Gogoro Inc., a Taiwan-based electric scooter maker and battery-swapping platform, announced Tuesday the two new strategic initiatives that drive momentum in Indonesia, the world’s third largest two-wheel vehicle market.
The firm said in a statement that it has partnered Hon Hai (Foxconn), Indonesia Battery Corporation (IBC) and Indika Energy to jointly develop a sustainable electric vehicle ecosystem in Indonesia that establishes the foundation for an open industry.
The partnership initially includes the four founding members but is expected to include additional mobility companies in the future.
The joint partnership will start with electric battery manufacturing (including battery cell, battery module, and battery pack) and expands into the development of the 4-wheel electric vehicle (EV), 2-wheel EV and electric bus (E-Bus) industry. The scope of cooperation also includes the development of EV-supporting industries, covering energy storage systems (ESS), battery exchange/swap stations, battery recycling, and research and development (R&D) electric battery and EV.
Gogoro has also expanded its partnership with Electrum, a joint venture between Gojek and TBS Energi Utama, to strengthen the development of Indonesia’s EV Infrastructure, focusing specifically on two-wheel EVs and battery swapping.
Gogoro and Electrum are partnering across technology and energy segments (upstream and downstream) in support of the Indonesian government’s ambitions to turn Indonesia into a global leader in sustainability through the development of a robust and integrated EV industry.
The collaboration further strengthens the existing cooperation between Gojek and Gogoro, through which both parties are working together on an ongoing pilot for EVs and battery swapping stations in South Jakarta.
Earlier in December 2021, Gogoro launched the Gogoro Gojek pilot in Jakarta consists of 250 Gogoro Smartscooters and four GoStation battery swapping stations that are located at Pertamina gas stations. Pertamina is the Indonesian state-owned oil and natural gas corporation. Together, the companies plan to scale up the pilot to 5,000 vehicles and more battery swap stations in the future.
With its new and expanded corporate and government partnerships, Gogoro said it is playing a key role in accelerating the growth of electric vehicles in Indonesia and is helping the country reach its climate goals and lead the transformation to electric mobility in Southeast Asia.
“Gogoro is committed to accelerating the growth and adoption of electric vehicles in Indonesia, and we are taking a proactive approach to supporting the development of an open mobility ecosystem that establishes a foundation for the EV industry,” said Horace Luke, Founder, Chairman, and Chief Executive Officer of Gogoro.
“Our new partnerships and memorandum of understandings (MOUs) further demonstrate Gogoro’s commitment to Indonesia and our vision for working with a variety of domestic and global industry leaders to introduce a new era of transportation in the world’s third largest two-wheel market,” he added.
Asia is responsible for half of the world’s commuter miles. With 111 million vehicles, Indonesia is the third largest two-wheel market in the world and the most significant for Southeast Asia.
The Indonesian government has taken an aggressive approach to transition urban transportation from gas to electric and has made significant commitments to cut Greenhouse Gas Emissions (GHG) including a 43 percent reduction goal by 2030 and to zero by 2060.
With lightweight 100 to 150cc gas scooters dominating the Indonesian market, Gogoro’s battery swapping platform and vehicle technologies were developed to provide a better overall experience to comparable 100-150cc gas scooters. Gogoro’s platform also removed many of the traditional challenges of developing 100-150cc equivalent electric vehicles.
Founded in 2011 to rethink urban energy and inspire the world to move through cities in smarter and more sustainable ways, Gogoro leverages the power of innovation to change the way urban energy is distributed and consumed. Its battery swapping and vehicle platforms offer a smart, proven and sustainable long-term ecosystem for delivering a new approach to urban mobility.