Thursday, May 16, 2024

Singapore’s Land Transport Authority Awards Gogoro With Sandbox Pilot

Gogoro Inc., a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, announced that Singapore’s Land Transport Authority (LTA) has awarded it with a sandbox pilot to deploy and validate battery swapping as a means for next generation smart mobility.

Gogoro and Jardine Cycle & Carriage announce Partnership for battery swapping in Singapore.

Gogoro is kicking off its sandbox pilot by partnering with Jardine Cycle & Carriage (SGX: C07), a diversified group with market-leading businesses across Southeast Asia. Jardine Cycle & Carriage’s subsidiary 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 swapping infrastructure in the city-state.

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“Cities are in desperate need of sustainable transportation solutions, not just for consumers, but for businesses. Gogoro battery swapping provides a sustainable path for urban fleets that is safe, reliable, scalable and always available. Today in Taiwan, Gogoro’s battery swapping enables more than a quarter of all quick commerce deliveries like food and online purchases and nearly 100% of all electric deliveries,” said Horace Luke, founder, chairman, and chief executive officer of Gogoro. “We are partnering with Jardine Cycle & Carriage Group to introduce this new sustainable business model for food delivery and logistics fleets in Singapore today and in other cities across the region in the future.”

JC&C’s Managing Director for Direct Motor Interests, Wilfrid Foo, added, “In support of the Singapore Green Plan 2030, we are excited to collaborate with Gogoro to introduce an innovative electric two-wheeler solution for our city-state’s green ambitions. We are confident that we are well-placed to accelerate the implementation of Gogoro’s best-in-class battery swapping solution by deploying our existing infrastructure to operate the GoStation network in Singapore. Together with Gogoro, we are looking for partners in the delivery or logistics space that are interested in harnessing this potential and benefitting from this platform with us. Jardine Cycle & Carriage participates across the automotive value chain from manufacturing, distribution, retail to aftersales in several Southeast Asian countries. With our regional network, we look forward to the prospect of facilitating opportunities for the penetration of electric scooters and battery swapping stations in new markets.”

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