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Taiwan’s electric scooter market faces a shake-up as third player eyes entry

Driven by global industrial trends and supportive local policies, Taiwan has taken an aggressive lead in developing its electric scooter industry. With major players like Gogoro Network and Kymco’s Ionex already entrenched, a potential new entrant — a coalition between Sanyang Motor (SYM) and CPC Corporation, Taiwan’s state-owned oil company — is sparking debate over whether the market can support a third battery-swapping system.