Gogoro & Belrise is affiliated with the government of Maharashtra. for battery exchange network
Taiwan’s electric mobility giant Gogoro and India’s Belrise Industries have announced a partnership with the state of Maharashtra to establish a battery swapping infrastructure. A non-binding Memorandum of Understanding (MoU) was signed at the Maharashtra booth at the World Economic Forum in Davos, Switzerland. As part of the deal, Gogoro and Belrise will have a 50:50 partnership and will invest $2.5 billion over the next eight years to build the necessary charging infrastructure.
As part of building out the charging infrastructure, the companies plan to set up smart battery and battery swapping stations across the state. This will help drive job growth across the entire energy, electric and sustainability value chain, the companies say. The extensive charging network will also enable electric vehicle production and assembly in the state.
Also read: Taiwan-based Gogoro launches battery swap pilot service in India
Speaking about the announcement, Maharashtra Minister Eknath Shinde said, “This is truly a remarkable time for the State, which will probably be the largest green partnership of this nature worldwide. gender.”
Devendra Fadnavis, Deputy Minister of Maharashtra, added: “As a national leader in sustainability, the state of Maharashtra needs to embrace new technologies that are open, accessible and enable dynamic solutions. can accelerate the transition to smarter sustainable cities and set an example for other states in India to follow. We are working with Gogoro and Belrise to deploy the world’s largest and most innovative smart energy infrastructure that leverages battery swapping to address the unique and distributed energy challenges we face. we encounter every day. This project will enable new alternatives to the fossil fuel solutions many of our residents use today.”
Horace Luke, founder and CEO of Gogoro, said: “The future of nations and sustainable smart cities is not about a single company or government but about a community together. each other instills a new way of thinking and a new sustainable use of energy. in an open and accessible way. This partnership represents this future and this new way of thinking – not only about sustainable transportation but also about a whole new system. That’s why we really believe in building an open and accessible infrastructure that will support the entire ecosystem. The state of Maharashtra, Belrise Industries and Gogoro together plan to change energy use and establish this new sustainable economy that will encourage job creation, establish new technical and sustainable industrial capacities, and ultimately increase the state’s exports.”
Shrikant Badve, CEO of Belrise Industries, said: “Clean energy is the future and now is the time for Indian businesses to begin their transition to a new sustainable operating model. As a homeowner India’s leading manufacturer of transport, we are embracing this for our business, our customers and our communities.Today we are partnering with Gogoro, the innovation leader. A global newcomer in smart sustainable energy and the most industrious Indian state of Maharashtra to deploy the largest mobile battery swap infrastructure of its kind to create a new generation of battery products and services. services that the inhabitants of Maharashtra can use.”
Gogoro and Belrise will start building battery swap infrastructure in Maharashtra from this year onwards. They plan to leverage Gogoro’s smart battery stations, technology swaps, network management solutions as well as energy storage solutions. The partnership also hopes to bring together the ability to share smart mobility, smart electric vehicles, on-demand services, and smart agriculture, among other uses thanks to its extensive charging network. . Gogoro has partnered with Hero MotoCorp for the Vida electric mobile division.
First published date: January 17, 2023, 19:27 PM IST