Gogoro hold-ups India strategies due to policy unpredictability, releases bike-taxi pilot with Rapido
Taiwanese electrical two-wheeler maker Gogoro has actually delayed its extremely enthusiastic prepare for India, as New Delhi has actually not yet introduced an awaited plan for battery switching, a business executive stated. In the meantime, the business has actually begun a bike-taxi pilot with aggregator Rapido to check its automobiles before their business release.
Gogoro is "required to wait on the completion of reward plans" from the Indian federal government before ramping its lorry sales and battery pack production in the nation, co-founder and CEO Horace Luke stated throughout the business's Q2 profits contact Thursday.
"We had actually anticipated income from India for 2024, however due to the hold-up in application in aids to consist of battery switching lorries, the maj...