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Business trends

Kymco chases leader Gogoro in Taiwan's electric scooter market

Rivals race to release bikes, install chargers to cash in on vehicles' popularity

A rider tops up her scooter's battery at a charging station in the city of Tainan, Taiwan, in July. (Photo by Toshiki Sasazu) 

TAIPEI -- Competition is heating up in Taiwan's market for increasingly popular electric motor scooters. The business landscape, which has been dominated by a single player, is giving way to one where multiple competitors battle it out.

Upstart venture Gogoro has propelled the electric scooter market since entering it in 2015. Authorities in air-pollution-plagued Taiwan have been keen to offer incentives to reduce the cost of purchasing emissions-free electric scooters, and government support has played a key role in the company's rapid growth.

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