The Indian state of Maharashtra has announced a strategic energy partnership with Gogoro Inc. and Belrise Industries to establish an unprecedented battery-swapping infrastructure.
Gogoro, a global technology leader in battery swapping ecosystems that enable smart sustainable mobility solutions for cities, and Belrise, an automotive systems manufacturer based in India, plan a joint 50-50 partnership to invest approximately $2.5 billion throughout eight years with the State of Maharashtra government to build energy infrastructure across the state.
The companies plan to build a smart energy infrastructure in Maharashtra that is open and accessible, and establishes battery swapping and smart battery stations as a leading source for mobility and energy storage. The deployment is also expected to accelerate job growth throughout the smart energy, electric vehicle and sustainability value chain. In addition to the smart infrastructure, the partnership is also expected to fost