Maha announces strategic energy partnership with Gogoro & Belrise
18 Jan 2023
2 Min Read
CW Team
Maharashtra government declared a strategic energy partnership with Gogoro Inc. and Belrise
Industries (erstwhile Badve Engineering Ltd) to establish an unparalleled battery-swapping
infrastructure. Gogoro, a global technology leader in battery swapping ecosystems that enable smart
sustainable mobility solutions for cities, and Belrise, a leading automotive systems manufacturer
based in India, plan a joint 50:50 partnership to invest approximately USD 2.5 billion over eight years
to build energy infrastructure across the state. The non-binding MOU agreement was signed at the
Maharashtra pavilion, World Economic Forum in Davos, Switzerland.
The companies plan to build an open and accessible smart energy infrastructure that 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. Additionally, the partnership is also expected to foster smart electric
vehicle manufacturing and assembly in the state. 鈥淚t is indeed a remarkable moment for the state,
this will perhaps be the largest green partnership of this nature worldwide," said Chief Minister
Eknath Shinde.
鈥淎s a national leader in sustainability, it is important for Maharashtra to embrace new technologies
that are open, accessible and enable dynamic solutions that can accelerate the transition to smarter
sustainable cities and set an example that other states in India can follow,鈥� said Devendra Fadnavis,
Deputy Chief Minister of Maharashtra. He further added, 鈥淲e are partnering with Gogoro and
Belrise to deploy world鈥檚 largest and most innovative smart energy infrastructure to utilize battery
swapping for solving the unique and distributed energy challenges we face daily. This project will
enable new alternatives to the fossil fuels solutions many of our residents use today.鈥�
The battery swapping infrastructure expects to begin deploying in 2023 which will leverage Gogoro's
smart energy ecosystem including smart battery stations, swapping technologies, network
management solutions, and will provide numerous innovations, contributing in the areas of smart
city design and development, energy storage stations & systems, smart mobility sharing, smart
electric vehicles, demand response services and distributed energy storage, smart agriculture,
among other applications.
Maharashtra government declared a strategic energy partnership with Gogoro Inc. and Belrise
Industries (erstwhile Badve Engineering Ltd) to establish an unparalleled battery-swapping
infrastructure. Gogoro, a global technology leader in battery swapping ecosystems that enable smart
sustainable mobility solutions for cities, and Belrise, a leading automotive systems manufacturer
based in India, plan a joint 50:50 partnership to invest approximately USD 2.5 billion over eight years
to build energy infrastructure across the state. The non-binding MOU agreement was signed at the
Maharashtra pavilion, World Economic Forum in Davos, Switzerland.
The companies plan to build an open and accessible smart energy infrastructure that 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. Additionally, the partnership is also expected to foster smart electric
vehicle manufacturing and assembly in the state. 鈥淚t is indeed a remarkable moment for the state,
this will perhaps be the largest green partnership of this nature worldwide, said Chief Minister
Eknath Shinde.
鈥淎s a national leader in sustainability, it is important for Maharashtra to embrace new technologies
that are open, accessible and enable dynamic solutions that can accelerate the transition to smarter
sustainable cities and set an example that other states in India can follow,鈥� said Devendra Fadnavis,
Deputy Chief Minister of Maharashtra. He further added, 鈥淲e are partnering with Gogoro and
Belrise to deploy world鈥檚 largest and most innovative smart energy infrastructure to utilize battery
swapping for solving the unique and distributed energy challenges we face daily. This project will
enable new alternatives to the fossil fuels solutions many of our residents use today.鈥�
The battery swapping infrastructure expects to begin deploying in 2023 which will leverage Gogoro's
smart energy ecosystem including smart battery stations, swapping technologies, network
management solutions, and will provide numerous innovations, contributing in the areas of smart
city design and development, energy storage stations & systems, smart mobility sharing, smart
electric vehicles, demand response services and distributed energy storage, smart agriculture,
among other applications.
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