MANILA — Philippine conglomerate Ayala Corp. will soon set up a joint venture with Taiwan’s leading electric bike maker, Gogoro, entering the e-scooter business in its home market, Ayala said on Friday.
In addition to importing, selling, and maintaining motorcycles, The joint venture will provide battery-swapping stations. Ayala is involved in urban development and running commercial facilities, and believes building the associated infrastructure will enhance the new venture’s business.