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.
Euler Motors Enters E-Autorickshaw Segment With Neo
- By MT Bureau
- August 26, 2025

Delhi-NCR-based electric vehicle maker Euler Motors has entered the electric three-wheeler passenger category with the 'Neo by Euler' brand.
The company introduced the first vehicle under this brand, the Neo HiRANGE electric three-wheeler, with an introductory price of INR 309,999. The vehicle is designed for last-mile passenger transport in cities.
The vehicles under the 'Neo by Euler' brand will serve a range of customers, including new EV buyers, drivers for ride-hailing services, fleet operators and self-employed owners. Euler Motors plans to roll out these vehicles across 50 Indian cities over the next three to four months.
Euler Motors states that autorickshaws are a vital part of urban transport in India. Its new EV, the Neo HiRANGE, addresses the need for reliable, long-range and durable vehicles in this sector. The company's two years of research and development, which included conversations with over 10,000 auto-rickshaw drivers, shaped the vehicle's design. The Neo HiRANGE is built for Indian roads, with a rugged chassis and real-time diagnostics.
The vehicle comes in three variants: Neo HiRANGE Maxx, HiRANGE Plus and HiRANGE. The top variant offers a range of over 200 km on a single charge and can be charged in 3.25 hours. It has a skateboard chassis, 65 Nm of torque and hill-assist for stable performance. The vehicle includes a warranty of up to six years or 175,000 km and an anti-theft GPS system.
Saurav Kumar, Founder and CEO, Euler Motors, said, "We are excited to enter the commercial passenger EV segment. 'NEO by Euler' reflects our proven leadership in the commercial EV market. It is the result of deep product learning and on ground engagement with auto drivers across Indian cities. We heard firsthand challenges faced by drivers every day, from long fuel queues and unreliable maintenance to passenger discomfort, and low savings. These insights have shaped every aspect of the brand. Drivers want a solution that offers the highest range in a single charge, supports their livelihood, and gives them the confidence to keep moving. 'Neo by Euler' is our response to those needs; a no-compromise brand built for the realities of commercial passenger mobility in India offering best in class passenger comfort, consistent earning to drivers and overall safe solution."
Ola Electric Gets PLI Certification For Gen 3 Scooter Portfolio
- By MT Bureau
- August 26, 2025

Bengaluru-headquartered electric vehicle company Ola Electric has announced that it’s Gen 3 e-scooter portfolio has received Certification for Compliance under the Production Linked Incentive (PLI) Scheme for the automobile and auto components sector.
The certification granted by the Automotive Research Association of India (ARAI) will allow Ola Electric to receive incentives from 13 percent to 18 percent of the determined sales value (DSV) until 2028.
At present, the company’s Gen 3 portfolio comprises of S1 Pro 3 kWh, S1 Pro 4 kWh, S1 Pro+ 4 kWh, S1 X 2 kWh, S1 X 3 kWh, S1 X 4 kWh and S1 X+ 4 kWh.
“Securing PLI certification for our Gen 3 scooters, which form the bulk of our sales, is a critical step towards profitability. This will directly strengthen our cost structure and margins, enabling us to deliver sustainable growth. With our auto business targeted to turn EBITDA positive, the certification acts as a strong catalyst to achieve that goal while ensuring our customers continue to get the best-in-class EVs at highly competitive prices,” said a Ola Electric spokesperson.
BMW Group India Drives Past 5,000 EV Deliveries, Establishes Charging Network Over 4,000km
- By MT Bureau
- August 22, 2025
German luxury automotive brand BMW Group India has cemented its leadership in the luxury electric vehicle (EV) market by becoming the first in the segment to deliver over 5,000 EVs in the country. To mark this significant milestone, the company has inaugurated a new high-power charging corridor spanning 4,000 kilometres from North to South, offering charging access to all EV brands.
The new corridor features charging stations every 300 kilometres, effectively linking major cities and highways from Jammu to Madurai. The route covers key locations including Delhi, Jaipur, Ahmedabad, Mumbai, Pune, Bengaluru and Chennai, aiming to eliminate range anxiety for EV drivers.
Vikram Pawah, President and CEO, BMW Group India, said, “BMW Group India is immensely proud to become the first luxury carmaker to cross the remarkable milestone of 5,000 electric vehicle deliveries. This achievement is not just a number, it represents our unwavering commitment to e-mobility and pioneering spirit in the premium EV landscape. At BMW, luxury and performance is delivered seamlessly with sustainability, and our electric products embody this philosophy. In this journey, we will continue to delight our customers with the most electrifying products and services that provide complete peace of mind. To mark this milestone, we are happy to introduce our high-power charging corridor. Across the length of the nation, from Jammu to Madurai, EV customers can now just sit back and enjoy Sheer Driving Pleasure without a second thought.”
In a move to encourage broader EV adoption, BMW Group India has made these new charging stations accessible to all EV owners, regardless of their vehicle's brand. The stations, with capacities ranging from 120kW to an impressive 720kW, are a part of a larger network of over 6,000 charging points across the country, accessible via the myBMW app. The company is collaborating with charging operators like Statiq and Zeon to manage these new stations.
The sales milestone has been attained by the company’s expansive portfolio of EVs compromising the flagship BMW i7 to the popular BMW iX1 Long Wheelbase, which was the highest-selling BMW EV in the first half of 2025.
TVS Motor Company Launches King Kargo HD EV, CNG Variant On The Cards Too
- By MT Bureau
- August 21, 2025

Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company has launched a new electric three-wheeler, the ‘TVS King Kargo HD EV’ at INR 385,000 (ex-showroom Delhi), which it believes will transform urban and semi-urban logistics. The EV is engineered for performance, durability and connectivity in the last-mile delivery sector.
The King Kargo HD EV is designed to improve safety and comfort for operators. It features several segment-first innovations, including LED headlamps and tail lamps for better visibility and a spacious cabin with fully rolling windows. For enhanced performance, it has a dedicated Power Gear Mode that provides higher torque when carrying heavy loads.
The new three-wheeler is also India's first Bluetooth-enabled cargo three-wheeler. It comes equipped with TVS SmartXonnect, offering 26 smart features, along with twin-axis rear-view mirrors for safer navigation through congested city streets. The vehicle’s connected features are managed through TVS Connect Fleet, a web-based platform that gives fleet operators real-time tracking, remote control and advanced analytics for efficient fleet management.
Rajat Gupta, Business Head of Commercial Mobility at TVS Motor Company, said, “The launch of the TVS King Kargo HD represents a transformative moment in the evolution of cargo mobility, aligned to our ‘Re-Imagine 2030’ vision. This three-wheeler will set new benchmarks by delivering an unmatched combination of smart features, high load capability, comfort, ergonomics and safety. Coupled with the TVS Connect Fleet, the vehicle will empower businesses and also improve the everyday life of operators. With the TVS King Kargo HD EV, we are confident of redefining customer expectations and enabling them to achieve more, every day, effortlessly.”
In its initial phase, the TVS King Kargo HD EV will be available in key markets, including Delhi-NCR, Rajasthan and Bengaluru. The company also showcased a CNG variant, which is scheduled for release later this year.
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