Honda, Yamaha, Suzuki and Kawasaki’s battery-sharing service company has arrived
– The company was named Gachaco
– ENEOS, the Japanese oil company holds 51% of the capital of Gachaco
– Currently, Big Four Battery as a Service (BaaS) is only for the Japanese market
The Big Four – Honda, Yamaha, Suzuki and Kawasaki – established their swappable battery sharing company in Japan. It is called Gachaco and was imagined in 2019.
Besides the Big Four, the Japanese oil giant ENEOS has also invested heavily in Gachaco. He owns 51% of the capital, leaving Honda with 34% and the other three with 5%. The battery chosen for this application is Honda’s Mobile Power Pack, which comes as no surprise.
So far, interchangeable battery service seems to be the most convenient method of recharging electric two-wheelers. Just drive into the station, swap the dead battery for a charged one, and drive away. However, the infrastructure requirement is what the Big Four association will be able to build with relative ease.
In the future, the shared exchangeable battery service will prove to be more reliable as the number of stations increases and the batteries offer at least a few hundred kilometers of range. Additionally, using common batteries also means the vehicles would be largely similar, albeit with different designs and a handful of different features.
For now, Gachaco is only present in Japan, but it will not be a surprise if similar technology also appears on the European market in the future. As for India, it will take some time before Gachao enters our market.