Gogoro, the secretive start up that has raised $150 million in funding since 2011, finally unveiled this week at CES what it has been working on all these years: a Smartscooter, and the battery-exchange network that will power it.

Horace Luke, Gogoro’s CEO, spent time working at HTC, and tech observers agree that the smartphone manufacturer’s DNA is present in the Scooter’s sleek design. The scooter goes from 0-30 in 4.2 seconds, with a maximum speed of roughly 60 mph. With batteries in both of the scooter’s two slots filled, it has a maximum range approaching 100 miles.

But despite the attractiveness of the Smartscooter itself, it is the battery swapping network that comes with it that Gogoro hopes will revolutionize urban life.

The shoe box-sized battery is constructed with Panasonic’s 18650 lithium-ion cells and weighs approximately 20 pounds. When it starts to run low, TechCrunch reports, a smartphone app will direct riders to the nearest “GoStation” hub. About the size of an ATM, each of these hubs can hold and charge eight batteries at a time. The company claims users will be able to take out their dead battery and swap in a new one in roughly six seconds.

If the system is a success, it could power an array battery-powered devices in the future.

Battery-swapping has been attempted in the past, however. And it always failed because the logistics were too daunting. Gogoro clearly hopes that the smaller-scale demanded by its infrastructure (the scooter battery is potentially hundreds of pounds lighter than an electric car battery) will make the idea work this time.

“We can show up with one truck and have it packed with enough hubs to cover a college campus or small city,” Luke told TechCrunch.