Gogoro Partners with Cycle & Carriage to Launch Battery-Swapping Smartscooters in Singapore
Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced it has been certified to launch its battery swapping and Smartscooters in Singapore and plans to launch with its exclusive distribution partner, Cycle & Carriage (C&C) in Q4 2024. Cycle & Carriage (C&C) also announced a partnership with Shell Recharge to launch battery swapping GoStations at Shell service stations in the Singapore market.
"After working closely with Singapore's Land Transport Authority (LTA) to secure a permit to launch our battery swapping platform in Singapore, I am pleased to announce that Gogoro is now certified to operate in Singapore. This certification is a testament to how safe, smart, reliable and eco-friendly Gogoro battery swapping is," said Horace Luke, founder and CEO of Gogoro. "Gogoro, Cycle & Carriage and foodpanda have been participating in a pilot that has demonstrated incredible success and we look forward to transitioning to commercial operations soon. We are looking forward to providing a seamless path for riders to adopt sustainable electric transportation in Singapore."
"While battery swapping technology and two-wheel electric vehicles are relatively new in Singapore, our partnership with Gogoro will accelerate the growth," said Wilfrid Foo, Managing Director of Cycle & Carriage Singapore. "The positive feedback from foodpanda riders and valuable data gained from the sandbox pilot have given us confidence to commercialise Gogoro in Singapore. We believe that this is a viable green mobility solution for Singapore."
Gogoro Battery-Swapping and Smartscooter Pilot Results
Announced in March 2023, Gogoro and C&C partnered with foodpanda, a leading food delivery platform, to trial Gogoro's Smartscooters and battery-swapping platform to gain insights in sustainable mobility solutions in Singapore. The pilot, which is slated to be completed by September 2024, has received positive feedback on the performance of the Smartscooters with high satisfaction scores for their speed, lack of heat, silent ride, and minimal vibrations. It has also been observed that battery swaps are quick and convenient, completed in less than one minute. The riders are also pleased with the all-inclusive leasing package and aftersales support offered by C&C. On average, each rider accumulated approximately 2,200km per month and performed up to two battery swaps per day. Each battery swap allows the riders to travel up to 100km.
C&C also announced today that they have partnered with Shell Recharge to launch Gogoro's battery swapping GoStations at Shell service stations in Singapore. The first Shell-based GoStation is slated for completion by August 2024, and more are expected at Shell stations across the city-state in the next two years.