Taiwan’s Gogoro Sees India as ‘Holy Grail’ for EV Technology
- Gogoro has over a million batteries in circulation today: CEO
- Partnerships key to scaling up battery-swapping in India
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Taiwanese startup Gogoro Inc. sees huge scale for its battery-swapping technology in India, joining the race to get a slice of an electric vehicle market which is expected to reach 400 times its current size by the end of the decade.
“India represents the holy grail where we see our technology making an impact,” said Horace Luke, the chief executive officer and founder of Gogoro Inc. on Bloomberg TV Tuesday. The electric scooter and battery-swapping-station maker is going to get its “technology honed, fine-tuned and calibrated to the India condition.”