The Ayala Group signed a deal with Taiwan's Gogoro to form a joint venture for the roll-out of two-wheeled electric
The Ayala Group signed a deal with Taiwan’s Gogoro to form a joint venture for the roll-out of two-wheeled electric vehicle battery swapping technology in Metro Manila.
The transaction is expected to close within 10 days from signing of the subscription agreements, subject to customary closing conditions, including relevant regulatory approvals,“Gogoro is Globe’s entry into the climate tech industry through 917Ventures Inc. The official signing of the joint venture is a big stride in our goal to provide eco-friendly transport that places at the forefront environmental stewardship and mobility for businesses and individuals.
Gogoro Philippines chief executive Bernie Llamzon said the alliance sets the stage for an EV revolution in the country. Gogoro Smartscooters are now in the streets of Manila, with Globe employees pilot-testing more than 50 vehicles under a two-month program meant to gain customer insights before the commercial launch later this year.
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