ArrowArtboardCreated with Sketch.Title ChevronCrossEye IconIcon FacebookIcon LinkedinShapeCreated with Sketch.Icon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Companies

Yamaha aims to develop electric scooters with Taiwan's Gogoro

Rivals poised to join forces to ride island's green-vehicle wave

A woman swaps the batteries of her electric scooter at a Gogoro charging station in Taipei.   © AP

TOKYO -- Yamaha Motor hopes to jointly develop electric scooters with Taiwanese producer Gogoro, to be launched on the island next summer as the Japanese motorcycle builder seeks to tap environmental efforts there.

Yamaha said Tuesday that the two sides have entered negotiations with an aim to sign a pact by year's end. Under the proposed partnership, Yamaha will design the scooters that Gogoro will manufacture using its own electronic platform. The vehicles will use batteries that can be swapped at Gogoro's more than 750 recharging stations in Taiwan. The scooters will be sold by the Japanese company.

Taiwan is the only market envisioned for the vehicles at this point. Yamaha will continue selling in Taiwan its E-Vino electric scooter, which it launched there in 2015.

Taiwan has pledged to ban new sales of two-wheeled vehicles with combustion engines as soon as 2035. Competition in the electric scooter market is heating up, with Kymco, Taiwan's biggest two-wheeler manufacturer, also rolling out electric models.

Yamaha is the second-largest player in Taiwan's two-wheeler market. But in electric scooter sales, it lags far behind Gogoro, which boasts an 80% share backed by its battery exchange stations.

You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

Subscribe to get unlimited access to all articles.

Get unlimited access
NAR site on phone, device, tablet

{{sentenceStarter}} {{numberReadArticles}} free article{{numberReadArticles-plural}} this month

Stay ahead with our exclusives on Asia; the most dynamic market in the world.

Benefit from in-depth journalism from trusted experts within Asia itself.

Try 3 months for $9

Offer ends September 30th

Your trial period has expired

You need a subscription to...

See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

See all offers
NAR on print phone, device, and tablet media