Welcome to our dedicated page for Gogoro news (Ticker: GGR), a resource for investors and traders seeking the latest updates and insights on Gogoro stock.
Gogoro Inc (GGR) pioneers smart energy ecosystems transforming urban transportation through its innovative battery-swapping technology for electric vehicles. This news hub delivers essential updates on Gogoro’s strategic partnerships, technological advancements, and market expansion efforts in the sustainable mobility sector.
Access real-time announcements covering product launches, infrastructure developments, financial results, and sustainability initiatives. Investors will find critical updates on Gogoro’s swappable battery network growth, AI-driven energy management systems, and international market entries across Asia and beyond.
Our curated news collection features earnings reports, executive insights, and analysis of Gogoro’s unique business model combining hardware innovation with subscription-based energy services. Stay informed about regulatory developments impacting battery standardization and urban EV adoption trends.
Bookmark this page for streamlined access to verified updates on Gogoro’s GoStations expansion, smart scooter deployments, and cross-industry collaborations shaping the future of clean transportation. Check regularly for authoritative coverage of milestones in electric two-wheeler adoption and grid-integrated energy solutions.
Terpel and Gogoro have launched a two-wheel battery swapping and Smartscooter initiative in Bogota, Colombia. The launch includes four GoStations, with plans to expand to 14 by the end of 2024 and further into other Colombian cities.
This initiative aims to accelerate sustainable transportation in Colombia with Gogoro's Swap & Go battery-swapping technology, which has already facilitated 590 million battery swaps globally. The Gogoro 2 Plus and Gogoro VIVA Mix Smartscooters are part of this launch, marketed by Motored, a prominent two-wheel distributor in Colombia.
Gogoro's interoperable battery swapping platform supports over 600,000 riders in Taiwan and has saved more than 870,750 tons of CO2 since 2015. This collaboration aims to contribute to Colombia's decarbonization goals.
Gogoro Inc. released its first quarter 2024 financial results, reporting revenue of $69.7 million, down 12.1% year-over-year. While battery swapping service revenue increased slightly, sales of hardware and other revenues declined. The introduction of Gogoro Pulse and JEGO generated strong interest, with over 5,000 backlog orders. Gross margin decreased, leading to a net loss of $13.1 million. Adjusted EBITDA was $9.0 million. The company plans to continue its expansion in Taiwan and India, with a positive outlook for 2024 revenue.
Sumitomo , Sumitomo Mitsui Finance and Leasing Co., (SMFL), and Gogoro Inc. (Nasdaq: GGR) are exploring a partnership to accelerate Gogoro's global business expansion. The signing of a non-binding memorandum of understanding marks the first step in this collaboration. The partnership aims to leverage Gogoro's innovative battery-swapping ecosystems to drive sustainable mobility solutions for cities while creating new business opportunities for Sumitomo and SMFL. Gogoro's smart batteries and battery swapping technology will be utilized to expand the mobility business and second life battery use cases for the involved parties. This partnership signifies a shared vision to advance sustainable energy and transportation in densely populated cities worldwide.
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