SINGAPORE, Oct. 16, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities and its exclusive Singapore distribution partner, Cycle & Carriage, today announced they will be launching Gogoro battery swapping and Smartscooters in Singapore later this month.

"Together with Cycle & Carriage, we are introducing a new generation of two-wheel urban transportation and refueling in Singapore. Gogoro battery swapping provides a quick, easy and safe electric refueling experience that doesn't require parking or time to charge," said Henry Chiang, CEO of Gogoro. "Singapore has taken a proactive approach to accelerating EV adoption and the Singapore LTA's TR25 electric vehicle charging standard has established a strong set of requirements for Southeast Asia to embrace."

"Gogoro is Cycle & Carriage's first foray into the two-wheeler electric mobility business here in Singapore and it highlights our commitment to support the Singapore Green Plan 2030," said Wilfrid Foo, Managing Director of Cycle & Carriage Singapore. "While battery swapping technology is relatively new here, we believe in the products and our partnership with Gogoro will accelerate the growth."

Three Gogoro Smartscooters
C&C is launching three Gogoro Smartscooter models:

• Gogoro Viva Mix - Gogoro Viva Mix is a lightweight, nimble Smartscooter that is compact and has a riding range of up to 150km.

• Gogoro Premium - Gogoro Premium boasts a range of up to 170km with a 6.4kW of power output.

• Gogoro SuperSport - Gogoro SuperSport comes with many Smart Features to enhance rider safety and up to 170km riding range.

Gogoro Battery Swapping
The 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. In Taiwan's cities, Gogoro has more battery swapping stations than gas stations and the Gogoro Network supports more than 610,000 riders and has more than 1.4 million smart batteries in circulation through its network of 12,500 battery swapping GoStations racks at over 2,500 locations. There are more than 400,000 daily battery swaps and more than 630 million total battery swaps to date. Gogoro battery swapping has avoided more than 1 million tons of CO2 emissions.

Singapore Market Demand
With only one percent of 2023 registered two-wheel vehicles on the road being electric, there is a strong market potential for more electric two-wheel vehicles in Singapore. With the Gogoro Smartscooters being priced competitively, the cost is comparable to internal combustion engine two-wheel vehicles in the market.