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Home Editor's Pick Market Research

Gogoro As The Global Leader In Light Electric Vehicle Battery Swapping

Urja Daily by Urja Daily
August 31, 2021
in Market Research
Reading Time: 3 mins read
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Gogoro - Swapping Battery
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TAIPEI, Taiwan – Gogoro Inc, a technology leader accelerating the shift to sustainable urban mobility, today announced it had been recognized by leading research firm, Guidehouse Insights, as the global leader in light electric vehicle battery swapping.

“Gogoro has differentiated itself from the competition through its early and compelling vision for light EV battery swapping,” says Ryan Citron, senior research analyst with Guidehouse Insights.  “It offers an extensive product portfolio across the battery swapping supply chain, a strong track record on quality and performance in its product line, and an unmatched partner network highlighted by several of the world’s largest two-wheeler OEMs.”

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Gogoro Network, the hyper-efficient battery swapping platform, is the de facto standard for powering electric two-wheel vehicles in Taiwan. Together with its vehicle partners, Gogoro-powered vehicles account for nearly 97% of all electric scooters sold in Taiwan. Gogoro recently announced its 400,000th Gogoro Network monthly subscriber, 200 millionth battery swap and that it had saved millions of kilograms of CO2 since its launch in 2015. The Gogoro Network is establishing global market traction via strategic partnerships in India and China, and growing interest for its battery swapping ecosystem around the world.

“We are honored to be recognized by Guidehouse Insights as the global leader in lightweight electric vehicle battery swapping. The Gogoro Network is a sustainable smart city battery swapping ecosystem that provides vehicles makers, riders and cities with a cleaner, faster and superior electric refueling solution.” said Horace Luke, founder and CEO, Gogoro Inc. “We are at a critical stage in the transformation of urban mobility and the evolution of smart cities. Delivering mass-market access to smarter fuel and more intelligent light urban vehicles that nearly a billion commuters rely on every day is key to our success as a society.”

Gogoro Network

The Gogoro Network is an open platform for battery swapping and smart mobility services, delivering a fresh alternative to legacy fuel. Gogoro Network combines the power of connectivity, artificial intelligence, and machine learning to create a new generation of swappable battery refueling that is smart, scalable and continually optimizing itself to be dynamic and versatile for people, communities and businesses.

The Powered by Gogoro Network Program gives 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.

Guidehouse Insight Leaderboard: Light EV Battery Swapping Suppliers Report

The report examines the strategy and execution of 14 leading light EV battery swapping suppliers. These vendors were rated on 10 criteria: vision; go-to-market strategy; partners; production strategy; geographic reach; market presence; product quality and reliability; product portfolio; pricing; and staying power. Vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the growing global light EV battery swapping market.

Tags: battery swappingelectric vehicleGogoroGuidehouse InsightsmobilityTechnology
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