Electric scooter maker Gogoro Inc (睿能創意) yesterday said that it has partnered with TIC Corp to distribute its electric scooters in South Korea targeting corporate clients, such as logistics and delivery service providers.
TIC would operate Gogoro’s battery swap system in South Korea, where Gogoro has helped install six battery stations in Seoul in a trial run, Gogoro said in a statement.
In South Korea, TIC would also help distribute the Gogoro 2 Utility, the same commercial two-wheeler adopted by Deutsche Post DHL Group and Chunghwa Post Co (中華郵政) last year, Gogoro said.
The deal allows Gogoro to enter the business-to-business market in South Korea by exporting its energy swap system along with its electric scooters.
It is different from the company’s previous overseas strategy of collaborating with local partners to offer electric scooter sharing services in big cities, including Milan, Rome, Madrid, Berlin and recently in Okinawa.
There are more than 4,000 Gogoro scooters running in those places, the company said.
In Taiwan, motorcycle maker Aeon Motor Co (宏佳騰) tomorrow is to roll out its first electric scooter, AI-1 Sport, which would be equipped with a swappable battery supplied by Gogoro.
Riders would be able to pick up fully charged batteries at battery stations built by Gogoro, the company said.
In June, Yamaha Motor Taiwan Co (台灣山葉) launched its first electric scooter, EC-05, which was also made by Gogoro and powered by the swappable batteries.
Unlike Gogoro’s swappable battery system, rival Kwang Yang Motor Co (光陽工業) has said that its battery charging solution is more suitable and affordable for riders.
Gogoro sold 72,066 electric scooters last year, more than doubling from the 34,434 vehicles it sold in 2017, according to the latest government statistics.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
Alchip Technologies Ltd (世芯), an application-specific integrated circuit (ASIC) designer specializing in server chips, expects revenue to decline this year due to sagging demand for 5-nanometer artificial intelligence (AI) chips from a North America-based major customer, a company executive said yesterday. That would be the first contraction in revenue for Alchip as it has been enjoying strong revenue growth over the past few years, benefiting from cloud-service providers’ moves to reduce dependence on Nvidia Corp’s expensive AI chips by building their own AI accelerator by outsourcing chip design. The 5-nanometer chip was supposed to be a new growth engine as the lifecycle