Copec Launches Gogoro Battery Swapping Network in Chile, Expanding Sustainable Mobility Options

## Copec Brings Gogoro Battery Swapping to Chile, Pushing Sustainable Mobility Forward

Santiago, Chile – November 11, 2024 – Copec, a leading Latin American energy company, and Gogoro, a global innovator in battery-swapping ecosystems, have joined forces to launch Chile’s first two-wheel battery swapping platform and Smartscooters. This move signifies a significant step towards promoting sustainable transportation options within the region.

“We are thrilled to see the Gogoro ecosystem expanding in Latin America, following its successful launch with Terpel in Bogota,” stated Henry Chiang, Interim CEO of Gogoro. “Gogoro’s battery swapping technology provides a unique solution for electric two-wheel refueling, eliminating the need for dedicated parking or lengthy charging times.” The partnership underscores Gogoro’s commitment to offering convenient and efficient electric mobility solutions that cater to diverse urban needs.

Copec Voltex, the electromobility division of Copec, shares Gogoro’s dedication to advancing sustainable transportation. “At Copec, we are driven to develop scalable solutions that anticipate the needs of our community, aligning with our commitment to carbon neutrality,” remarked Andrea Castro, CEO of Copec Voltex. “This partnership with Gogoro empowers us to offer an innovative charging solution that redefines city travel, making electric mobility more accessible to Chileans seeking sustainable and efficient transportation options.”

A Network of Convenience

The Gogoro Network, facilitated by Copec Voltex, has been strategically deployed across Santiago, ensuring riders have quick and easy access to battery swapping stations. These stations are conveniently located at Copec service stations throughout the city, including key boroughs like La Reina, Ñuñoa, Santiago, La Florida, Huechuraba, Vitacura, Lo Barnechea, and Estación Central.

The Gogoro Network offers a subscription-based energy model, allowing riders to customize their plans based on their individual needs. This flexibility makes it an ideal solution for daily commuters and logistics companies seeking cleaner and cost-effective transportation alternatives.

Gogoro’s Battery Swapping Technology: A Revolution in Electric Mobility

At the heart of Gogoro’s success lies its innovative battery swapping platform, recognized as the leading two-wheel battery swapping platform globally. This platform offers a smart, safe, and adaptable solution, continually optimizing itself to meet the needs of riders, businesses, and communities.

Gogoro’s impact extends far beyond Chile. In Taiwan, the Gogoro Network boasts over 650,000 riders and has more than 1.3 million smart batteries in circulation, facilitated by a network of 12,500 battery swapping stations at over 2,500 locations. With over 400,000 daily battery swaps and over 650 million total swaps since its launch in 2015, Gogoro’s battery swapping technology has significantly reduced carbon emissions, saving over one billion kilograms of CO2.

About Copec

Copec, a Chilean energy and retail giant, has a strong presence throughout Latin America through its subsidiary, Terpel. With a network of over 3,000 service stations and retail stores across the region, Copec boasts the largest electric charging network for EVs in South America, spanning 1,800 kilometers along Chile. Recognizing the importance of energy transition and embracing new trends in mobility and retail, Copec established Copec Wind, a platform dedicated to innovation and new ventures in 2019.

About Gogoro

Founded in 2011, Gogoro is a visionary company dedicated to revolutionizing urban energy and inspiring smarter, more sustainable ways of navigating cities. By leveraging innovation, Gogoro is transforming the way urban energy is distributed and consumed.

Gogoro’s battery swapping and vehicle platforms have been recognized for their smart, proven, and sustainable approach to urban mobility. Acknowledged by Fortune as a “Change the World 2024” company; Fast Company as “Asia-Pacific’s Most Innovative Company of 2024”; Frost & Sullivan as the “2024 Global Company of the Year for battery swapping for electric two-wheel vehicles”; and MIT Technology Review as one of “15 Climate Tech Companies to Watch” in 2024, Gogoro is a pioneer in vehicle design, electric propulsion, smart battery design, battery swapping, and advanced cloud services that utilize AI to manage battery charging and availability.

Gogoro’s commitment to disrupting the status quo, establishing new standards, and achieving unprecedented levels of sustainable transportation growth in densely populated cities is unwavering.

For more information, please visit:

www.gogoro.com/news and follow Gogoro on Twitter: @wearegogoro.

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