Battery-Swapping for Electric Two-Wheeler Market Share

Market Share of Battery-Swapping for Electric Two-Wheeler Industry

The market is moderately fragmented with most of the companies being startups. The major players in the market are Gogoro Inc, NIO Technologie,s Immotor Inc., and Oyika Pte. Ltd, Pushme Inc,. BattSwap Inc,. GreenPack GmbH, Kwang Yang Motor Co., Ltd. and others. The players are investing in expansion to gain an edge over other players. For instance,

• In September 2022, Gogoro Inc., a developer of a battery-swapping refueling platform introduced Smart scooters and a battery-swapping system in the Tel Aviv metropolitan area. In the future, the products will also be introduced in additional Israeli cities in collaboration with Paz Group and Metro Motor.

Battery-Swapping for Electric Two-Wheeler Market Leaders

1. Gogoro Inc

2. NIO Technologies

3. Oyika Pte. Ltd

4. Kwang Yang Motor Co., Ltd.

5. Immotor Inc.

*Disclaimer: Major Players sorted in no particular order