Home › Business ›Maharashtra Government and Gogoro to Tie-up to Develop Smart Battery Infrastructure Worth USD 1.5 Billion
Maharashtra Government and Gogoro to Tie-up to Develop Smart Battery Infrastructure Worth USD 1.5 Billion
Gogoro aims to develop a smart energy infrastructure in Maharashtra that is accessible and sets up battery swapping and smart battery stations as a source for mobility and energy storage.
July 03, 2023. By EI News Network
Maharashtra's ‘Ultra Mega Project’ offer Outlines an Eight Year Phase 1 Investment Plan that comprises USD 500 Million Investment in Manufacturing and USD 1 Billion in Smart Battery Infrastructure Deployment by Gogoro aided by Financial Incentives and Reimbursements by the Maharashtra government.
Maharashtra and Gogoro Inc. declared that the Maharashtra government had introduced Gogoro with an offer letter to set foot into an 'Ultra Mega Project' agreement to manufacture vehicles, smart battery packs and battery swap stations, and deploy an open and accessible battery swapping infrastructure.
Chief Minister Shri. Eknath Shinde said, "As the leading State in India for electric vehicles, Maharashtra is demonstrating our strong commitment towards sustainable transportation for all. We are creating a smart battery ecosystem with Gogoro, a leader in sustainable vehicles and electric fuel technologies. As part of the project, Gogoro will establish its India vehicle, smart battery and battery swapping station manufacturing in Maharashtra and deploy their industry leading smart battery infrastructure in the state, generating approximately 10,000 direct and indirect jobs".
Horace Luke, founder, and CEO of Gogoro, added, "Building on Gogoro's successful deployment of an open battery swapping network that supports multiple vehicle makers in Taiwan, we plan to proceed in partnership with the Maharashtra government to bring Gogoro vehicles, smart batteries and swap stations to India starting with the state of Maharashtra. We are focused on creating a domestic supplier ecosystem that allows for domestic growth and foreign market expansion".
Gogoro aims to develop a smart energy infrastructure in Maharashtra that is accessible and sets up battery swapping and smart battery stations as a source for mobility and energy storage.
Gogoro was established in 2011 and is based in Taoyuan City, Taiwan.
Maharashtra and Gogoro Inc. declared that the Maharashtra government had introduced Gogoro with an offer letter to set foot into an 'Ultra Mega Project' agreement to manufacture vehicles, smart battery packs and battery swap stations, and deploy an open and accessible battery swapping infrastructure.
Chief Minister Shri. Eknath Shinde said, "As the leading State in India for electric vehicles, Maharashtra is demonstrating our strong commitment towards sustainable transportation for all. We are creating a smart battery ecosystem with Gogoro, a leader in sustainable vehicles and electric fuel technologies. As part of the project, Gogoro will establish its India vehicle, smart battery and battery swapping station manufacturing in Maharashtra and deploy their industry leading smart battery infrastructure in the state, generating approximately 10,000 direct and indirect jobs".
Horace Luke, founder, and CEO of Gogoro, added, "Building on Gogoro's successful deployment of an open battery swapping network that supports multiple vehicle makers in Taiwan, we plan to proceed in partnership with the Maharashtra government to bring Gogoro vehicles, smart batteries and swap stations to India starting with the state of Maharashtra. We are focused on creating a domestic supplier ecosystem that allows for domestic growth and foreign market expansion".
Gogoro aims to develop a smart energy infrastructure in Maharashtra that is accessible and sets up battery swapping and smart battery stations as a source for mobility and energy storage.
Gogoro was established in 2011 and is based in Taoyuan City, Taiwan.
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