Automobiles
Deployment of smart energy infrastructure in Maharashtra to begin this year
A battery-swapping station of Taiwanese electric-scooter maker Gogoro in Taipei. © Reuters
(Reuters) — India’s Maharashtra has entered a $2.5 billion partnership with Taiwan’s Gogoro and a local automotive systems supplier to build electric-vehicle battery-swapping and charging stations in the state, the parties said on Tuesday.
The Indian company, Belrise Industries, and Gogoro will form an equal-stakes joint venture and invest the amount over eight years with the Maharashtra government.