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18 Jan
14:53

Gogoro, Belrise Industries to invest $2.5 billion in battery storage in India

Taiwan’s electric scooter and battery swapping provider Gogoro and India’s automotive system maker Belrise Industries have pledged to invest $2.5 billion in battery swapping infrastructure in India, Kallanish reports. The companies intend to form a 50-50 joint venture to establish “the world’s largest sustainability-focused portable energy system” in the Indian state of Maharashtra. The parties signed a non-binding MOU in Davos, Switz…
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