Chairman Alan Ko says they will launch 10 electric models in the next three years, establish their own charge battery-swapping networks in 20 countries and sell more half a million electric vehicles worldwide.
“With the Ionex, together we start an open movement that celebrates one of the most important social missions of our time,” he says.
There is also the problem of the expense of infrastructure to provide vending machines in enough places to make it workable.
It may work in large cities, but would be impossible to get adequate con ergo in a large country such as Australia.
Kymco isn’t the first scooter company to suggest battery swap technology.
San Francisco company Scoot has about 700 electric scooters for short-term hire.
Now they are looking at moving into small cars with swappable batteries.