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GGR

Gogoro Inc.

https://www.gogoro.com

Industry

Auto - Parts

Gogoro Inc. manufactures two-wheeled electric vehicle. The company offers two-wheeled electric scooter that provides cloud connectivity and electric powertrain that utilizes swappable battery infrastructure for gathering, analyzing, and sharing riding data through a mobile application on the rider's smartphone. It also operates battery swapping infrastructure network for electric vehicles that can be deployed across the cities to provide portable power through battery vending machines. Gogoro Inc. has a strategic partnership with Foxconn Electronics Inc. The company was founded in 2011 and is based in Taoyuan City, Taiwan.

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Gogoro shares are rising following the announcement of the commercial availability of its battery swapping and Smartscooters in the Kathmandu Valley, in partnership with Nebula Energy.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:04 pm

Gogoro Inc and Nebula Energy announced the launch of Gogoro's battery swapping and Smartscooters in Kathmandu Valley, set for October 2024. This includes two new Smartscooters and 45 battery swapping stations, following a successful pilot program.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 9:03 am

Benchmark analyst Fawne Jiang has downgraded Gogoro (NASDAQ:GGR) from Buy to Hold, indicating a change in the investment outlook for the company.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 1:09 pm

Titan Machinery, Precigen, Gogoro, and other major stocks experienced significant declines in Thursday's pre-market session. Titan Machinery reported weak preliminary Q2 results, leading to a 26.9% drop in its share price. Precigen, Gogoro, Snowflake, National Health Investors, Arcutis Biotherapeutics, EHang Holdings, and Emergent BioSolutions also saw notable declines.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 12:11 pm

Gogoro has lowered its FY24 revenue outlook to $320M-$345M from the previous $385M-$420M, with more than 95% of the revenue expected to be Taiwan-based.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 10:11 am

Gogoro (NASDAQ:GGR) reported a Q2 EPS of $(0.08), a significant decline from $(0.02) YoY, and sales of $80.94M, down 7.22% from $87.25M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 10:06 am

Gogoro Inc. (NASDAQ:GGR) has partnered with Cycle & Carriage to launch its battery-swapping Smartscooters in Singapore by Q4 2024. The initiative, which has received certification from Singapore's Land Transport Authority, includes a partnership with Shell Recharge to set up battery swapping GoStations at Shell service stations. A successful pilot with foodpanda has shown positive results, paving the way for commercial operations.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:02 am

Gogoro shares are trading higher after the company announced that it received a $50 million investment from Castrol.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 5:30 pm

Castrol, part of the bp group, is investing $50 million in Gogoro Inc. (NASDAQ:GGR) to advance battery swapping technology for electric two-wheelers. The investment will be made in two tranches, with the first $25 million acquiring 5.72% of Gogoro's shares and the second $25 million in a convertible note. This strategic move aligns with Castrol's new diversification strategy.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 10:02 am

Gold Sino Assets Limited is investing $50 million into Gogoro Inc. (NASDAQ:GGR) to support its expansion in smart urban mobility and battery-swapping ecosystems.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 10:04 am

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