RIDE ON: The two companies expect to ink an agreement by the end of the year, with the first Gogoro-made scooters for Yamaha making their debut next summer

Taipei Times
Date: Sep 12, 2018
By: Lisa Wang  /  Staff reporter

Gogoro Inc (睿能創意) yesterday said it is close to wrapping up talks with Yamaha Motor Co to make electric scooters for the Japanese firm and to share its battery-swapping network in Taiwan.

The deal would inject new growth momentum into Gogoro, as the market for electric scooters heats up after Kwang Yang Motor Co (光陽工業), the nation’s largest supplier of gasoline-powered scooters, joined the fray last month by unveiling its first electric model.

The collaboration with Yamaha marks the first manufacturing contract clinched by Gogoro, which had been focused on promoting its own-brand electric scooters and battery-swapping network since its inception in 2011.

The contract should help the company expand its production volume, it said in a statement.    [FULL  STORY]