Guidehouse Insights Names Gogoro as the Leading Supplier in the Light Electric Vehicle Battery Swapping Industry

A new Leaderboard report from Guidehouse Insights examines the strategy and execution of 14 leading light electric vehicle (EV) battery swapping suppliers, with Gogoro ranked as the leading market player.

Battery swapping is emerging as a potential breakthrough technology for personal light EV sales. The technology is driven by many advantages compared with conventional refueling and charging technologies. Most importantly, battery swapping can reduce upfront light EV costs and address the major drawback of recharging speeds being much slower than internal combustion engine (ICE) vehicle refueling. According to a new Leaderboard report from Guidehouse Insights, Gogoro is the leading supplier in the light EV battery swapping industry.

“Gogoro has differentiated itself from the competition through its early and compelling vision for light EV battery swapping,” says Ryan Citron, senior research analyst with Guidehouse Insights. “It offers an extensive product portfolio across the battery swapping supply chain, has a strong track record on quality and performance in its product line, and boasts an unmatched partner network highlighted by several of the world’s largest two-wheeler OEMs.”

A solid group of vendors trail this leader in the development of innovative technology solutions and in the steering of significant light EV battery swapping deployments. Other industry players in the market are still growing their sales presence and geographic reach, but are achieving early success in their home markets, playing an important role in the evolution and growth of the global light EV battery swapping market.

The report, Guidehouse Insights Leaderboard: Light EV Battery Swapping Suppliers, examines the strategy and execution of 14 leading light EV battery swapping suppliers. These vendors are rated on 10 criteria: vision; go-to-market strategy; partners; production strategy; geographic reach; market presence; product quality and reliability; product portfolio; pricing; and staying power. Vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the growing global light EV battery swapping market. An executive summary of the report is available for free download on the Guidehouse Insights website.

About Guidehouse Insights

Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.

About Guidehouse

Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges and navigate significant regulatory pressures with a focus on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that prepare our clients for future growth and success. The company has more than 10,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.

* The information contained in this press release concerning the report, Guidehouse Insights Leaderboard: Light EV Battery Swapping Suppliers, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.