Taiwan-based battery systems provider Gogoro is proceeding with the $2.5 billion Memorandum of Understanding (MoU) with the Maharashtra government to establish battery-swapping infrastructure in the state but without collaboration with Pune-based Belrise Industries.
While the MoU was signed in January 2023, Gogoro and Belrise decided not to pursue joint venture plans due to challenges in fulfilling various parameters.
Despite this, both companies maintain positive business ties, and Belrise continues as a strategic partner and supplier for Gogoro CrossOver. The promoters express intent to explore future opportunities to contribute to India’s electrification efforts together.
Recently, Gogoro Inc., a leading global technology company specializing in battery-swapping ecosystems for sustainable urban mobility, has announced the immediate availability of its battery-swapping ecosystem and Smartscooters in India. Alongside this launch, Gogoro unveiled its first India-manufactured Smartscooter, the CrossOver GX250.
