Gogoro

Gogoro Launches Battery Swapping Ecosystem in India and Unveils India-made CrossOver Smartscooter

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Tuesday, December 12, 2023
Foot, Transport, International Centre, ICAT, All-terrain vehicle, Ecosystem, SIDBI, City, College of Engineering (KNUST), OEM, Motorcycle, CrossOver (software), Maas, EV, GGR, Rigidity, ICE, Extrusion, Gogoro Smartscooter, B2B, Gogoro

DELHI, India, Dec. 12, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced the immediate availability of its battery swapping ecosystem and Smartscooters in India. The company also unveiled its first India-made Smartscooter, the CrossOver GX250.

Key Points: 
  • Gogoro introduces Gogoro CrossOver GX250, CrossOver 50 and CrossOver S.
    DELHI, India, Dec. 12, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced the immediate availability of its battery swapping ecosystem and Smartscooters in India.
  • The CrossOver will be available in India in three models, the CrossOver GX250, CrossOver 50 and CrossOver S. The CrossOver GX250 is immediately available today with the CrossOver 50 and CrossOver S shipping later in 2024.
  • The CrossOver GX250 captures the best of Gogoro's new CrossOver Smartscooters while integrating India-specific features that Gogoro pilot riders in India requested.
  • Turnkey Solution - Gogoro works with business partners, to deploy a complete battery swapping ecosystem and Smartscooters that are made in India to new domestic and international markets like Nebula Energy in Nepal.

Gogoro Releases Third Quarter 2023 Financial Results

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Thursday, November 16, 2023
Webcast, Research, CFO, Earnout, Exercise, ICE, PTW, Marketing, City, Aircraft, Adjustment, Financial management, GGR, Use, Constant purchasing power accounting, Transport, Renewable energy, Gogoro

TAIPEI, Taiwan, Nov. 16, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its third quarter ended September 30, 2023.

Key Points: 
  • TAIPEI, Taiwan, Nov. 16, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its third quarter ended September 30, 2023.
  • These results represent our continuous focus on gross margin, operating cash flow and operational efficiency," said Bruce Aitken, CFO of Gogoro.
  • For the third quarter, adjusted EBITDA1 was $13.1 million, up from $9.2 million in the same quarter last year.
  • Gogoro's management team will hold an earnings Webcast on November 16th, 2023, at 7:00 a.m. Eastern Time to discuss the Company's third quarter 2023 results of operations and outlook.

Gogoro Introduces First Two-Wheel SUV

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Tuesday, October 24, 2023
Storm, GGR, Rigidity, SUV, All-terrain vehicle, Traction control system, FLO, SBS, Foot, LTE, LED, City, Gogoro Smartscooter, CrossOver (software), TCS, Bookbinding, Rail transport, Gogoro

TAIPEI, Taiwan, Oct. 24, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today introduced the Gogoro CrossOver Smartscooter, the first two-wheel SUV. Designed to be customized and personalized, CrossOver riders can also adapt its functions on the fly. The CrossOver will be available in Taiwan later this quarter in two models: CrossOver and CrossOver S.

Key Points: 
  • TAIPEI, Taiwan, Oct. 24, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today introduced the Gogoro CrossOver Smartscooter, the first two-wheel SUV.
  • Optimized for various road conditions, the Gogoro CrossOver adopts a newly developed all-terrain frame that provides increased rigidity for improved strength and stability.
  • Gogoro CrossOver integrates a Synchronized Braking System (SBS) that is equipped with front/rear disc brakes that stabilize and shorten the braking distance.
  • With the introduction of CrossOver in Taiwan, Gogoro is introducing the Gogoro Bespoke Club for Smartscooter customization services that let CrossOver riders create their own unique and personalized Smartscooter with more than 100 color combinations.

Gogoro Releases Second Quarter 2023 Financial Results

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Thursday, August 10, 2023
SPAC, GGR, PTW, Use, Marketing, ICE, Research, B2C, The GoStation, EBITDA, Acquisition, Webcast, CFO, City, Growth, Transport, Cryptocurrency, Rail transport, Video game, Pharmaceutical industry, Gogoro

TAIPEI, Taiwan, Aug. 10, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its second quarter ended June 30, 2023.

Key Points: 
  • TAIPEI, Taiwan, Aug. 10, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its second quarter ended June 30, 2023.
  • Our focus on cost management has resulted in improved bottom-line performance, and we continued to see healthy increases in our Gogoro battery swapping revenue in the second quarter of 2023.
  • For the second quarter, net loss was $5.6 million, down $115.5 million from $121.1 million in the same quarter last year.
  • Gogoro's management team will hold an earnings Webcast on August 10th, 2023, at 8:00 a.m. Eastern Time to discuss the Company's second quarter 2023 results of operations and outlook.

MUJI, Gogoro and Naoto Fukasawa Collaborate on New Gogoro Smartscooters and a New Range of Merchandise and Accessories

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Monday, July 31, 2023
GGR, Good, Plastic, Recycling, Merchandising, Life, Vehicle, Public, Tama Art University, Human, Carbon, ID, Silicon, Fukasawa, World Environment Day, Renewable energy, Regeneration, Beauty, Sustainability, MUJI, Gogoro Smartscooter, PP, City, Epson, Transport, IDEO, Environment, Thermoplastic, Airline, Gogoro

TAIPEI, July 31, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a collaboration with Japanese designer Naoto Fukasawa and MUJI, the Tokyo-based consumer goods and lifestyle company. The newly designed Gogoro VIVA ME and Gogoro VIVA MIX ME along with a range of merchandise and accessories were launched today at a press event in Taipei. 

Key Points: 
  • The newly designed Gogoro VIVA ME and Gogoro VIVA MIX ME along with a range of merchandise and accessories were launched today at a press event in Taipei.
  • Created by Gogoro and MUJI, the Gogoro VIVA ME and Gogoro VIVA MIX ME offer simplified Smartscooter designs that utilize recycled polypropylene (PP) body elements.
  • "Both Gogoro and MUJI are quite popular brands, and it is very natural for them to cooperate in this way.
  • Gogoro pioneered the mass market manufacturing of recyclable polypropylene plastics for vehicle body panels in 2019 with the Gogoro 3 Smartscooter and then across its full range of Gogoro Viva Smartscooters including Gogoro VIVA, Gogoro VIVA MIX and Gogoro VIVA XL.

Gogoro Announces Results of Annual General Meeting of Shareholders

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Wednesday, May 31, 2023
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TAIPEI, Taiwan, May 31, 2023 /PRNewswire/ -- Gogoro Inc. ("Gogoro" or the "Company") (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it held its Annual General Meeting of Shareholders ("2023 AGM") on May 30, 2023.

Key Points: 
  • TAIPEI, Taiwan, May 31, 2023 /PRNewswire/ -- Gogoro Inc. ("Gogoro" or the "Company") (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it held its Annual General Meeting of Shareholders ("2023 AGM") on May 30, 2023.
  • Each of the resolutions submitted to the shareholders for approval at the 2023 AGM has been approved.
  • The Directors shall be divided into three (3) classes designated as Class I Directors, Class II Directors and Class III Directors, respectively.
  • If no replacement Class III Directors are appointed in accordance with Article 85, the existing Class III Directors shall be automatically re-appointed for a further term of three (3) years.

Gogoro Expands Partnership with Bikebank's New Dotstation Brand, Launching Smartscooters and Battery Swapping for Consumers in Eight Cities across Korea

Retrieved on: 
Wednesday, May 24, 2023
Manna, GGR, Partnership, Gogoro Smartscooter, City, Growth, Transport, CO2, Mobile phone, Rail transport, Gogoro

SEOUL, South Korea, May 24, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced it was expanding its partnership with Bikebank in Korea. The companies will introduce Gogoro Smartscooters and battery swapping to Korean consumers in Q3 2023 under the Dotstation brand, expanding their battery swapping network to seven additional cities beyond Seoul. Gogoro Smartscooters and battery swapping have been operating in Seoul for food deliveries since 2019.

Key Points: 
  • The companies will introduce Gogoro Smartscooters and battery swapping to Korean consumers in Q3 2023 under the Dotstation brand, expanding their battery swapping network to seven additional cities beyond Seoul.
  • Gogoro Smartscooters and battery swapping have been operating in Seoul for food deliveries since 2019.
  • "Dotstation is expanding Gogoro battery swapping services to eight Korean cities, and we anticipate launching more battery swapping locations this year with a range of vehicles including Gogoro Smartscooters for consumers."
  • With more than 400,000 daily battery swaps and more than 465 million total battery swaps to date, Gogoro Network battery swapping has saved more than 650,000 tons of CO2 since it launched.

Gogoro Releases First Quarter 2023 Financial Results

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Thursday, May 11, 2023
GGR, VPP, PTW, Use, Marketing, Enel X, Aircraft, EBITDA, Investment, Webcast, Virtual power plant, City, Growth, Cryptocurrency, Video game, Renewable energy, Bank, Beauty salon, Gogoro

TAIPEI, Taiwan, May 11, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its first quarter ended March 31, 2023.

Key Points: 
  • TAIPEI, Taiwan, May 11, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its first quarter ended March 31, 2023.
  • For the first quarter, net loss was $40.6 million, up $18.9 million from $21.7 million in the same quarter last year.
  • For the first quarter, adjusted EBITDA1 was $10.6 million, down from $13.5 million in the same quarter last year.
  • Gogoro's management team will hold an earnings Webcast on May 11th, 2023, at 8:00 a.m. Eastern Time to discuss the Company's first quarter 2023 results of operations and outlook.

GOGORO AND ENEL X ACCELERATE TAIWAN'S ENERGY TRANSITION WITH INTEGRATION OF VIRTUAL POWER PLANT AND 2,500 BATTERY SWAPPING STATIONS ACROSS 1,000+ LOCATIONS

Retrieved on: 
Tuesday, April 18, 2023
GGR, VPP, Enel X, Virtual power plant, Energy, The GoStation, Organization, TPC, Enel, City, Transport, Taiwan Power Company, Renewable energy, Gogoro

"We are entering a new era of smart energy infrastructure, and by integrating the Gogoro Network with the Enel X Virtual Power Plant (VPP) in Taiwan we are providing a new energy resource.

Key Points: 
  • "We are entering a new era of smart energy infrastructure, and by integrating the Gogoro Network with the Enel X Virtual Power Plant (VPP) in Taiwan we are providing a new energy resource.
  • Integrating Gogoro Network battery swapping energy into the Enel X VPP in Taiwan has the same effect as bringing new energy generation online to meet energy demand.
  • "Enel X's VPP aggregates Gogoro's battery swapping energy load to contribute to TPC's Energy Trading Platform for ancillary service.
  • Enel X Taiwan has the largest VPP in Taiwan's energy market today[2], managing the largest volume of distributed energy resources in TPC's Energy Trading Platform.

Gogoro Releases Fourth Quarter and Full Year 2022 Financial Results

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Thursday, February 16, 2023
Webcast, Original equipment manufacturer, Government, Jardine Cycle & Carriage, EBITDA, City, Partnership, Growth, GGR, Cryptocurrency, Health care, Film industry, Video game, Fine chemical, Beauty salon, Gogoro

For the fourth quarter, revenue was $95.5 million, down 20.8% year-over-year and down 10.5% year-over-year on a constant currency basis1.

Key Points: 
  • For the fourth quarter, revenue was $95.5 million, down 20.8% year-over-year and down 10.5% year-over-year on a constant currency basis1.
  • For the fourth quarter, net loss was $12.5 million, down $1.7 million from $14.2 million in the same quarter last year.
  • For the fourth quarter, adjusted EBITDA1 was $9.2 million, down from $25.5 million in the same quarter last year.
  • Gogoro's management team will hold an earnings Webcast on February 16th, 2023, at 7:00 a.m. Eastern Time to discuss the Company's fourth quarter and full year for 2022 results of operations and outlook.