The Philippines is being targeted by the Taiwanese company that is commercializing battery swaps for electric scooters. A B2B battery swap pilot will be launched in Manila in the first quarter of 2023 with the help of a group of companies.
Globe is a part of the umbrella of the company.
A few days after the Philippines approved the removal of import duties on electric vehicles and their parts for the next five years, there was a partnership with heavy hitters in the Filipinoecosystem. The Philippines signed an electric vehicle industry development act this year to promote clean energy innovation. The removal of tariffs on battery charging and swap equipment makes it the perfect time for Gogoro to introduce its Smartscooters into the country.
The Philippines is trying to electrify and we are going to be the first to lead the market. There hasn't been mass adoption of two-wheelers yet, so we see a huge opportunity for growth. It would be great if it went towards electrification as they adopted.
Eventually, Gogoro wants to bring an open network battery swap system to the Philippines, one that is compatible with locally produced electric two-wheelers as well as Gogoro's own Smartscooters.
The Philippines is not the same as the rest of the world. The popularity of two-wheelers in the country has not been as high as in India or China. Market adoption is starting to pick up with the increase of delivery andlogistics services, which is why Gogoro is entering the market with a B2B pilot focused on the industry.
Gogoro wouldn't say which delivery provider it will initially partner with, but it did say that the company has its own dedicated unit. By the beginning of next year, Gogoro will have sent through several hundreds of its Smartscooters and several hundreds batteries, as well as half a dozen swapping stations, which will be placed throughout Manila for delivery riders.
The base load will be built using B2B as the first step. Base load is the minimum amount of users that allow you to create a business model that is proven to work. This is an opportunity for us to demonstrate the viability of the business model because of the high gas prices in the Philippines.
It will take at least six months for the pilot to be expanded to new partners or even private consumers. Gogoro wants to get feedback from the market on whether two-wheelers can be adopted in the Philippines and whether battery swapping will take hold. The data from vehicles will be collected in order to fine tune the system.
More than 25% of Taiwan's quick commerce deliveries and almost all of their electric deliveries are powered by Gogoro's battery swapping technology, and we see this solution being most beneficial to a densely populated region like Metro Manila. The success of this pilot will lead to a new sustainable business model in other cities in the country. Taiwan's experience can be used by the Philippines.
Over 2,260 locations are included in the global network of Gogoro. The company, which has a market dominance in Taiwan, hosts more than 350,000 battery swaps a day.
The company recently announced a B2B partnership with an EV-as-a- Service platform. The pilot with Zypp will compliment Gogoro's partnership with Hero MotoCorp and will be launched in Delhi in December.
Gogoro has a presence in Tel Aviv, as well as in China and Indonesia.
Gogoro’s public debut could supercharge EV battery swapping across the globe
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