Gogoro Announces Partnership With DCJ and Yadea to Build Battery Swapping Network in China

Gogoro Partners with Dachangjiang Group (DCJ), China’s Top ICE Two-Wheel Vehicle Maker, and Yadea, To Introduce Gogoro Battery Swapping In China.

Gogoro is accelerating the shift to sustainable urban mobility, today the company announced a partnership with DCJ and Yadea, China’s leading 2-wheel vehicle manufacturers, to create a battery swapping system in China using Gogoro’s battery swapping platform. The partnership brings together these three giants in an attempt to establishe a smart infrastructure that will enable urban growth of electric battery swapping.

The Gogoro swapping network is a hyper-efficient battery swapping platform, that has already been selected to partner with India’s Hero MotoCorp, the largest 2 wheel manufacturer in India. The Gogoro system was also recognized by Frost & Sullivan with the 2020 Company of the Year Award for the Global Swappable Battery Electric Scooter Market.

So far the swapping system is providing serviced 390,000 riders using the swapping system and more than 2,100 battery swapping stations, Gogoro Network manages approximately 270,000 daily swaps with over 185 million total swaps to date.

“Asia’s most populated cities are beginning to adopt cleaner urban transportation systems for their millions of scooter and motorcycle riders by leveraging innovative electric refueling solutions like Gogoro battery swapping,” said Al Gore, Nobel Peace Prize winner, former Vice President of the United States, and co-founder and chairman of Generation Investment Management, which is an investor in Gogoro. “Gogoro’s partnership with Yadea and DCJ in China, which builds upon their existing work with Hero MotoCorp in India, sends a clear signal that the world’s two-wheel leaders are helping to fuel the sustainability revolution in Asia with smart battery swapping.”

As a key part of the partnership, both DCJ and Yadea will develop a range of electric scooters or motorcycles, that have matching battery specs to the Gogoro Network battery swapping platform. So we can expect to see models from both companies that will accommodate a battery that can be swapped, and has the default features of the Gogoro network swapping system.

“Introducing a new era of sustainable urban transportation in China takes industry leaders like DCJ, Yadea and Gogoro coming together with a shared vision to embrace new business models and technologies that set the stage for a better future,” said Horace Luke, founder, and CEO, Gogoro Inc. “We all share an ambitious vision for changing how China’s cities operate in smarter and cleaner ways and the Gogoro Network was created to provide an easy path forward for simple and sustainable electric refueling of two-wheel vehicles with smart battery swapping.”

As the top motorcycle maker in China, DCJ has led the ICE-powered motorcycle market in sales for 18 years with over 2 million sold units per year. Yadea is also one of the global e-bike leaders overall, with sales of more than 10 million electric 2-wheelers in 2020 alone.

CLIMATE COMMITMENTS SPARK EV GROWTH

China has been making some significant climate change plans in recent years, being one of the largest investor, producer and consumer of renewable energy. It has established new regulations for electric motorcycles and scooters, that will bring upon the retirement of 270 million vehicles that don’t meet new quality and safety requirements (the move is expected to happen by 2025). Some local governance support is also instituting new electric charging and ‘refueling’ regulations to ensure easier electric refueling for riders in cities.

This tailwind by regulations will increase the usage in electric vehicles across China, and the shift by leading ICE manufacturers such as DCJ marks a turning point for electric mobility in the country.

“Yadea has a vision to inspire a movement towards greener transportation and lead the two-wheel industry into the future. As a global leader in electric two-wheel vehicles, Yadea is committed to creating environmentally friendly high-tech vehicles and our strategic cooperation with Gogoro continues this commitment,” said Dong Jinggui, chairman, Yadea Technology Group Co. Ltd. “Gogoro’s innovative battery swapping technology will provide cities with a better electric refueling system that greatly reduces consumer anxiety on battery life and range as well as usage costs. It will introduce a brand-new mobility experience that is safer and more convenient while reducing the carbon footprint of our customers. We are changing the future of mobility and introducing a new generation of green energy.”

The first Gogoro battery swapping network is expected to launch in one city this year, 2021, with additional cities across China to follow in 2022. With 6 months ahead, Gogoro, DCJ and Yadea plan to create the full infrastructure required to electrify the 2 wheel mobility in that city.

“In order to achieve the national strategic goal of ‘emission peak and carbon neutrality’ and to reduce emissions, motorcycle electrification from ‘fuel to electricity’ is an irreversible path. DCJ will increase investment in this field to achieve rapid development,” said Li Jianjun, executive director of the board, Jiangmen Dachangjiang Group Co., Ltd. (DCJ). “Today, battery swapping technology is the best solution to solve various pain points of electric vehicles. Gogoro owns the world’s leading battery swapping technology. Yadea is a global leader in electric two-wheelers. The strong combination of the three parties will help quickly get Gogoro’s battery swapping network up and running in the Chinese market. The goal is to provide safer and more reliable mobility services for the general public.”

Source: Gogoro