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Philippine's Ayala to form e-scooter venture with Taiwan's Gogoro

Conglomerate will handle import, sales, maintenance; provide charging stations

Taiwanese e-scooter startup Gogoro offers a quick way for riders to stay on the road, with battery charging stations where drained power cells can be swapped out for fresh ones.   © Reuters

MANILA -- Philippine conglomerate Ayala Corp. will soon set up a joint venture with Taiwan's leading electric bike maker, Gogoro, entering the e-scooter business in its home market, Ayala said on Friday.

In addition to importing, selling, and maintaining motorcycles, The joint venture will provide battery-swapping stations. Ayala is involved in urban development and running commercial facilities, and believes building the associated infrastructure will enhance the new venture's business.

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