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Copec Launches Gogoro Battery Swapping and Smartscooters in Chile

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Copec and Gogoro Inc. (Nasdaq: GGR) are launching the first two-wheel battery swapping platform and Smartscooters in Santiago, Chile. The initiative begins with 10 battery swapping stations, expanding to 18 by year-end. This collaboration marks Gogoro's second entry into Latin America, following its launch with Terpel in Bogota, Colombia. The Gogoro ecosystem offers a smart, safe, and efficient battery-swapping solution, eliminating the need for dedicated parking or charging wait times. Copec aims to lead the energy transition towards carbon neutrality with this scalable, sustainable solution. The network will be available at Copec service stations in various Santiago boroughs and features a subscription-based model tailored to riders' needs. Gogoro's global network supports 650,000 riders, with over 1.3 million smart batteries in circulation and 650 million battery swaps, saving over one billion kilograms of CO2 since 2015.

Copec e Gogoro Inc. (Nasdaq: GGR) stanno lanciando la prima piattaforma di sostituzione delle batterie a due ruote e Smartscooters a Santiago, in Cile. L'iniziativa inizia con 10 stazioni di sostituzione delle batterie, espandendosi a 18 entro la fine dell'anno. Questa collaborazione segna il secondo ingresso di Gogoro in America Latina, dopo il lancio con Terpel a Bogotà, Colombia. L'ecosistema Gogoro offre una soluzione di sostituzione delle batterie intelligente, sicura ed efficiente, eliminando la necessità di parcheggio dedicato o tempi di attesa per la ricarica. Copec punta a guidare la transizione energetica verso la neutralità del carbonio con questa soluzione scalabile e sostenibile. La rete sarà disponibile presso le stazioni di servizio Copec in vari quartieri di Santiago e offre un modello basato su abbonamento adattato alle esigenze dei conducenti. La rete globale di Gogoro supporta 650.000 conducenti, con oltre 1,3 milioni di batterie smart in circolazione e 650 milioni di sostituzioni di batterie, risparmiando oltre un miliardo di chilogrammi di CO2 dal 2015.

Copec y Gogoro Inc. (Nasdaq: GGR) están lanzando la primera plataforma de intercambio de baterías en dos ruedas y Smartscooters en Santiago, Chile. La iniciativa comienza con 10 estaciones de intercambio de baterías, expandiéndose a 18 para fin de año. Esta colaboración marca la segunda entrada de Gogoro en América Latina, tras su lanzamiento con Terpel en Bogotá, Colombia. El ecosistema de Gogoro ofrece una solución de intercambio de baterías inteligente, segura y eficiente, eliminando la necesidad de estacionamiento dedicado o tiempos de espera para la carga. Copec tiene como objetivo liderar la transición energética hacia la neutralidad de carbono con esta solución escalable y sostenible. La red estará disponible en las estaciones de servicio de Copec en varios barrios de Santiago y presenta un modelo de suscripción adaptado a las necesidades de los usuarios. La red global de Gogoro apoya a 650,000 usuarios, con más de 1.3 millones de baterías inteligentes en circulación y 650 millones de intercambios de baterías, ahorrando más de mil millones de kilogramos de CO2 desde 2015.

코펙과 고고로 Inc. (Nasdaq: GGR)가 칠레 산티아고에서 첫 번째 이륜차 배터리 교환 플랫폼과 스마트스쿠터를 출시합니다. 이 이니셔티브는 10개의 배터리 교환소로 시작하여 연말까지 18개로 확장될 예정입니다. 이 협력은 고고로가 콜롬비아 보고타에서 테르펠과 런칭한 이후 라틴 아메리카에 두 번째로 진출하는 것입니다. 고고로 생태계는 전용 주차 공간이나 충전 대기 시간을 필요로 하지 않는 스마트하고 안전하며 효율적인 배터리 교환 솔루션을 제공합니다. 코펙은 이 확장 가능하고 지속 가능한 솔루션을 통해 탄소 중립성을 위한 에너지 전환을 선도하는 것을 목표로 합니다. 이 네트워크는 산티아고의 여러 지역에 있는 코펙 서비스 스테이션에서 이용 가능하며, 이용자의 요구에 맞춘 구독 기반 모델을 특징으로 합니다. 고고로의 글로벌 네트워크는 65만 명의 이용자를 지원하며, 130만 개 이상의 스마트 배터리가 유통되고 있으며, 6억 5천만 번의 배터리 교환이 이루어졌으며, 2015년 이후로 10억 킬로그램 이상의 CO2를 절약하고 있습니다.

Copec et Gogoro Inc. (Nasdaq: GGR) lancent la première plateforme d'échange de batteries pour deux-roues et les Smartscooters à Santiago, au Chili. L'initiative commence avec 10 stations d'échange de batteries, s'étendant à 18 d'ici la fin de l'année. Cette collaboration marque la deuxième entrée de Gogoro en Amérique Latine, après son lancement avec Terpel à Bogotá, en Colombie. L'écosystème Gogoro propose une solution d'échange de batteries intelligente, sécurisée et efficace, éliminant le besoin de stationnement dédié ou d'attente pour la recharge. Copec vise à être le leader de la transition énergétique vers la neutralité carbone avec cette solution évolutive et durable. Le réseau sera disponible dans les stations-service Copec de divers quartiers de Santiago et présente un modèle basé sur l'abonnement, adapté aux besoins des usagers. Le réseau mondial de Gogoro soutient 650 000 usagers, avec plus de 1,3 million de batteries intelligentes en circulation et 650 millions d'échanges de batteries, permettant d'économiser plus d'un milliard de kilogrammes de CO2 depuis 2015.

Copec und Gogoro Inc. (Nasdaq: GGR) starten die erste Plattform für den Batterietausch bei Zweirädern und Smartscootern in Santiago, Chile. Die Initiative beginnt mit 10 Batterietauschstationen und soll bis zum Jahresende auf 18 erweitert werden. Diese Zusammenarbeit markiert Gogoros zweiten Eintritt in Lateinamerika, nachdem das Unternehmen in Bogotá, Kolumbien, mit Terpel gestartet ist. Das Gogoro-Ökosystem bietet eine intelligente, sichere und effiziente Lösung zum Batteriewechsel, sodass dedizierte Parkplätze oder Ladewartezeiten nicht mehr erforderlich sind. Copec strebt an, den Übergang zur Kohlenstoffneutralität mit dieser skalierbaren, nachhaltigen Lösung zu führen. Das Netzwerk wird an den Copec-Service-Stationen in verschiedenen Stadtteilen von Santiago verfügbar sein und bietet ein abonnementbasiertes Modell, das an die Bedürfnisse der Fahrer angepasst ist. Gogoros globales Netzwerk unterstützt 650.000 Fahrer, mit über 1,3 Millionen intelligenten Batterien im Umlauf und 650 Millionen Batteriewechseln, wodurch seit 2015 über eine Milliarde Kilogramm CO2 eingespart wurden.

Positive
  • Launch of 10 battery swapping stations in Santiago, expanding to 18 by year-end.
  • Gogoro's second entry into Latin America, enhancing market presence.
  • Subscription-based energy model tailored to riders' needs.
  • Gogoro's global network supports 650,000 riders, with over 1.3 million smart batteries in circulation.
Negative
  • None.

Insights

The expansion of Gogoro's battery swapping network into Chile through Copec marks a strategic market penetration in Latin America. The initial deployment of 10 stations, expanding to 18 by year-end, represents a measured approach to market testing. While the infrastructure rollout is modest compared to Gogoro's established presence in Taiwan (12,500 stations), the partnership with Copec, a major regional energy player, provides significant distribution advantages.

The subscription-based model and strategic station placement in key Santiago boroughs indicates a well-planned market entry focusing on urban mobility needs. However, the immediate revenue impact will likely be minimal given the small initial deployment. The long-term potential depends on adoption rates and expansion pace, which remains uncertain in this new market.

The technology implementation in Chile leverages Gogoro's proven battery swapping infrastructure, which has demonstrated remarkable success in Taiwan with 650 million swaps and 1.3 million batteries in circulation. The system's ability to process 400,000 daily swaps in Taiwan validates its scalability and reliability.

The open and interoperable platform design is particularly significant for market growth, allowing potential integration with multiple vehicle manufacturers and service providers. This approach could accelerate ecosystem adoption in Latin America, though success will depend on local partnerships and adaptation to regional transportation patterns.

Copec is launching in Santiago with 10 Gogoro battery swapping stations and plans to reach 18 stations by year end. 

SANTIAGO, Chile, Nov. 11, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities and Copec, a leading Latin American energy company, today announced they were launching the first two-wheel battery swapping platform and Smartscooters in Chile.

"It is exciting to see the Gogoro ecosystem expanding in Latin America, first with Terpel in Bogota and now with Copec Voltex in Santiago. Gogoro battery swapping offers a new approach to electric two-wheel refueling that doesn't require dedicated parking or waiting for a vehicle to charge," said Henry Chiang, Interim CEO of Gogoro. "We are proud of our partnership with Copec and applaud its mission to offer sustainable transportation alternatives in Latin America."

With Gogoro, Copec is developing the first Latin American network of battery swapping stations that is launching at Copec service stations in Santiago, Chile; and, with Terpel's (a Copec company) service stations in Bogota, Colombia.

"At Copec, our commitment to Chile drives us to develop sustainable, scalable solutions that anticipate people's needs. Implementing this ecosystem aligns with our goal to lead the energy transition toward carbon neutrality, which includes transitioning to electric and hybrid vehicles over the next decade. Achieving this requires urban charging infrastructure across all segments we're working to convert to electric vehicles," said Andrea Castro, CEO of Copec Voltex. "Our partnership with Gogoro lets us offer an innovative charging solution that redefines city travel, lowering barriers to entry and bringing electric mobility to a new group of Chileans seeking more efficient and sustainable transportation for daily life."

Through Copec Voltex, the Gogoro Network of battery-swap stations has been deployed in strategic locations across Santiago, ensuring fast and convenient access for riders. Currently, stations are available at Copec service stations in the boroughs of La Reina, Ñuñoa, Santiago, La Florida, Huechuraba, Vitacura, Lo Barnechea, and Estación Central.

The ecosystem features a subscription-based energy model tailored to each rider's needs, making it a dynamic option for daily commuters as well as logistics clients seeking cleaner, more cost-effective transportation alternatives.

Gogoro Battery Swapping
At the heart of Gogoro's ecosystem is an open and interoperable battery swapping platform that has been recognized as the leading two-wheel battery swapping platform in the world. Gogoro battery swapping is a new generation of swappable battery refueling that is smart, safe, and continually optimizing itself to be dynamic and versatile for riders, businesses, and communities. In Taiwan, the Gogoro Network supports nearly 650,000 riders and has more than 1.3 million smart batteries in circulation through its network of 12,500 battery swapping stations at over 2,500 locations. With more than 400,000 daily battery swaps and more than 650 million total battery swaps to date, Gogoro battery swapping has saved more than one billion kilograms of CO2 since it launched in 2015.

About Copec
Copec is an established energy and retail company based in Chile, with a presence throughout Latin America through its subsidiary, Terpel. It currently operates more than 3,000 service stations and retail stores across Latam, which include the largest electric charging network for EVs in South America, with 1,800 kilometers of extension along Chile. To address the energy transition and adopt the new trends in mobility and retail, in 2019 Copec created Copec Wind, the company's innovation and new ventures platform. Copec Voltex is the electromobility division of Copec in Chile.

About Gogoro
Founded in 2011 to rethink urban energy and inspire the world to move through cities in smarter and more sustainable ways, Gogoro leverages the power of innovation to change the way urban energy is distributed and consumed. Recognized by Fortune as a "Change the World 2024" company;  Fast Company as "Asia-Pacific's Most Innovative Company of 2024"; Frost & Sullivan as the "2024 Global Company of the Year for battery swapping for electric two-wheel vehicles"; and, MIT Technology Review as one of "15 Climate Tech Companies to Watch" in 2024, Gogoro's battery swapping and vehicle platforms offer a smart, proven, and sustainable long-term ecosystem for delivering a new approach to urban mobility. Gogoro has quickly become an innovation leader in vehicle design and electric propulsion, smart battery design, battery swapping, and advanced cloud services that utilize artificial intelligence to manage battery charging and availability. The challenge is massive, but the opportunity to disrupt the status quo, establish new standards, and achieve new levels of sustainable transportation growth in densely populated cities is even greater. For more information, visit www.gogoro.com/news and follow Gogoro on Twitter: @wearegogoro.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/copec-launches-gogoro-battery-swapping-and-smartscooters-in-chile-302301060.html

SOURCE Gogoro Inc.

FAQ

What is Gogoro's latest initiative in Santiago, Chile?

Gogoro, in collaboration with Copec, is launching the first two-wheel battery swapping platform and Smartscooters in Santiago, Chile.

How many battery swapping stations will Gogoro and Copec launch in Santiago?

They are launching with 10 battery swapping stations, with plans to reach 18 stations by the end of the year.

What is the significance of Gogoro's battery swapping platform?

Gogoro's battery swapping platform offers a smart, safe, and efficient battery-swapping solution, eliminating the need for dedicated parking or charging wait times.

How does Gogoro's battery swapping network benefit the environment?

Gogoro's network has saved over one billion kilograms of CO2 since its launch in 2015, supporting sustainable city travel.

What is the scope of Gogoro's global battery swapping network?

Gogoro's global network supports 650,000 riders, with over 1.3 million smart batteries in circulation and 650 million battery swaps to date.

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