Gogoro is a Taiwanese company that developed a battery-swapping refueling platform for urban

electric Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by ...

two-wheel scooters,

moped A moped ( ) is a type of small motorcycle, generally having a less stringent licensing requirement than full motorcycles or automobiles. The term used to mean a similar vehicle except with both bicycle pedals and a motorcycle engine. Mopeds typ ...

s and

motorcycle A motorcycle (motorbike, bike, or trike (if three-wheeled)) is a two or three-wheeled motor vehicle steered by a handlebar. Motorcycle design varies greatly to suit a range of different purposes: long-distance travel, commuting, cruising ...

s. It also develops its own line of electric scooters and offers its own vehicle innovations to vehicle maker partners like Hero, Yamaha, Aeonmotor, PGO, eReady and eMOVING. Gogoro also operates GoShare, a rideshare service, in Taiwan and

Ishigaki Island , also known as ''Ishigakijima'', is a Japanese island south-west of Okinawa Hontō and the second-largest island of the Yaeyama Island group, behind Iriomote Island. It is located approximately south-west of Okinawa Hontō. It is within the ...

in Japan. Gogoro Smartscooter, the first consumer product from Gogoro, was revealed at the Consumer Electronics Show (CES) in

Las Vegas Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas ...

in January 2015. Along with the scooter, Gogoro announced a battery-swapping network under the name Gogoro Energy Network.

History

Gogoro was founded in 2011 by entrepreneurs Horace Luke and Matt Taylor. In its year of inception, Gogoro secured $50 million in seed funding from Dr. Samuel Yin of Ruentex Group and Cher Wang. In October 2014, Gogoro raised an additional $100 million in Series B funding from a collection of investors. In November 2015, Gogoro announced a $30 million round of investment from

Panasonic formerly between 1935 and 2008 and the first incarnation of between 2008 and 2022, is a major Japanese multinational conglomerate corporation, headquartered in Kadoma, Osaka. It was founded by Kōnosuke Matsushita in 1918 as a lightbulb ...

an
Taiwan's National Development Fund
In September 2017, Gogoro announced a $300 million Series C round of investment from Singapore's

Temasek Temasek (also spelt Temasik) is an early recorded name of a settlement on the site of modern Singapore. The name appears in early Malay and Javanese literature, and it is also recorded in Yuan and Ming Chinese documents as ''Danmaxi'' ( or ...

, Generation Investment Management, co-founded by

Al Gore Albert Arnold Gore Jr. (born March 31, 1948) is an American politician, businessman, and environmentalist who served as the 45th vice president of the United States from 1993 to 2001 under President Bill Clinton. Gore was the Democratic no ...

, Japan's Sumitomo Corporation, and French utility

Engie Engie SA is a French multinational utility company, headquartered in La Défense, Courbevoie, which operates in the fields of energy transition, electricity generation and distribution, natural gas, nuclear, renewable energy and petroleum. It ...

, increasing the Smartscooter innovator's capital up to US $480 million. The company went public in 2022 with its merger with Nasdaq-listed special-purpose acquisition company Poema Global. On April 21, 2021, Gogoro announced a strategic partnership with the world's top two-wheel vehicle maker, Hero MotoCorp, to roll out its Gogoro Network battery swapping in India. In December 2020, analyst firm Frost & Sullivan recognized Gogoro as the 2020 Global Company of the Year Award for the Swappable Battery Electric Scooter Market.

Gogoro Network

The Gogoro Network is a

modular Broadly speaking, modularity is the degree to which a system's components may be separated and recombined, often with the benefit of flexibility and variety in use. The concept of modularity is used primarily to reduce complexity by breaking a s ...

battery swapping A battery swapping (or switching) station allow electric vehicles to exchange a discharged battery pack for a charged one as an alternative to plugging the vehicle into a charging station. Battery swapping is common in electric forklift applicatio ...

infrastructure designed to be deployed in cities for electric refueling of two wheel vehicles like scooters, mopeds and motorcycles. Riders would be able to swap out depleted batteries at a network of kiosks called GoStations for a monthly subscription fee. According to Gogoro, as of April 2021 in its pilot market of Taiwan, Gogoro Network had 370,000 riders and managed more than 175 million battery swaps, 265,000 per day, through its 2,000 GoStations. The Gogoro Smartscooter was the first vehicle to be integrated into the Gogoro Network in 2015. The network also includes the Powered by Gogoro Network program through which other manufacturers of electric motor scooters can build scooters which utilize the Gogoro Network infrastructure. As of April 2021, Gogoro has seven vehicle maker partners including Hero, Yamaha, Aeonmotor, PGO, eReady, eMOVING and Gogoro. In 2022, Gogoro announced it planned to launch in

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bor ...

Gogoro Network in Taiwan

In July 2015, Gogoro Smartscooter was launched in

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...

, a country with the highest scooter density in the world. By the end of the same year, more than 4,000 Smartscooters were sold and its market share in Taiwan's electric scooter market hit 33.94%. According to Gogoro, in 2016 the company had a GoStation less than every 1.3 kilometers in Taipei. In February 2021 the network consisted of 1,959 GoStations and more than 764,000 battery packs. 66 of the GoStations in 2021 were Super GoStations which were larger than regular GoStations with the ability to service up to 1,000 riders a day. Some stations have grid batteries, able to keep charging scooter batteries during grid failures.

Gogoro Network in China

In October 2021 Gogoro Network launched in

Hangzhou Hangzhou ( or , ; , , Standard Mandarin pronunciation: ), also romanized as Hangchow, is the capital and most populous city of Zhejiang, China. It is located in the northwestern part of the province, sitting at the head of Hangzhou Bay, whic ...

, China under the Huan Huan brand, with 45 GoStations in partnership with Yadea and Dachangjiang Group. It has since expanded to

Wuxi Wuxi (, ) is a city in southern Jiangsu province, eastern China, by car to the northwest of downtown Shanghai, between Changzhou and Suzhou. In 2017 it had a population of 3,542,319, with 6,553,000 living in the entire prefecture-level city ar ...

and Kunming, with 250 swapping stations in China as of September 2022. In November 2022, Gogoro announced it would delay its expansion plans in China due to economic and geopolitical uncertainty.

Gogoro Network in Indonesia

In December 2021, Gogoro launched a pilot program in Jakarta with

Gojek PT Gojek Indonesia (stylized in all lower case and stylized ''j'' as goȷek, formerly styled as GO-JEK) is an Indonesian on-demand multi-service platform and digital payment technology group based in Jakarta. Gojek was first established in Ind ...

, with 250 Smartscooters and 4 GoStations.

Gogoro Network in Singapore

In September 2022, Gogoro was awarded a sandbox pilot by Singapore's Land Transport Authority (LTA) to launch Smartscooters and battery swapping technology.

Gogoro Network in Israel

Israel is one of the first markets outside of Taiwan which Gogoro has explored. In September 2022, Gogoro launched its Smartscooters and battery swapping technology in

Tel Aviv Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the ...

, with plans to expand into other Israeli cities in the near future.

Gogoro Network in India

On November 3, 2022, Gogoro announced a battery swapping pilot in

Delhi Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders ...

in partnership with Zypp Electric, a delivery company. The network began operation on November 8, 2022.

Gogoro Network in the Philippines

On November 29, 2022, Gogoro announced a battery swapping pilot in Manila in partnership with

Ayala Corporation Ayala Corporation (Spanish: ''Corporación Ayala'', formerly ''Ayala y Compañía'' (Ayala & Company)) is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the Philippines by Domingo Róxas and A ...

, with plans to launch in the first quarter of 2023.

Products

Gogoro 1 Smartscooter

Released in 2015. The Gogoro Smartscooter is an electric scooter designed for urban transportation. It is powered by an electric motor developed by Gogoro, which is marketed as the G1 Aluminum Liquid Cooled Permanent Magnet Synchronous Motor. Instead of plugging into an outlet to recharge, the Smartscooter runs on swappable

lithium ion A lithium-ion or Li-ion battery is a type of rechargeable battery which uses the reversible reduction of lithium ions to store energy. It is the predominant battery type used in portable consumer electronics and electric vehicles. It also se ...

18650 batteries.

Gogoro 2 Smartscooter

Released in 2017. The second model of Gogoro. The company states the following figures for the Smartscooter based on internal testing: The Smartscooter's sensors collect information such as speed, battery level, consumption rate, system failures, and scooter falls. This information is presented to riders via Gogoro mobile apps.

Gogoro Viva

In September 2019, Gogoro unveiled the Viva Smartscooter, a smaller electric scooter that provided a smaller option for customers.

Gogoro S1

Gogoro SuperSport

Partners

Gogoro has announced the following strategic partnerships: * Hero MotoCorp: on April 21, 2021, Gogoro announced a strategic partnership with the world's top two-wheel vehicle maker, Hero MotoCorp, to rollout its battery Gogoro Network battery swapping in India. * Coup Mobility GmbH: an electric scooter sharing service using Gogoro scooters that operated in Berlin, Tübingen, Paris and Madrid between 2016 and 2020 but was closed for economic reasons. * Tier Mobility GmbH: electric scooter sharing service operating in Berlin, Cologne, Munich and Hamburg. Tier acquired the assets of Coup in early-2020. * Ride Go Share: electric scooter sharing service in Okinawa, Japan * Carbon belts: developed in partnership with

Gates Gates is the plural of gate, a point of entry to a space which is enclosed by walls. It may also refer to: People * Gates (surname), various people with the last name * Gates Brown (1939-2013), American Major League Baseball player * Gates McFadde ...

* Performance tires: developed in partnership with

Maxxis Cheng Shin Rubber Industry Co. () is a Taiwanese and the ninth largest tire company in the world. Established in 1967, in Yuanlin City, Changhua County, Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, a ...

* Battery cells: developed in partnership with

References

External links

* {{Authority control Electric vehicle infrastructure developers Companies based in Palo Alto, California Companies listed on the Nasdaq Privately held companies based in California Taiwanese companies established in 2011 Motorcycle manufacturers of Taiwan Electric vehicle manufacturers of Taiwan Taiwanese brands Scooter manufacturers Special-purpose acquisition companies