Taiwan-based e-scooter company Gogoro expands into India and China

Taiwanese e-scooter brand Gogoro registered the Gogoro Viva electric scooter in India by joining hands with India’s largest two-wheeler manufacturer Hero MotoCorp, to create an electric vehicle ecosystem. It has also expanded to China, where its swappable smart batteries will be used in scooters made by Dachangjiang Group (DCJ), one of China’s biggest motorcycle makers, and Yadea, one of its top electric two-wheel companies.

DCJ and Yadea will invest US$ 50 million in an operating company to develop new two-wheel vehicles with their own branding, but using Gogoro technology, its batteries, drivetrains, controllers and other components.

“Think of it as DCJ and Yadea combining to create an AT&T. Gogoro will be the technology that powers them, so think about it like we’re the Ericsson,” said Gogoro co-founder and chief executive officer Horace Luke.

Gogoro’s deals in India and China are a big step towards Gogoro’s global strategy since launching the first Gogoro Smartscooter in 2015. Hero MotoCorp has been looking to get into the electric vehicle segment for some time now and it is already working on its first electric scooter in the form of the Hero eMaestro.

The Gogoro Viva was launched in 2019. Its partnership with Hero MotoCorp will allow the Indian giant to transition to electric two-wheelers. Gogoro will provide the tech and expertise in setting up a battery swapping infrastructure in India.

About Gogoro

Founded in 2011 by Horace Luke and Matt Taylor, Gogoro is an electric scooter targeted at young customers, with vibrant colours and an unconventional but youthful design. It has a mission to deliver consumer innovations with an aim to improve how the world’s most populated cities consume and save energy.

Gogoro battery swap

 Features of Gogoro Viva E-scooter

·       Claimed range of 85 km at 30 kmph

·       Powered by a 3kW hub motor with 115 Nm of peak torque.

·       LED lighting

·       Smartphone-enabled LCD instrument console

·       Regenerative braking

·       Keyless ignition.

Gogoro has raised around US$ 480 million in funding since it was founded in 2011. Some of its investors include HTC, Temasek Holdings and Generation Investment Management (GIM), a green tech investment firm co-founded by former United States vice president Al Gore. It can’t be said with certainty if the Gogoro Viva will go on sale in India as it is or if Hero MotoCorp will rebrand the Viva and sell it here. All that can be said is that, given the tiny EV charging infrastructure available in India, the battery swapping network of Gorogo could help in addressing some of the concerns of EV buyers.

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Komal writes about the startup ecosystem on VCBay. She is an Economics Hons. graduate from Miranda House, Delhi University, and is passionate about the world of entrepreneurship and finance.



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