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Gogoro and Zypp Electric Announce Strategic Partnership in India to Accelerate the Electric Transformation of Two-Wheel Last Mile Deliveries

New Delhi, IN, 03 Nov. 2022, 08:00 CEST
Gogoro and Zypp Electric Announce Strategic Partnership in India to Accelerate the Electric Transformation of Two-Wheel Last Mile Deliveries img#1

Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a strategic B2B initiative and partnership with Zypp Electric, India's leading EV-as-a-Service platform. Together, the companies are focused on accelerating the urban shift of logistics fleets and last mile deliveries to electric using battery swapping.

"We are seeing an incredible global transformation of urban transportation and energy systems to smarter, cleaner, and safer electric power, and there is nowhere it will benefit more than India. With more than 350 million battery swaps to date, Gogoro is introducing its advanced battery swapping platform in India to establish a new generation of electric two-wheel transportation that is proven, safe, and reliable," said Horace Luke, founder, chairman, and chief executive officer of Gogoro. "Today, we are announcing a strategic partnership with Zypp Electric, India's leading EV-as-a-Service platform, to launch a B2B pilot in Delhi that will enable last mile delivery fleets to begin to adopt sustainable energy and transform their businesses for the future using Gogoro battery swapping."

The Gogoro ecosystem offers businesses a path forward that is safe, sustainable, proven and easily scalable. Last mile delivery fleets require a sustainable solution that not only achieves the best alternative to gas-powered vehicles but is well suited to the specific segment needs of the delivery industry. The Gogoro platform delivers the most sophisticated two-wheel battery swapping system that enables delivery operators to manage their fleets and deliveries more efficiently and sustainably. Gogoro expects to launch its B2B pilot with Zypp Electric in Delhi in December 2022 and be deployed to multiple fleet operators to support last mile fulfillment, e-commerce, & hyper-local deliveries.

Gogoro Network

At the heart of Gogoro's ecosystem is the Gogoro Network, an open and interoperable battery swapping platform that was recognized in 2021 by Guidehouse Insights as the leading battery swapping platform for lightweight urban vehicles in the world. Gogoro Network is a new generation of swappable battery refueling that is smart, safe and continually optimizing itself to be dynamic and versatile for riders, business, and communities. With more than a half million riders and nearly 11,000 battery swapping GoStations at over 2,240 locations, Gogoro Network hosts more than 370,000 daily battery swaps with more than 350 million total battery swaps to date.

"Climate change & rising pollution are a major global concern and many world leaders are committed to bringing a change with revolutionary measures that perfectly align with our vision at Zypp Electric. We are super excited to partner with Gogoro, a like-minded global EV player stepping into the Indian market and decarbonizing Indian last-mile deliveries with Gogoro's state-of-the-art battery swapping platform that is proven at scale to be safe, easy for riders to use, easy to deploy in cities and open to all businesses," said Akash Gupta, CEO and co-founder of Zypp Electric. "We expect this partnership to set an example for how a network of battery swapping stations and EVs which will create a robust EV ecosystem towards solving the last mile problem efficiently across the country."

India Establishes New Two-wheel EV Standards

The Indian government is taking a proactive approach to establishing a new benchmark for electric vehicle safety that includes new standards and requirements for vehicles, batteries, and charging and battery swapping systems. The new standards are designed to ensure India is on par with global EV standards moving forward.

"Today's strategic initiative and partnership with Zypp is a first step in validating and demonstrating Gogoro's proven leadership in battery swapping while also learning from local businesses and riders," said Kaushik Burman, general manager of India for Gogoro. "Gogoro is a founding member of the Indian battery swapping association (IBSA), and we are collaborating with multiple industry partners and regulatory authorities to contribute to a better India. Gogoro has been working to secure all of the relevant certifications for its batteries and battery swapping stations."

Shoonya Zero-Pollution Mobility Campaign

Gogoro supports the "Shoonya — Zero-Pollution Mobility" public awareness campaign that is shepherded by the Rocky Mountain Institute (RMI) and the National Institution for Transforming India (NITI Aayog), India's public policy think tank. The "Shoonya — Zero-Pollution Mobility" campaign promotes the use of EVs for urban deliveries and ride-hailing. Shoonya, meaning "zero" in Sanskrit language, implies the beginning and origination of possibilities. Inspired by this connotation, the Shoonya campaign plans to revolutionize the transport sector with a radical and urgent transition to zero-emission vehicles. The campaign has three core components: 1) Corporate Brand Program. 2) Consumer Awareness Drive and a 3) Resource Kit for EV users. For more information, visit https://shoonya.info/.

India Battery Swapping Association ( I B SA )

IBSA is an industry association formed by the leading battery swapping players in India to provide cohesive views and technical input to the government and public on battery swapping. Gogoro is one of the founding members of IBSA. In its short period of existence, IBSA has made significant contributions in the form of inputs to India's upcoming Battery Swapping Policy and Standards making at BIS.

Gogoro Appoints Kaushik Burman as General Manager of India

Gogoro has appointed Kaushik Burman as general manager of India for Gogoro. Burman previously led Gogoro's global expansion and prior to Gogoro, was a General Manager at Shell in Europe and Asia. Burman is an experienced business leader with a broad range of experience across leadership roles in Europe, North America and Asia. His sector experience ranges from transport, energy and fintech verticals – with a focus on leading P&L and driving innovation.