Gogoro brings battery-swap stations to Vietnam, taking on VinFast
Gogoro's battery-swap cabinets appear in HCMC as its Castrol JV targets Vietnam's e-scooter market, competing with VinFast's 45,000 cabinets. A Q4 scooter launch is planned.
Alpha Score of 67 reflects moderate overall profile with strong momentum, strong value, weak quality, moderate sentiment.
Gogoro's battery-swap stations are appearing in Vietnam. The outdoor cabinets carrying Castrol and Gogoro branding have 30 battery slots each, some holding batteries and others empty.
The joint venture with Castrol was announced in February 2025. Castrol Gogoro Mobility JSC was registered in Ho Chi Minh City in August, with Castrol Singapore holding 50% and Gogoro Network 49.8%. The venture runs sales and operations while Gogoro supplies the technology.
Ho Chi Minh City wants 20,000 battery-swap cabinets installed by year-end. Its Department of Construction named Castrol Gogoro Mobility among the companies urged to speed up installation.
The largest network belongs to VinFast, whose affiliate V-Green operates about 45,000 cabinets nationwide, up from 4,500 in January. V-Green is working toward a target of 150,000 swap points within three years. Selex Motors runs about 120 swap stations and says its network is built to be shared with other brands. Honda Vietnam began operating e:Swap stations for its CUV e: model at dealerships in Hanoi in June, with plans to expand to other cities including HCMC.
Gogoro operates more than 2,700 GoStation sites serving nearly 700,000 riders and has handled over 900 million swaps, according to figures it released in August. It is retiring its first-generation batteries, in service since 2015.
In Taiwan, Gogoro sold 28,176 electric scooters in 2025, or 57.2% of the 49,228 sold there, more than any other brand. Including partner brands on its Powered by Gogoro Network platform, which lets other manufacturers build scooters that run on Gogoro's batteries and swap stations, the ecosystem accounted for 33,228 units, or about 68%. Counting gasoline models, Gogoro held about 4% of Taiwan's overall two-wheeler market.
Gogoro has said it will introduce a scooter tailored to the Vietnamese market in the fourth quarter of this year. Its SuperSport model has completed energy-consumption registration in Vietnam, with Son Ha Energy Development JSC listed as the importer. The SuperSport runs on a 7.6 kW motor and tops out at 96 kph, with versions offering ABS, traction control and LTE connectivity. In Taiwan, it sells for $3,190-3,540.
Gogoro riders subscribe to battery service rather than buying the batteries outright. One plan costs NT$488 ($15) a month for single-battery scooters and NT$888 ($28) for dual-battery models, with unlimited free swaps during 14 designated off-peak hours each day. Swaps outside those windows are billed by the electricity used.
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