Foxconn, Gogoro partners for the expansion of battery swapping systems and Smartscooters
Foxconn and Gogoro have announced they had signed a Memorandum of Understanding (MOU) to form a strategic technology and manufacturing partnership. Together, the companies will accelerate Gogoro's global expansion by utilizing Foxconn's world-leading manufacturing capabilities to introduce new levels of manufacturing capabilities and scale for Gogoro battery swapping technologies and smart scooters. The announcement follows Gogoro's recent market announcements in India and China and growing interest in its battery swapping ecosystem around the world.
"As the world embraces smart electric transportation in new ways, a key challenge is how to introduce these new innovative options to people in every corner of the world. The Foxconn -Gogoro partnership was established to meet this demand," said Young Liu, Chairman of Foxconn.
"This partnership brings together Gogoro's global leadership in urban battery swapping and smart vehicle technologies with Foxconn's extensive global manufacturing capabilities to enable mass distribution of Gogoro's smart battery swapping ecosystem and vehicles."
Foxconn and Gogoro will begin collaborating on multiple projects including smart batteries, vehicle engineering, and manufacturing. By integrating Foxconn's strong manufacturing, global capabilities, and top quality, Gogoro will focus on its own product design, technology development, marketing and branding, expanded distribution, and customer service channels.
"As the Gogoro ecosystem continues establishing itself as the industry leader in battery swapping and urban refueling, our ability to rapidly scale our manufacturing to meet global demands is vital," said Horace Luke, founder, and CEO, Gogoro Inc.
"Foxconn's global manufacturing leadership, focus on new innovative technologies, and commitment to sustainable electric transportation made it the perfect fit for Gogoro. Together, our companies will be at the forefront of rolling out smart mobility solutions in cities around the world."
Key to Foxconn's vision for the future is its 3+3 strategic initiatives that focus on three emerging industries and three major core technologies that include investments in electric vehicles, digital health, and robotics industries as well artificial intelligence, semiconductors, and next-generation communication technologies, forming it's key "3+3" (industry and technology) strategy. With this announcement, Foxconn is expanding beyond four wheels to include Gogoro's two-wheel Smartscooter vehicles as well as its battery swapping technologies. In the electric cars industry, Foxconn is assertively promoting the MIH Alliance by teaming up with over 1,600 software and hardware partners. Foxconn also uses the global layout in ICT (Information and Communication Technology) to integrate the advantage of manufacturing ability and quickness to become the major partner for international automobile brands.