KYMCO, one of the world’s leading motorcycle, scooter, and ATV manufacturers, has just announced a major new expansion to the brand’s Ionex platform for swappable battery electric vehicles.
We’ve watched over the years as KYMCO has expanded its Ionex system, pushing out thousands of battery swap kiosks around its domestic market in Taiwan and producing a wide range of compatible electric scooters.
Similar to other major battery-swapping companies, Ionex has operated under a membership platform that allows riders to buy the electric scooter and then pay for battery swapping as a service instead of buying the batteries outright.
Batteries are usually the single most expensive component in an electric vehicle, so this setup helps dramatically reduce the purchase cost of EVs.
Battery swapping has been a tough sell on full-size electric cars but has been proven effective on smaller EVs like motorbikes since the batteries can be lifted and swapped by hand.
Now KYMCO is making a big announcement, showcasing its plan to impact the battery-swapping market with an expansion of its Ionex offerings. Or more accurately, it’s making three announcements – all of which we were able to see firsthand at the 2023 EICMA Milan Motorcycle Show last week.
Check out my experience of seeing KYMCO’s updates firsthand in the video below.
The first major announcement is the launch of “Ionex Battery-as-a-Service Solution” for energy companies that want to offer battery-as-a-service (BaaS) for customers.
The second is the development of a Battery Metering Unit (BMU) that will allow third-party vehicle manufacturers to manufacture EVs that are powered by the Ionex Common Battery, the main battery developed by KYMCO for its Ionex platform.
The third major announcement is the opening of the Ionex Energy Station, the swapping kiosk at the heart of the battery swap model, as a solution for third-party network operators.
Getting my mind blown during an on-scooter demonstration
Ionex Battery-as-a-Service Solution
KYMCO is opening up its system to allow energy companies to offer Battery-as-a-Service operations using the Ionex Common Battery and the Ionex Operating System.
The batteries themselves have already performed millions of swaps in the field, mostly in KYMCO’s domestic market of Taiwan, and the company says it’s now ready for energy companies to adopt the system.
Energy companies can theoretically outfit their existing locations, such as gas stations, with the ability to swap and charge batteries as well as offering vehicle charging from the same kiosk.
“The Ionex Battery-as-a-Service not only accelerates EV adoption but also re-defines the industry,” commented Ken Ma, President of MEV at Ampace, a joint venture of ATL and CATL. “The Ionex Battery-as-a-Service allows energy companies to focus on developing and supplying batteries with the best technology for all-electric motorcycle riders,” commented Vincent Wong, Senior Vice President of EVE Energy.
KYMCO Chairman Mr. Allen Ko with a complete Ionex system showcasing swapping, garage charging, and home charging options
Ionex Battery Metering Unit for manufacturers
The newly unveiled Ionex Battery Metering Unit (BMU) is the brains of the operation that will make it easy for third-party OEMs to produce electric scooters and motorcycles that are powered by Ionex batteries.
The BMU is essentially a black box that holds all the magic inside, allowing other manufacturers to reduce their vehicle development time by relying on Ionex’s technology for powering the vehicles.
As the company explained, the BMU accurately tracks real-time battery usage and “comes with an Internet of Vehicles (IoV) control interface, allowing the vehicle to connect with the rider through the Ionex User App for abundant smart vehicle features and turning the rider’s mobile phone into the vehicle’s keyless device. It is also equipped with Over-The-Air (OTA) firmware updates and financial-grade encrypted data transmission, all the advanced digital technologies expected in the electric era.”
Ionex Energy Stations ready to roll out
The Ionex Energy Station is the company’s battery-swapping kiosk that is capable of charging and deploying batteries for swapping as well as electric vehicle charging. The system is cloud-connected and comes in various sizes, even down to mini-stations with just five battery slots.
The stations can be used with any BMU-equipped electric vehicle, opening the door to a wide range of EVs operating on the Ionex platform.
Earlier this summer we heard early details regarding KYMCO’s partnership with PTT, a massive Thai energy company, that is seeing Ionex stations rolled out in Thailand.
As Managing Director of Arun Plus, the EV ecosystem flagship of PTT, Ekachai Yimsakul explained:
“The Ionex Energy Station is a turnkey solution to build battery-swapping networks for electric motorcycle riders. It plays a crucially important role in our pursuit of becoming the leading global energy provider in the electric era.”
KYMCO of course isn’t the only battery-swapping game in town, but the company has made major strides in the last few years. With an increasing customer base and country list, Ionex is definitely a platform to keep an eye on.
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Fortescue is marching towards zero emissions as it invests in new, zero-emission mining equipment options across its global operations. And that investment? It’s already paying off. One analyst says the company’s saving almost $400 million in fuel costs alone. Each year.
From massive, Liebherr-built electric haul trucks and excavators to more than $400 million in Chinese equipment from XCMG, Fortescue is putting its money where its mouth is and making real efforts to decarbonize its global mining operations.
“We’re moving rapidly to decarbonize our Pilbara iron ore operations and eliminate our Scope 1 and 2 terrestrial emissions by 2030. To achieve this target, we will need to swap out hundreds of pieces of diesel mining equipment at the end of their life with zero emissions alternatives,” said Fortescue Metals Chief Executive Officer, Dino Otranto, when the XCMG order was announced. “As the global mining industry continues to evolve, we’re proud to be at the forefront of driving innovation in value adding green technology and showing the world that industry can decarbonize.”
Those efforts aren’t just cutting back on air pollution. Electric equipment assets are helping to keep the company’s workers safe and healthy, too. What’s more, they’re saving the company money – they’re already seeing $300-400 million in fuel savings annually.
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Liebherr T264 electric haul truck
Liebherr T264; via Fortescue.
The Liebherr T264 electric haul trucks now working for Fortescue defy common sense notions of size, scale, and power. Each truck tips the scales at 176 tonnes (194 tons) and can haul more than 240 tonnes (265 tons) of payload thanks to powerful electric motors and a big-as-a-house-sized 3.2 MWh battery that can be recharged in a little over 30 minutes by Liebherr’s proprietary 6 MW DC fast charger.
If you could keep the car from exploding, that 6 MW (that’s 6,000 kW to you and me) charger could zap a Tesla Model Y Long Range’s 75 kWh battery in some thirty (30) seconds.
Meanwhile, big electric haul trucks like this 240 ton unit from Caterpillar can, in certain use cases with high amounts of regenerative braking, operate without any significant cost to recharge. At that point, the reduced maintenance and downtime of BEVs compared to diesel vehicles becomes icing on the TCO cake.
We spoke to Fortescue Zero executives a few months ago on a special interview episode of Quick Charge. Check it out (above) then let us know what you think of Fortescue’s fuel savings in the comments.
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This world’s first fully electric deconstruction site is being hailed as a landmark in sustainable urban development — and it’s powered by Siemens technology and Volvo Group’s battery-electric trucks and heavy equipment.
The deconstruction project (that’s kind of like a really careful demolition) marks the first full-scale electric deconstruction of its kind, and serves as important proof that with the right partners and the will to do it, urban construction projects like this can be carried out sustainably, today – and all without fossil fuels. It’s all part of Siemens’ €500 million technology campus redevelopment, the deconstruction site in Erlangen, Germany, and marks a pivotal step in advancing sustainable urban transformation and circular construction practices.
In collaboration with the demolition specialists at Metzner Recycling, Volvo CE deployed a fully electric fleet of equipment assets specially chosen to deliver quiet, precision demolition across the 25,000 cubic meter job site.
As well as deconstruction tasks, the electric machines helped sort and process approximately 12,800 tons of construction waste, with 96% recycled into raw materials for future use – supporting the shift towards circular materials management.
VOLVO CE
“At Siemens Real Estate, we are committed to pushing the boundaries of sustainable construction and demolition,” explains Christian Franz, Head of Sustainability at Siemens Real Estate. “This groundbreaking electric deconstruction project boasts an impressive 96% recycling rate and is a testament to our commitment to achieving excellence in sustainability … this project illustrates how partnerships and determination can create a lasting impact and help shape a more sustainable real estate industry.”
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In addition the construction equipment was hauled into the site by Volvo Truck’s battery electric semi trucks, enabling emission-free operations from demolition, to crushing, materials processing, and transport.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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Hyundai offered a first look at the hot hatch earlier this week after unveiling the Concept Three, its first compact EV under the IONIQ family. The new EV, set to arrive as the IONIQ 3, already has a sporty, hot hatch look, but that could be just the start.
Hyundai has a new EV hot hatch in the making
The Concept Three took the spotlight at IAA Mobility in Munich with a daring new look from Hyundai. Based on its new “Art of Steel” design, the concept is a stark contrast to the Hyundai vehicles on the road today.
Hyundai took the “Aero Hatch” design to the next level, deeming it “a new typology that reimagines the compact EV silhouette.” And that it does.
When it arrives in production form in mid-2026, it’s expected to take the IONIQ 3 name as a smaller, more affordable sibling to the IONIQ 5.
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Hyundai is set to unveil the electric hatchback next spring with an official launch planned in Europe in September 2026. According to Hyundai’s European boss, Xavier Martinet, the IONIQ 3 could make for the perfect EV hot hatch.
The Hyundai Concept THREE EV, a preview of the IONIQ 3 (Source: Hyundai)
Martinet hinted that the IONIQ 3 could receive the “N” treatment, telling Auto Express that “The concept is quite sporty, and obviously you have heritage with N brand.” Hyundai’s European boss added that “it’s a fair topic to consider.”
Although it doesn’t sound too convincing, Hyundai’s head of design, Simon Loasby, called it “an opportunity.” Loasby was quick to add, “We’re not calling it N, it’s not approved yet.”
The Hyundai Concept THREE EV, a preview of the IONIQ 3 (Source: Hyundai)
“But I think everyone in the company is realising what Europe needs, and that’s compact hot hatches, so it’s a topic for discussion,” Hyundai’s design boss added.
The Concept Three is 4,287 mm long, 1,940 mm wide, and 1,428 mm tall, with a wheelbase of 2,722 mm, or about the size of the Kia EV3 and Volkswagen ID.3. Both of which are set for hot hatch variants.
The Hyundai Concept THREE EV, a preview of the IONIQ 3 (Source: Hyundai)
If the IONIQ 3 N does come to life, it will be the third Hyundai EV to receive the high-performance upgrade, following the IONIQ 5 N and IONIQ 6 N.
The IONIQ 5 N “was just the first lap,” according to Joon Park, vice president of Hyundai’s N Brand Management Group. He told Auto Express that Hyundai is “at the starting line” and plans to apply what it learned from its first EV hot hatch to upcoming models.
If you’re looking for an affordable electric hot hatch, Hyundai already offers one. After Hyundai cut lease prices last month, the IONIQ 5 N is now listed at just $549 per month. That’s $150 less per month than in July.