- Hero partners with Taiwan-based Gogoro
- Gogoro’s battery swapping technology to be brought to India
- Gogoro already has 2,000 battery swapping stations abroad
Hero MotoCorp has signed a strategic partnership with Gogoro for developing a battery-swapping network in India and developing electric vehicles. For those who don’t know, Gogoro is a Taiwan-based company that specialises in battery swapping technology. It has set up around 2000 battery swapping stations to date that are collectively being used for about 2,65,000 battery swaps every day.
Hero aims to bring Gogoro’s battery swapping platform, called the Gogoro Network, to India that will help the company build a strong EV eco-system here. Simultaneously, the Indian bike maker will also introduce its own electric two-wheeler. This strategy will help Hero deal with the range anxiety issue that the electric vehicle customers tend to have.
The partnership strives to accelerate the transition to smart and sustainable electric mobility not just in India but also in other countries. Hero’s collaboration with Gogoro is another major development in its plan to be prominent and active in the EV space. The first Hero-branded electric two-wheeler could be the electrified version of the Maestro Edge 110 that was spied at the Hero World Event in May last year. Moreover, Hero also has a 34.58 per cent stake in Ather Energy, the electric two-wheeler company we know for its extremely potent and high-tech e-scooters, the 450 Plus and 450X.
Now, it remains to be seen how soon and at what scale will the Hero-Gogoro’s charging infrastructure be established in India. We are also looking forward to the launch of Hero’s first EV. With Ola Electric’s recent announcement of establishing a 500-acre production facility for electric two-wheelers in India, Hero might already have a tough rival to watch out for.