that utilize artificial intelligence to manage battery availability and safety. At the heart of Gogoro’s ecosystem is the Gogoro Network, a hyper-efficient battery swapping platform that was recognized by Frost & Sullivan with the 2020 Company of the Year Award for the Global Swappable Battery Electric Scooter Market. With nearly 400,000 riders and 2,100 battery swapping stations, Gogoro Network is hosting 270,000 daily battery swaps with nearly 200 million total battery swaps to date. In addition to the Gogoro Network, in 2015 Gogoro also unveiled its award-winning Gogoro Smartscooter as the world’s first smart electric two-wheel vehicle. In 2019 it established the Powered by Gogoro Network Program (PBGN) that provides Gogoro’s vehicle maker partners access to Gogoro innovations and intellectual property including its intelligent drivetrains and controllers, components and smart systems, so they can develop and roll-out unique electric vehicles that integrate Gogoro Network battery swapping.