Science & Technology
2024 Climate Tech Companies to Watch: Gogoro and its battery-swapping network for electric scooters

Technology tamfitronics

Electric vehicles can take a long time to charge up, and places to do so can be hard to find. Gogoro’s innovative technology offers a quick and easy way to swap drained batteries for charged ones at a growing number of stations worldwide.

When a magnitude 7.4 earthquake rolled through Taiwan in April, it was the biggest to hit the island in more than a century. Hundreds of Gogoro battery-charging stations did something pretty amazing in response: They automatically powered down to reduce strain on the grid. That saved enough electricity to power thousands of homes until the grid came fully back online. And it all happened without human intervention, thanks to the company’s network of AI-powered battery-swapping stations located all over the island.

A big challenge with the transition to EVs is making sure it’s easy and fast to charge them up, no matter where you are. Charging stations can be hard to find, and if you plug into a wall (or even a standard charger), it can take hours to fully refill a battery. Gogoro has tackled these related issues by building out a network of hundreds of battery-swapping stations throughout Taiwan, where scooters (think Vespa, not Razr) far outnumber cars. Instead of recharging, customers roll up, grab a new battery, and get back on the road again in less time than it takes to fill up a tank with gas.

Now Gogoro is bringing that system online throughout the world, with locations in India, China, Colombia, and the Philippines, among other countries. Key to its success is the complete ecosystem it has created. Gogoro manufactures both scooters and batteries; the latter power not only its own vehicles but also those made by Yamaha, Suzuki, and various other local manufacturers worldwide. It also maintains a fleet of rideshare scooters available to rent (which the company made free in the aftermath of the earthquake until Taipei’s public transit system came back online). And the whole system is tied together by more than 13,000 battery-swapping stations found at 3,000 locations throughout the world.


Technology tamfitronics Key indicators

  • Industry:Electric vehicles
  • Founded:2011
  • Headquarters:Taipei, Taiwan
  • Notable fact:Riders can exchange empty batteries for fully charged ones in less than six seconds at Gogoro’s battery-swapping stations.

Potential for impact

A key challenge of transitioning away from fossil fuels is competing with the price and ubiquity of gasoline. Thanks to its network, Gogoro has made electric micro mobility vehicles convenient, efficient, and affordable, so they offer a real alternative to filling up at the pump. In fact, there are now more Gogoro stations in Taipei than gas stations.

Moreover, those stations are not only convenient but environmentally friendly. They’re able to act as virtual power plants: They can draw power during times when grid usage is low (such as at night), return power to the grid when usage is high, and even supply backup power in case of emergencies like an earthquake or typhoon. More than 1,000 Gogoro stations now do double duty in this way.

Finally, when the company’s batteries reach the end of their life for powering scooters, they can be redeployed as backup power packs for traffic lights, streetlights, and other electrical infrastructure.

Caveats

For the company to grow and have a real impact on global emissions, it has to build networks like the one in Taiwan throughout the rest of the world. That’s incredibly capital intensive. It also means Gogoro will need to work closely with local governments, adapt to varying international regulations, redesign its vehicles to meet local consumer preferences, and partner with other manufacturers and grid power providers. It’s a tall order. The company’s rollout in India is facing delays as it awaits clarity from regulators on which subsidies will be made available. And although Gogoro can start small in new markets, if the company’s infrastructure does not keep pace with demand there, customers could be hard pressed to find fully charged batteries.

What’s more, while Gogoro’s model works well in densely populated urban areas, it faces significant challenges in suburbs and rural areas. And the company’s biggest competitor of all may be cheap gasoline—especially in countries like the US or Indonesia.

Next steps

Gogoro continues to push into new markets, according to Jason Gordon, the company’s vice president of communications. “Following launches in India and the Philippines in late 2023, Gogoro has continued our expansion in 2024 with launches in Bogota, Colombia; Singapore; and Nepal,” he says, “with Santiago, Chile, planned for later this year.”

Explore the 2024 list of 15 Climate Tech Companies to Watch.

Science & Technology
Coming soon: Our 2024 list of 15 Climate Tech Companies to Watch

Technology tamfitronics

The work these companies are doing is needed now more than ever. Global warming appears to be accelerating. The oceans are heating up faster than expected. And some scientists fear the planet is approaching tipping points that could trigger dramatic shifts in Earth’s ecosystems.

Nations must cut the greenhouse-gas pollution fueling that warming, and the heat waves, hurricanes, droughts, and fires it brings, as fast as possible. But we can’t simply halt emissions without plunging the global economy into a deep depression and the world into chaos.

Any realistic plan to cut billions of tons of emissions over the next few decades requires us to develop and scale up cleaner ways of producing electricity, manufacturing goods, generating heat and cooling, and moving people and stuff around the world.

To do that, we need competitive companies that can displace heavily polluting industries, or force them to clean up their acts. Those firms need to provide consumers with low-emissions options that, ideally, don’t feel like a sacrifice. And because climate change is underway, we also need technologies and services and infrastructure that can keep communities safe even as the world grows hotter and the weather becomes more erratic and extreme.

As we stated last year, we don’t claim to be oracles or soothsayers. The success of any one business depends on many hard-to-predict variables, including market conditions, political winds, investor sentiment, and consumer preferences. Taking aim at the business model and margins of conglomerates is especially fraught—and some of these firms may well fail.

But we did our best to select companies with solid track records that are tackling critical climate problems and have shown recent progress.

This year’s list includes companies working to cut stubborn agricultural emissions, mine the metals needed for the energy transition in cleaner ways, and help communities tamp out wildfires before they become infernos. Others are figuring out new ways to produce fuels that can power our vehicles and industries, without adding more carbon dioxide to the atmosphere.

A few companies from last year’s list also made the cut again because they’ve made notable strides toward their goals in the past 12 months.

We’re proud to publish the full list in the coming weeks. We hope you’ll take a look, ideally learn something new, and perhaps leave feeling encouraged that the world can make the changes needed to ease the risks of climate change and build a more sustainable future.

Politics
In election year, climate faith leaders urge voters to make environment a priority

Politics tamfitronics

(RNS) — Only about 4 in 10 American voters say global warming will be “very important” when they vote for president in November, according to the Yale Center for Climate Change Communication. But while polls show voters are concerned with other issues, such as inflation and immigration, the environment continues to be a top concern for voters, especially younger ones, and crosses lines of faith and politics in ways that other issues don’t.

“I think young people just want the issues that we care about, like our communities, our economy and jobs and God’s creation, to be taken seriously,” said Tori Goebel, the spokesperson for Young Evangelicals for Climate Action, founded in 2012.

Goebel’s organization doesn’t endorse candidates and instead works to provoke more candid discussion on the topic. “We just want young people to be informed and to make meaningful decisions for the sake of God’s creation. And I don’t think we could do that unless the candidates are honestly talking about the issues.”

It’s a misconception to think that climate change is only a concern on the left, said Katharine Hayhoe, an evangelical Christian, scientist and author of “Saving Us: A Climate Scientist’s Case for Hope and Healing in a Divided World.” Hayhoe, who has a record of fostering conversations across theological and ideological differences, said that climate is a bipartisan issue.



The majority of Americans, including many Republicans, support action to address climate change, she said. “That is really something that we should always highlight and point out. It’s almost like a public service to all of us who are concerned: There’s actually more of you than you think there are.”

Climate has become a political football, she added, because stakeholders, such as CEOs of fossil fuel companies, feel that the solutions threaten their bottom line.

Hayhoe, who teaches in the political science department at Texas Tech University, blames Christians who see the environment entirely in political terms, and not as a matter of biblical values such as love of neighbor. “All too many people in the United States who self-identify as Christian (have a) statement of faith written first by their political ideology and only a distant second by their theology,” she said. “And if the two come into conflict, they will go with ideology over theology. And my question is, are they even Christian?”

Politics tamfitronics Dekila Chungyalpa. (Photo courtesy Center for Healthy Minds)

Dekila Chungyalpa. (Photo courtesy Center for Healthy Minds)

Dekila Chungyalpa, founder and director of the Loka Initiative at the University of Wisconsin, has spent more than two decades creating partnerships between faith groups and conservationists. She said there are economic aspects to the question of climate change — not least, how people will farm and eat in changed conditions. But, she said, “there’s also a conversation in which there’s a sense of trying to find a better way to live in relationship to each other, to build meaningful communities.

“There’s a longing for a sense of belonging, of community, of connection, of meaning and value that is really healthy and being touched on from different directions by different parts of the political spectrum,” Chungyalpa said.

She suggested that one way to build partnerships across partisan lines may be to focus on disaster preparedness and on building resilience in the face of change, rather than on the issue in the abstract.

Describing the moment as “exciting and scary,” Karenna Gore, founder and executive director of the Center for Earth Ethics in New York City, said that Republican nominee former President Donald Trump and his Make America Great Again movement pose “a very big challenge” to the democratic tradition of American self-government. But concerned Americans, including people of faith, are capable of meeting that challenge — and of confronting the psychological toll of environmental devastation in a constructive way, she said.

“I have been in church spaces in the past year,” said Gore, daughter of former vice president and environmental crusader Al Gore Jr., “where I have been moved to tears by the integrity and the depth that people are bringing to this exact conversation, sitting with the uncertainty. Instead of approaching dialogue with a strident self-confidence, they are saying, ‘I can’t do this all alone. I want to hear what other people have to say, so that we can actually pull it together.’”

Politics tamfitronics Democratic presidential nominee Vice President Kamala Harris arrives to speak on the final day of the Democratic National Convention, Thursday, Aug. 22, 2024, in Chicago. (AP Photo/Jacquelyn Martin)

Democratic presidential nominee Vice President Kamala Harris arrives to speak on the final day of the Democratic National Convention, Thursday, Aug. 22, 2024, in Chicago. (AP Photo/Jacquelyn Martin)

Kamala Harris, the Democratic nominee, has yet to put forth a detailed climate policy, but secular activists and climate groups seem to be giving her credit for casting the tie-breaking vote in 2022 for the Biden administration’s Inflation Reduction Act, a history-making investment in climate mitigation efforts.

Trump, who ran on eliminating environmental regulations as a candidate in 2016 and 2020 and was partly successful in doing so while president, has said in his current campaign that he would roll back rules governing greenhouse gas pollution if reelected. In late August, he promised to rescind a rule governing power plant pollution.

In addition, though fossil fuel production is already at record levels under President Joe Biden, Trump has promoted the slogan “Drill, baby, drill” as a way in which a future administration would bring down inflation.

But Rabbi Devorah Lynn, co-chair of the Jewish Earth Alliance, an organization that helps Jewish “green” groups network with their representatives in Congress, said that down-ballot voting, for senators and representatives and lesser offices, is as important as votes for president. Climate “underlies immigration, the farm bill, conflict in the world, and health,” said Lynn. Many decisions on these issues are made by those in “Congress and all of the positions that we vote for below Congress, so state and local.”

Politics tamfitronics Rabbi Devorah Lynn. Photo courtesy Jewish Earth Alliance

Rabbi Devorah Lynn. (Photo courtesy Jewish Earth Alliance)

Rationalist environmental advocates and traditional faith communities aren’t natural allies. Baptist Pastor Ambrose Carroll, founder of Green the Church, an Oakland, California, nonprofit, said that for decades he has been “trying to get environmental justice people on the social justice bus.”

In doing so, Carroll, who serves on the National Environmental Justice Advisory Council of the Environmental Protection Agency, has worked to build bridges between often largely white environmental organizations and people of color, who are often the most affected by problems such as air pollution, toxic waste and lack of tree cover.

Carroll said the Black community is skeptical whether, whoever is president, things will actually change for the better. Nonetheless, for his organization, which helps Black congregations act and build sustainably, “it’s not what we are against, but what we are for.” The Black church “may not own a lot of skyscrapers downtown, but we do own a lot of church buildings. They are the largest asset of the African American community. So, we’re standing up.”



Faith leaders, whether in houses of worship or working full time for climate solutions, encounter a lot of people, young and old, faithful and not, and hear how worried average Americans are about climate change. They say the most critical converts in this fight are not voters, but those running for office, who seem to underestimate the level of concern.

“Our elected officials, at the city level, at the state level, at the county level, and, of course, at the national level,” said Hayhoe, “need to hear from their constituents about how they care about this issue and how they support action on this issue.”

The only way that’s going to happen, she added, is if constituents speak out.

Science & Technology
London Climate Technology Show: Premier Speaker, Exhibitor line-up Make it Must-attend

Technology tamfitronics

LONDON, Aug 7, 2024 – (ACN Newswire) – The 3rd edition of the London Climate Technology Show is set to be its most spectacular yet with world-class experts, business leaders, and influential decision makers already on board. With ambitious goals of attracting over 5,000 attendees, 120+ exhibitors, 120+ speakers, 1500+ participating companies, 100+ associations and media partners, the show is well on its way to achieving these remarkable targets.

The event will address critical themes including achieving Net Zero and overall sustainability, innovations in AgriTech, the evolving landscape of carbon markets, and advances in climate tech. Among the distinguished speakers who will be contributing their expertise on these pivotal topics are: Celestine Cheong, Head of External Communications at the United Kingdom Atomic Energy Authority; Nicholas Mazzei, Vice President of Sustainability at DP World; Claire Elsdon, Director of Capital Markets at CDP; Laura Sandys, Chair at Green Alliance; Olivia Powis, UK Director at the Carbon Capture and Storage Association; Sarah Mackintosh, Director at Cleantech for UK; Davide Sabbadin, Deputy Policy Manager for Climate at the European Environmental Bureau; Nick Lyth, President at Green Angel Ventures; David Flanders, Chief Executive Officer at Agrimetrics; and Matthew Gray, Co-Founder and CEO at TransitionZero.Click here to check all speakers

The event will also feature a diverse range of exhibitors showcasing cutting-edge solutions and innovations across sustainability and climate technologies. Among the prominent exhibitors are: Carbonsafe, Carbon Asset Solutions, Terra CO2 Technology, Freeze Carbon, ClimEase, Coomtech, Woodland Trust, Net Zero Insights, National Grid Electricity Transmission, KJL Group, Michelin Scotland Innovation Parc, First Light Fusion, The Carbon Literacy Project, Climate Essentials, Fauna & Flora, Concrete4Change (C4C), Fibe, Biopac, The Perfect Process Company, RRL, University of Chester, Nature Broking, Go Climate Positive, ENVIROGOOD, Bizumi, Hydram Research.Click to explore the entire list.

With thousands of industry professionals convened under one-roof, #CTS24 will offer an opportunity for exhibitors to meet business partners in a highly engaging conducive environment. Moreover, the event is a right place for startups to present their ideas/offerings to the VCs and find the right investment for their business. This initiative aims to provide vital support for sustainable endeavours, thereby accelerating the adoption of eco-friendly technologies and practices.

Complementing the main program, #CTS24 will host engaging side events such as Startup Acceleration Programs, workshops, etc fostering further opportunities for learning and collaboration and enhancing understanding of key issues and trends. Attendees will have ample networking opportunities with industry leaders and peers, fostering potential collaborations and professional growth. Additionally, exposure to innovative solutions from diverse exhibitors will offer practical approaches to addressing current challenges.

Join us for this year’s most exciting netzero event and explore what is on offer to tackle the pressing challenges of climate change. Click Here To Register.

In case of any queries, you can contact us at: [email protected]

Topic: Press release summary
Source: Valiant Business Media

Sectors: Trade Shows, Environment, ESG
http://www.acnnewswire.com
From the Asia Corporate News Network

Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.