KYMCO announced a strategic partnership with Taiwan Taxi to transform the 26,000 two-wheeler delivery fleets operated by its subsidiary GBG Express to Ionex electric vehicles. GBG Express is the largest B2B delivery company in Taiwan specializing in last-mile delivery. It has 40,000 corporate clients from more than 100 industries, including most of Taiwan's leading on-line retailers. An integral part of the partnership will be KYMCO's deployment of dedicated Ionex battery swapping stations at GBG Express operation centers across Taiwan. Both companies will jointly develop Ionex electric vehicles optimized for delivery purposes and promote viable incentive schemes to accelerate EV adoption of GBG Express's rider partners. KYMCO is on an accelerating path to building the largest battery swapping network in Taiwan. With the addition of the in-house battery swapping stations deployed for GBG Express, the partnership aims to electrify more than 50% of the 26,000 GBG Express rider partners to Ionex electric vehicles by 2023.