WeMo Aims for 100,000 Shared Scooters in 10 Years, Evaluates Southeast Asia and Japan Expansion

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Taiwanese shared electric scooter service WeMo announced plans to expand its fleet to 100,000 vehicles within 10 years and aims for annual revenue exceeding NT$1 billion by 2028. The company is also evaluating expansion into Southeast Asian markets and Japan.

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Taiwanese shared electric scooter service WeMo announced plans to expand its fleet to 100,000 vehicles within 10 years and aims for annual revenue exceeding NT$1 billion by 2028. The company is also evaluating expansion into Southeast Asian markets and Japan.

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Source: https://www.cna.com.tw/news/afe/202605120235.aspx | Date: Date unavailable

Central News (Central News Agency reporter Chung Jung-feng, Taipei, 12th) Shared electric scooter service WeMo announced today that its current fleet size has reached 11,000 vehicles, with a 10-year plan to reach 100,000 vehicles. It aims to increase its fleet by 5,000 to 8,000 vehicles annually over the next 3 to 5 years, targeting over 25% penetration in Taiwan by 2027 and annual revenue exceeding NT$1 billion by 2028. Regarding overseas market expansion, WeMo noted the feasibility of Southeast Asian markets including Thailand, Vietnam, and Indonesia, maintaining an open attitude towards any cooperation model. Plans are expected to become clearer in the first half of 2027. The Japanese market is viewed positively, with more concrete plans expected in the second half of 2027. WeMo held a press conference this afternoon, attended by representatives from major investors including Taiwan Mobile General Manager Lin Chih-chen, Taiwan Mobile Personal User Business Chief Commercial Officer Lin Tung-min, and Cathay Venture. WeMo Co-founder and Vice Chairman Wu Hsin-pei stated that the WeMo Fly fleet, in cooperation with Kymco, has reached 8,000 vehicles. Today, the WeMo GO fleet, in cooperation with Gogoro, will add 3,000 vehicles, bringing WeMo's total fleet size to 11,000 vehicles. The company aims to reach a vision of 100,000 vehicles in 10 years, continuously cooperating with different vehicle manufacturers. WeMo secured B-round funding with support from Taiwan Mobile, Cathay Venture, and Hon Chi Fund. Taiwan Mobile Personal User Business Chief Commercial Officer Lin Tung-min pointed out that since Taiwan Mobile launched its Taiwan Mobility strategy in 2022, it has expanded its smart mobility ecosystem, with WeMo becoming a key partner. Taiwan Mobile also facilitated this B-round additional investment, and both parties will continue to deepen cooperation to create a complete smart mobility ecosystem. WeMo CEO Liu Yu-hsun explained that WeMo completed its B-round fundin

WeMo Aims for 100,000 Shared Scooters in 10 Years, Evaluates Southeast Asia and Japan Expansion

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