Globe’s 917Ventures Inc., Ayala Corporation, and Gogoro Network have joined hands to bring the electric scooter and its battery swapping stations to the Philippines later in 2023
MANILA, Philippines – Gogoro electric scooters – which have become massively popular in Taiwan – will soon be coming to the streets of Manila later this 2023.
The agreement will cover the importation, sale, distribution, operation, management, and maintenance of Gogoro’s two-wheeled electric scooters. Gogoro Philippines will also handle the battery swapping technology, battery swapping stations for the e-scooters, and after-sales services business in the Philippines.
Globe’s wholly-owned subsidiary, 917Ventures, will own 49% of Gogoro Philippines. Ayala Corporation will have a 21% stake in the company while Gogoro Network, a wholly-owned subsidiary of Gogoro Inc., will own the remaining 30%.
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