Singapore Land Transport Authority Awards Gogoro Smart Mobility Sandbox Pilot, CIOSEA News, ETCIO SEA

Gogoro® Inc. (Nasdaq: GGR), a global technology leader in battery-swap ecosystems that enable sustainable mobility solutions for cities, today announced that the Land Transport Authority (LTA) of Singapore has awarded it a sandbox pilot project to deploy and validate battery swapping as a means of next-generation smart mobility.

Gogoro is launching its sandbox pilot project by partnering with Jardine Cycle & Carriage (SGX: C07), a diverse group with market-leading companies in Southeast Asia. Cycle & Carriage, a subsidiary of Jardine Cycle & Carriage, will be the exclusive distributor of Gogoro’s electric scooters in Singapore as well as the operator and installer of Gogoro’s battery exchange infrastructure in the city-state.

“Cities desperately need sustainable transportation solutions, not only for consumers, but also for businesses. Gogoro Battery Swap offers a sustainable path for city fleets that is safe, reliable, scalable and always available. Today “Today in Taiwan, the Gogoro Battery Exchange enables more than a quarter of all fast commercial deliveries like food and online shopping and almost 100% of all electrical deliveries,” said Horace Luke, Founder, Chairman and Managing Director of Gogoro.” We are partnering with Jardine Cycle & Carriage Group to bring this new sustainable business model for food delivery and logistics fleets to Singapore today and other cities in the region at the future.”

JC&C Managing Director for Motor Stakeholders, Wilfrid Foo, added: “In support of Singapore’s Green Plan 2030, we are delighted to partner with Gogoro to showcase an innovative electric two-wheeler solution for Singapore’s green ambitions. our city-state. We are confident that we are well positioned to accelerate the implementation of Gogoro’s best-in-class battery swap solution by deploying our existing infrastructure to operate the GoStation network in Singapore. Together with Gogoro, we are looking for partners in the field from delivery or logistics who are interested in exploiting this potential and benefiting from this platform with us. Jardine Cycle & Carriage participates in the entire automotive value chain, from manufacturing, distribution, retail to aftermarket in several Southeast Asian countries. Through our regional network, we look forward to facilitating opportunities for e-scooters and battery swapping stations to enter new markets.”

Launching soon, the Gogoro Battery Swap Sandbox Pilot will include Gogoro Smartscooters, Gogoro GoStation Battery Swap Stations, and Gogoro Smart Batteries. Cycle & Carriage will manage Gogoro’s battery exchange network and vehicle fleet in Singapore. Cycle & Carriage will also explore the possibility of working with a variety of food delivery and logistics fleets in the country. The Gogoro Sandbox supports Singapore’s Green Plan 2030 and its vision for Singapore’s transition to sustainable energy and transport.

“Gogoro is honored to have received approval from the Land Transport Authority of Singapore (LTA) to operate a sandbox to validate the Gogoro battery swap as a refueling solution for smart mobility. for the future, and we applaud the Singapore Green Plan 2030 and its proactive commitment to sustainable energy and transport,” said Luke.

In early 2022, Gogoro announced its participation in the development of the new Singapore Technical Reference Standard (TR25) for electric vehicle charging, where Gogoro focused on battery swapping for two-wheeled electric vehicles. TR25 has established new requirements for safe installation, maintenance and operation of EV charging, including battery swap systems that provide a significant pathway to accelerate EV adoption in Singapore. One of the main objectives of the sandbox is to obtain the TR25 certification of Gogoro’s battery exchange platform.

Singapore and other Southeast Asian cities need sustainable mobility solutions for logistics and delivery fleets that are not only the best alternative to gas-powered vehicles, but that are well suited to their specific needs in the world. market and industry. The Gogoro ecosystem combines the highest vehicle optimization and reliability for businesses while providing the simplest and most sophisticated battery swapping system that allows logistics companies to better manage their fleets and deliveries more efficiently.

Launched in 2015, the Gogoro battery exchange has become the leader in refueling for two-wheeled electric vehicles with over 92% market share in Taiwan in the first half of 2022. The open battery exchange ecosystem de Gogoro currently supports ten different vehicle brands, accounting for over 25% of all two-wheelers sold in Taipei City, Taiwan in the first half of 2022.

At the heart of the Gogoro ecosystem is the Gogoro Network, an open and interoperable battery swap platform that was recognized in 2021 by Guidehouse Insights as the leading battery swap solution for light-duty urban vehicles. The Gogoro network is an open platform for battery exchange and smart mobility services, offering a new alternative to traditional fuel. Gogoro Network is a new generation of interchangeable battery provisioning that is intelligent, scalable and continuously optimizing to be dynamic and versatile for people, communities and businesses. With over 500,000 users and nearly 11,000 GoStation battery swap cabinets in over 2,240 locations, Gogoro Network hosts 340,000 daily battery swaps with over 325 million total battery swaps to date.

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