Gogoro to make e-scooter bikes in India, rolls out battery swap network

FILE PHOTO: Riders stop in front of a battery-swapping station by Taiwanese electric scooter maker Gogoro Inc in Taipei, Taiwan April 19, 2022. REUTERS/Annabelle Chih/File Photo

NEW DELHI (Reuters) - Taiwan's Gogoro has started manufacturing electric scooter bikes in India and will set up around 100 battery swap stations by mid-2024, its CEO said on Tuesday, marking its entry into one of the world's fastest-growing vehicle markets.

Gogoro has already committed to investing $1.5 billion in western Maharashtra state including in a factory where it will build its CrossOver e-scooter in partnership with Foxconn, Horace Luke told reporters in New Delhi.