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Corporation
kymco.com.tw

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Investments

2

Partners & Customers

1

About Kymco

Kymco is a Taiwan-based electric two-wheeler vehicle maker.

Kymco Headquarter Location

Taiwan

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Latest Kymco News

KYMCO Launches Ionex Recharge, the World’s First On-Demand Battery Delivery and Swapping Service

Aug 11, 2021

Intellasia East Asia News 11-Aug-2021 Intellasia | PR Newswire Asia | 8:14 PM Enabling urban electric scooter and motorcycle riders to receive personalized energy replenishment with the push of a button TAIPEI, Aug. 11, 2021 /PRNewswire/ -- KYMCO introduces the groundbreaking Ionex Recharge, the world's first personalized energy replenishing service, providing on-demand battery delivery and battery swapping for electric scooters and motorcycles. Riders can have their vehicle batteries swapped at a designated time and place without the riders' presence. Furthermore, riders can also subscribe to an overnight battery swapping service and magically wake up to a fully-charged vehicle in the morning. This personal service aims to make electric vehicles not only eco-friendly but also rider-friendly. Overcoming the hassle of energy replenishment The world is in transition to zero-emission vehicles; more than 120 countries have pledged to go net-zero by 2050. As a part of this transition, motorcycles and scooters are poised to become the next global transformation in personal transportation. Meanwhile, start-ups and established brands alike are rushing to announce new electric models for riders, aiming to claim their place in the coming era. However, for consumers, the persistent inconvenience of needing their vehicles charged or batteries swapped has made many hesitant about going electric. Such reluctance is grounded in the everyday challenges faced by today's electric vehicle riders. For example, in multi-unit residential buildings, parking space adjacent outlets are usually not present. Even when riders are on the road, nearby charging stations can be hard to find, and the charge time might be too long. To eliminate the wait, battery swapping was introduced as an alternative to charging. However, riders still have to make the effort to find either public charging stations or battery swapping stations, forcing them to go out of their way for energy replenishment. "KYMCO has always been at the forefront of the electrification of scooters and motorcycles. We have dedicated ourselves to creating the most thoughtful customer experience of the electric era. We envision a world where recharging is only a button-push away," said Allen Ko, KYMCO Chairman. "A fully charged vehicle is available whenever you need it, or even better, awaits you every morning. Energy replenishment is no longer an issue in our daily lives, and embracing electric vehicles has never been so easy. That is how we bring the  world one step closer to net-zero." Fully charged vehicle at the push of a button Ionex Recharge is a personalized service that performs vehicle battery swapping for the riders. Riders provide the time and location via an app, and the service crews swap the depleted batteries with fully charged ones as requested, without requiring the riders' presence. In addition, riders can subscribe to Ionex Recharge so their vehicles automatically receive battery swapping services overnight. This overnight service ensures that riders wake up to a fully charged vehicle hassle-free. Ionex Recharge offers three distinctive advantages over traditional charging options: Save Time – Riders do not need to spend extra time riding to a charging station    or a swapping station. Ionex Recharge allows them to go about their business. Be Reassured – Finding a charging or swapping station nearby is never easy. Moreover, upon arrival, available chargers or batteries are not guaranteed. With Ionex Recharge, riders get fully charged vehicles every time. Stay Eco-friendly – Most Ionex Recharge charging facilities use green power instead of non-renewable energy sources. Riders make everyday contributions to the sustainability of our environment just by riding. "KYMCO continues to lead the way in preparing the world for the fast-approaching electric era. While the pandemic may have fundamentally changed our lives, the new normal presents fresh opportunities for a renewed global transition to electric vehicles," said Ko. "Ionex Recharge is a fully personalized energy service that eliminates urban riders' concerns about charging once and for all. It is the most significant leap forward in the electrification of personal transportation." You can learn more about KYMCO at www.kymco.com

Kymco Investments

2 Investments

Kymco has made 2 investments. Their latest investment was in GrabWheels as part of their Series A on February 2, 2020.

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Kymco Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/13/2020

Series A

GrabWheels

$30M

Yes

2

10/16/2018

Corporate Minority

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$99M

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10

Date

2/13/2020

10/16/2018

Round

Series A

Corporate Minority

Company

GrabWheels

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Amount

$30M

$99M

New?

Yes

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Co-Investors

Sources

2

10

Kymco Partners & Customers

1 Partners and customers

Kymco has 1 strategic partners and customers. Kymco recently partnered with Twenty Two Motors on October 10, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

10/15/2018

Partner

Twenty Two Motors

India

Upcoming Twenty Two Motors Electric Scooter Launch In 2019.

Today , Twenty Two Motors in partnership with KYMCO revealed the launch of their electric vehicle in India .

3

Date

10/15/2018

Type

Partner

Business Partner

Twenty Two Motors

Country

India

News Snippet

Upcoming Twenty Two Motors Electric Scooter Launch In 2019.

Today , Twenty Two Motors in partnership with KYMCO revealed the launch of their electric vehicle in India .

Sources

3

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