Press releases

KYMCO kicks off the electric revolution at EICMA 2023 with the innovative Ionex EV solution

Building on more than 25 years at the forefront of innovation in electric vehicles (EVs), KYMCO announced three breakthrough Ionex technologies to accelerate the mass adoption of electric mopeds:

– Battery-as-a-Service Solution for Energy Companies

– Ionex Battery Metering Unit for EV Manufacturers

– Energy Station for Battery-swapping Network Operators.

“Today we are on the threshold of an extraordinary transformation in the world of mobility. A change that redefichanges the way we move, a change led by KYMCO,” said Allen Ko, President of KYMCO.

KYMCO's vision

a world where electric motorcycles are everywhere

  • provision of battery services to users of electric mopeds and motorcycles by energy companies. With this battery service, riders receive batteries from energy companies with guaranteed performance and pay only for the actual use of the battery. Motorcyclists therefore no longer have the obligation to purchase batteries together with the vehicle.
  • introduction by EV manufacturers of electric motorcycles with integrated battery meter on board. Every electric moped and motorcycle runs on battery service provided by energy companies. Without the cost of batteries, mopeds and motorcycles are cheaper than ever.
  • battery exchange by network operators who create thousands of battery exchange points, forever eliminating doubts about battery autonomy. Battery swap networks offer motorcyclists immediate recharges with no waiting times and unlimited range.

More fundamentally, KYMCO provides riders with choices from a wide range of electric mopeds and motorcycles made by various manufacturers and battery service plans that best suit their lifestyle. For electric refueling, riders charge their vehicle in the garage or recharge the battery at home. In the city, motorcyclists replace the battery at the nearest exchange point. And while on the road, riders take advantage of the unlimited range offered by the extensive battery swapping network to refuel all their routes.

Ionex EV Solution

the true beginning of the electric age

To address all the current challenges and future ambitions of KYMCO's vision, President Ko announced three innovative technologies to incentivize all stakeholders to collaborate as the Ionex Open Consortium, an EV ecosystem that brings affordable, practical and sustainable electric mobility to all, the true beginning of the electric age.

The Ionex Battery-as-a-Service Solution for Energy Companies, Ionex Battery Metering Unit for EV Manufacturers, and Ionex Energy Station for Battery-swapping Network Operators initiatives comprise the revolutionary Ionex EV Solution. The goal of the Ionex EV Solution is to provide benefits to every stakeholder in electric mobility, especially to all consumers, businesses and governments looking to transition to electric power.

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“We look forward to seeing the impact the Ionex EV Solution will have on Southeast Asia's rapidly developing EV ecosystem. We see its potential to realize more practical and economical electric mobility,” commented Chuck Kim, CEO of Group Business Development and Capital Markets, Grab.

“The beginning of the electric age is happening here today,” Allen Ko said. “KYMCO's revolutionary Ionex EV Solution is paving the way for all stakeholders to make the transition to the electric future together. I invite everyone to join us on this transformative journey."

KYMCO

KYMCO is a brand with a rich tradition of almost 60 years in the powersports industry. The company is focused on innovation, quality and style and has established itself as a leading global manufacturer of scooters, mopeds, motorcycles and quads. State-of-the-art production facilities and the use of the latest technologies ensure the reliability and style of every vehicle produced by the company.

KYMCO is committed to reducing its environmental footprint, promoting sustainability, supporting social causes and giving back to communities. Whether riders are looking for a sporty and stylish scooter or a rugged and durable quad, KYMCO has something for everyone. KYMCO is a brand that represents the best of the powersports industry: innovation, quality, style and commitment to making the world a better place.

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