Gogoro’s First Impact Report Is Out; highlights benefits of battery swap
- By Bhushan Mhapralkar
- February 20, 2023
As India pursues a goal to drastically reduce greenhouse gases through efforts like a shift to zero carbon emission vehicles that also lead to the elimination of dependence on imported fuels, even imported battery cells, the first impact report of Taiwan-based Gogoro is out. It outlines some very interesting and important factors on battery electric two-wheelers and battery swapping technology, stopping short of how green electricity could be harness over a grey source to ensure a greener well to wheel journey.
Highlighting Gogoro's progress in sustainability and ESG, the first impact report categorically outlines how its swapping and smart scooters have been successful in enabling a transformation to sustainable urban transportation. The company's Founder and CEO Horace Luke mentions that ten years ago few were contemplating the urban energy and transportation transformation necessary to address in the wake of the plight cities were facing because of air pollution and other negative effects of climate change. Our first impact report highlights this and the progress we have made in our ESG initiatives, in-turn outlining our future intentions, he adds.
Drawing attention how the report summarises his company’s commitments and progress in four key strategic areas of cleaner planet, safety and resilience, responsible business and social impact, Luke avers that these four areas are key to our success in achieving smarter, cleaner and safer cities.
With nearly two million customers and 400 million battery swaps to date, Gogoro has established an open 360-degree ecosystem, which is AI-powered and cloud-connected to deliver the most accessible urban energy solution. The system is constantly learning, adjusting and optimising smart batteries and swapping stations to enable a variety of smart city solutions.
Stating how the battery swap technology and smart scooters have made a positive impact with the help of key statistical data in terms of fossil fuel consumption reduction, CO2 emissions reduction, particulate emission reduction and employment generation, the first impact report also highlights how cities in Asia and Africa, where two-wheelers are used for daily commutes, are benefitting. With the battery swapping system paid particular attention to because it allows users to refuel their electric scooters quickly and easily, the first impact report states that the system or technology creates the potential to integrate renewable power into electricity grids through virtual power plants and demand response programmes.
In 2022, Gogoro began purchasing renewable energy in Taiwan to further reduce the amount of scope 2 emissions caused by its manufacturing, retail operations and battery swapping service, according to the first impact report. With a long-term goal of achieving 100 percent renewable energy, in 2022, it achieved 40 percent renewable energy in its factory operations and at two retail stores.
Gogoro And Hero Group
Hero MotoCorp, which began deliveries of its first Vida V1 electric scooter in select cities in India starting with Bengaluru, announced in 2021 that it has entered into a strategic partnership with Gogoro to establish a battery swapping JV that will bring the Taiwanese company's industry leading battery swapping platform to the Indian market. The Indian two-wheeler major also announced that the two companies will collaborate to build electric two-wheelers in India that are branded as Hero and powered by Gogoro network.
Drawing attention to Gogoro's hyper-efficient battery swapping network receiving the 2020 Frost & Sullivan Company of the Year award for the Global Swappable Battery Electric Scooter Market, sources aware of the development mentioned that Hero MotoCorp would benefit from Gogoro's knowledge and experience to drive a beneficial arrangement in the electric two-wheeler market that is also being encouraged by the government. Citing that there are hurdles like an electric two-wheeler attracting 5 percent GST and a battery attracting 18 percent GST, they added that these are being followed up on and would soon hopefully be sorted.
Encouraging battery swap with a favourable policy structure
While Gogoro may be keen to carve out a good pie of the Indian market with its intelligent battery swapping technology, India's homegrown company, Sun Mobility, may not be any less in its ability to deliver on the same front. At Auto Expo 2023, it showcased an AI enabled smart battery swapping system and smart battery packs in line with the government's encouragement to develop an efficient EV ecosystem and bring about a shift to lower the CO2 emissions that Indian cities seem to battle with. Cities like Mumbai, which have until now not figured among the top polluted cities in the world, seem to be getting there with high particulate, NOx and CO2 emissions.
While the high amount of construction activity and a change in wind currents may be the contributing factor, the fact that the number of two-wheelers in the megacity have risen in the last one or two decades is an indication that a transition to EVs will contribute to lowering of emission levels to an extent. An ability to generate electricity needed to fuel these many numbers of electric two-wheelers would also need to come from a greener source rather than from lignite burning thermal plants that would mean a mere shift of pollution from cities to rural areas where most thermal plants are.
Gogoro partnership with Maharashtra Government
The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructure in January 2023. The two companies in association to the respective state government plan to build a smart energy infrastructure that is open and accessible and establishes battery swapping and smart battery stations as a leading source for mobility and energy storage. The deployment is also expected to accelerate job growth throughout the smart energy, electric vehicle and sustainability value chain. It is expected to foster smart electric vehicle manufacturing and assembly too.
Royal Enfield Expands Flying Flea Sales In Hyderabad
- By MT Bureau
- October 09, 2026
Flying Flea, the electric mobility brand from Royal Enfield, has expanded its retail network in India by launching operations in Hyderabad. Following its initial rollout in Bengaluru, where registered vehicles have accumulated over 100,000 kilometres, Hyderabad becomes the second Indian market for the brand.
The expansion includes four touchpoints across Hyderabad, comprising one company-owned store in Erragadda and three dealer partner locations operated by Taurus Motors in Vanasthalipuram, Bolt Motorcycles in Hi-Tech City and SVR Motors in Kondapur. The network utilises a hub-and-spoke operational structure, designating the Erragadda facility for technical support while the partner locations handle routine service and sales operations.
The brand's initial offering, the Flying Flea C6 electric motorcycle, is priced at INR 279,000 ex-showroom or INR 199,000 under a Battery-as-a-Service model. The vehicle is offered in three colour options: Storm Black, Flea Green, and Parachute White, with roadside assistance provided across retail channels.
The retail launch in Hyderabad follows Flying Flea's international expansion into European and UK markets, including retail locations in Paris, Barcelona, Berlin, Rome and London.
- Zomato
- Blinkit
- Eternal
- EV Bazaar
- Mahmood Ahmed
- MoRTH
- Jitender Patil
- Anjalli Ravi Kumar
- EMO Energy
- Sheetanshu Tyagi
- Zomato Local Services
Zomato And Blinkit Host EV Bazaar 3.0 To Accelerate Fleet Electrification
- By MT Bureau
- October 09, 2026
Zomato and Blinkit, operating under parent company Eternal, hosted the third edition of EV Bazaar at the KD Jadhav Stadium in New Delhi to promote electric two-wheeler adoption among delivery partners.
The event drew participation from 2,500 delivery gig workers and over 20 original equipment manufacturers and ecosystem partners, showcasing more than 30 electric two-wheeler models alongside vehicle rental, financing and charging solutions.
The event included addresses by Mahmood Ahmed, Additional Secretary at the Ministry of Road Transport and Highways and Jitender Patil, Head of the EV Cell at the Transport Department of Maharashtra.
As of 30 September 2026, over 200,000 delivery partners across the Zomato and Blinkit platforms operate electric two-wheelers. During FY2026, electric vehicles completed 228 million deliveries across both platforms, avoiding an estimated 9,926 tonnes of carbon dioxide emissions.
Mahmood Ahmed said, “The electrification of the transportation section is a critical contributor to India’s energy security and air pollution control. The adoption of EVs by delivery partners is important to accelerating the transition since charging, swapping and servicing networks will expand for the industry and benefit other users as well. I appreciate this proactive initiative by Zomato and Blinkit to further the gig ecosystem’s shift to electric mobility and enabling a better future for India.”
Anjalli Ravi Kumar, Chief Sustainability Officer, Eternal, said, “For our delivery partners, the performance of their bike is critical to their ability to earn efficiently. Delivery may only be one of their many responsibilities on the same day. That makes the move to electric a practical and financial question as much as an environmental one. EV Bazaar gives delivery partners a place to evaluate their EV bike purchase options by directly interacting with companies who build, rent, finance and charge EV bikes. We thank each of them for being part of the third edition.”
To facilitate vehicle access, the companies operate a 'Rent a vehicle' feature within their delivery partner mobile applications, enabling workers to lease electric two-wheelers and locate charging and battery-swapping stations within assigned delivery zones. Over 23,000 delivery partners utilised the rental feature in fiscal year 2026. Additionally, Zomato Local Services launched an owned electric vehicle rental fleet in June 2025, deploying over 1,500 electric two-wheelers across Delhi and Chennai by March 2026.
Sheetanshu Tyagi, Co-Founder and CEO, EMO Energy, said, “EMO Energy brings advanced batteries and 20-minute charging together to keep last-mile vehicles moving. With Zomato and Blinkit, we are enabling riders to charge faster, operate with zero downtime, and have greater vehicle availability.”
During the event, three delivery partners received new electric two-wheelers and one partner was awarded a one-year rental sponsorship from the network in recognition of operational performance and participation in platform electrification initiatives.
Jio-bp, Vertelo Partner To Build Commercial EV Charging Network
- By MT Bureau
- October 09, 2026
Jio-bp, the operating brand of Reliance BP Mobility, has signed a Memorandum of Understanding (MoU) with electric vehicle leasing platform Vertelo to develop charging infrastructure and financial solutions for electric buses and trucks in India.
The partnership combines Vertelo's commercial vehicle leasing platform with Jio-bp's fast-charging network across urban centres and highway transport corridors.
As per the agreement, both entities will explore providing fleet operators with turnkey charging infrastructure projects, preferential charging rates and location tracking for charging hubs. The initiative aligns with the Government of India's PM E-DRIVE program, which promotes zero-emission commercial transport adoption.
Sarthak Behuria, Chairman, Jio-bp, said, "India's transition to electric mobility is no longer a question, it is happening quickly. At the heart of this transformation are commercial fleets - buses and trucks that keep our people, cargo, and economy moving every day, often covering the longest distances and the toughest routes. At Jio-bp, we believe EV charging infrastructure is a critical part of national infrastructure and our partnership with Vertelo marks an important step towards building the charging backbone needed to cater to the demands of this transition."
Akshay Wadhwa, CEO, Jio-bp, said, "Jio-bp pulse has been built on a simple promise - accessible, reliable, high-uptime EV charging wherever needed. With Vertelo, we are bringing that same reliability to commercial fleets, which have distinct needs shaped by routes, battery capacities and operating patterns. This MoU lets us address those needs directly, while exploring practical charging and financing solutions for fleet operators. Together, we aim to make reliable charging more accessible for electric buses and trucks."
Sandeep Gambhir, CEO, Vertelo, said, "Commercial vehicles cover far more kilometres than passenger cars, which makes them the segment where electrification delivers the greatest environmental return, and where charging access matters most. Jio-bp has built meaningful infrastructure along the major corridors our customers operate on. This collaboration will help connect more cities and communities across the country while reinforcing Vertelo’s status as a trusted enabler of EV adoption through its ecosystem play through leasing and financing solutions along with creating the necessary infrastructure to facilitate the same."
The collaboration addresses charging access, battery performance management, and capital expenditure barriers for commercial fleet operators transitioning from internal combustion engine vehicles.
Kinetic Watts And Volts Partners IDFC FIRST Bank For Retail Financing
- By MT Bureau
- October 06, 2026
Pune-headquartered electric vehicle company Kinetic Watts and Volts, a subsidiary of Kinetic Engineering, has entered into a retail financing partnership with IDFC FIRST Bank to provide credit options across its dealership network.
The arrangement enables customers at Kinetic EV dealerships to access loan options, interest rates and instalment plans, subject to eligibility criteria. Ground teams from IDFC FIRST Bank will collaborate directly with dealership staff to process applications at the point of sale. The initiative coincides with the expansion of Kinetic EV’s retail footprint, which currently comprises over 65 operational sales, service and spare parts facilities in India.
Ajinkya Firodia, MD, Kinetic Watts and Volts, said, "For many customers, choosing an electric two-wheeler is not just about selecting the right product, but also about finding a purchase option that works for them. Our partnership with IDFC FIRST Bank gives customers greater choice at the point of purchase and strengthens the support available across our dealership network. With quick financing options, attractive EMI plans and exciting offers for eligible customers, we want to make the overall purchase journey simpler and more convenient. As we continue to expand our presence across markets, we look forward to making the journey towards electric mobility more accessible for more customers."
The tie-up leverages the bank's branch and operational network to support dealership sales in multiple regional markets. The companies are also developing customer schemes and promotional offers that will be announced at a later date.

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