Gogoro to expand two-wheeled battery swapping business in the Philippines next year
Table of Contents
Gogoro to launch battery swapping pilot
Gogoro is a Chinese Taiwanese company that is commercializing the ev battery swapping. Gogoro has established the battery swap brand with Yadea to focus on the Chinese battery swapping market; next, gogoro is looking at the Philippines as its next market. gogoro said it has partnered with Gogoro said it has partnered with Philippine company Ayala, telecom provider Globe and venture capitalist 917Ventures to launch a B2B EV swappable battery pilot in Manila, Philippines, in the first quarter of 2023.
Gogoro has partnered with heavyweights in the Philippine ecosystem after the country approved the elimination of import tariffs on electric vehicles and their parts for the next five years. The move is part of the Electric Vehicle Industry Development Act, which the Philippines signed into law this year to promote clean energy innovation.
Horace Luke, Gogoro’s founder and CEO, described the removal of tariffs as also applying to battery charging and swapping equipment, making it the perfect time for Gogoro to introduce its battery swapping stations and smart scooters to the country. “The Philippines is experimenting with electrification and we will be the first to really take a leadership position and lead the market in this area” “We see a huge opportunity because the Philippines has not yet adopted two-wheeled vehicles on a large scale and this will be a market for us to grow” , so says Luke.
Gogoro partners with electric two-wheeler manufacturers in India and China
Finally, Gogoro, one of the most famous battery swapping station manufacturers in China, wants to bring an open network battery swap system to the Philippines that is compatible with locally produced electric two-wheelers as well as Gogoro’s own electric vehicles.Gogoro has partnered with Indian and Chinese electric two-wheeler manufacturers to integrate their own battery swapping pools into their two-wheeled electric vehicles in order to easier access to the market without having to import their own electric vehicles from the Philippines.
However, the Philippines is a different type of market. Historically less popular in the Philippines than in India or China, two-wheelers are now starting to pick up in market adoption as delivery and logistics services increase, so Gogoro’s strategy is to enter the market with a B2B pilot focused on the logistics industry.
Gogoro will not announce which delivery provider it will initially work with, but Ayala Corp. does have its own dedicated division, AC Logistics. by early next year, Gogoro will send hundreds of electric vehicles with hundreds of batteries and six battery swapping stations, which will be placed throughout Manila for delivery The rider will use them.
“We’re going to use B2B as the first step in really building what we call a base load,” Luke said. “Base load is basically the minimum number of users that use the network, and it allows you to actually create a business model that is proven to work. Now, given the price of gasoline in the Philippines, given the daily logistics passenger throughput, this is our opportunity to prove that the business model works.
Luke said the pilot will last at least six months and then expand to new B2B partners and even private consumers. During that time, Gogoro hopes to get feedback from the market on whether two-wheeled vehicles are adoptable in the Philippines and whether battery swap will come along with the adoption of two-wheeled vehicles, Luke said, adding that Gogoro will also collect data on the vehicles as they hit the road so it can fine-tune its systems.
Gogoro’s global battery swap network
“With more than 25 percent of Taiwan’s fast commercial deliveries and almost all electric deliveries powered by Gogoro’s battery swap technology, we believe this solution is most beneficial for densely populated areas like Metro Manila, which is also the hub of the business district,” the Philippine Department of Energy’s Energy We believe that this solution is most beneficial for densely populated areas like Metro Manila, which is also the hub of the business district,” said the Director of the Energy Utilization Authority of the Philippines in a statement. “The success of this pilot will pave the way for new sustainable business models in other cities in the country.
Gogoro’s global network includes nearly 11,000 battery swapping stations in more than 2,260 locations. the company has a dominant market position in Taiwan, where it says it conducts more than 370,000 battery swaps per day, for a total of more than 360 million swapping trips to date.
The company recently announced a similar B2B partnership with Zypp Electric, an electric vehicle-as-a-service platform, to electrify its logistics fleet and “last mile” deliveries in India. This will complement Gogoro’s existing consumer-focused partnership in India with local two-wheeler manufacturer Hero MotoCorp.
Gogoro to expand two-wheeled battery swapping business in the Philippines next year
Gogoro to launch battery swapping pilot
Gogoro is a Chinese Taiwanese company that is commercializing the ev battery swapping. Gogoro has established the battery swap brand with Yadea to focus on the Chinese battery swapping market; next, gogoro is looking at the Philippines as its next market. gogoro said it has partnered with Gogoro said it has partnered with Philippine company Ayala, telecom provider Globe and venture capitalist 917Ventures to launch a B2B EV swappable battery pilot in Manila, Philippines, in the first quarter of 2023.
Gogoro has partnered with heavyweights in the Philippine ecosystem after the country approved the elimination of import tariffs on electric vehicles and their parts for the next five years. The move is part of the Electric Vehicle Industry Development Act, which the Philippines signed into law this year to promote clean energy innovation.
Horace Luke, Gogoro’s founder and CEO, described the removal of tariffs as also applying to battery charging and swapping equipment, making it the perfect time for Gogoro to introduce its battery swapping stations and smart scooters to the country. “The Philippines is experimenting with electrification and we will be the first to really take a leadership position and lead the market in this area” “We see a huge opportunity because the Philippines has not yet adopted two-wheeled vehicles on a large scale and this will be a market for us to grow” , so says Luke.
Gogoro partners with electric two-wheeler manufacturers in India and China
Finally, Gogoro, one of the most famous battery swapping station manufacturers in China, wants to bring an open network battery swap system to the Philippines that is compatible with locally produced electric two-wheelers as well as Gogoro’s own electric vehicles.Gogoro has partnered with Indian and Chinese electric two-wheeler manufacturers to integrate their own battery swapping pools into their two-wheeled electric vehicles in order to easier access to the market without having to import their own electric vehicles from the Philippines.
However, the Philippines is a different type of market. Historically less popular in the Philippines than in India or China, two-wheelers are now starting to pick up in market adoption as delivery and logistics services increase, so Gogoro’s strategy is to enter the market with a B2B pilot focused on the logistics industry.
Gogoro will not announce which delivery provider it will initially work with, but Ayala Corp. does have its own dedicated division, AC Logistics. by early next year, Gogoro will send hundreds of electric vehicles with hundreds of batteries and six battery swapping stations, which will be placed throughout Manila for delivery The rider will use them.
“We’re going to use B2B as the first step in really building what we call a base load,” Luke said. “Base load is basically the minimum number of users that use the network, and it allows you to actually create a business model that is proven to work. Now, given the price of gasoline in the Philippines, given the daily logistics passenger throughput, this is our opportunity to prove that the business model works.
Luke said the pilot will last at least six months and then expand to new B2B partners and even private consumers. During that time, Gogoro hopes to get feedback from the market on whether two-wheeled vehicles are adoptable in the Philippines and whether battery swap will come along with the adoption of two-wheeled vehicles, Luke said, adding that Gogoro will also collect data on the vehicles as they hit the road so it can fine-tune its systems.
Gogoro’s global battery swap network
“With more than 25 percent of Taiwan’s fast commercial deliveries and almost all electric deliveries powered by Gogoro’s battery swap technology, we believe this solution is most beneficial for densely populated areas like Metro Manila, which is also the hub of the business district,” the Philippine Department of Energy’s Energy We believe that this solution is most beneficial for densely populated areas like Metro Manila, which is also the hub of the business district,” said the Director of the Energy Utilization Authority of the Philippines in a statement. “The success of this pilot will pave the way for new sustainable business models in other cities in the country.
Gogoro’s global network includes nearly 11,000 battery swapping stations in more than 2,260 locations. the company has a dominant market position in Taiwan, where it says it conducts more than 370,000 battery swaps per day, for a total of more than 360 million swapping trips to date.
The company recently announced a similar B2B partnership with Zypp Electric, an electric vehicle-as-a-service platform, to electrify its logistics fleet and “last mile” deliveries in India. This will complement Gogoro’s existing consumer-focused partnership in India with local two-wheeler manufacturer Hero MotoCorp.