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BP's Castrol to Invest $50M in Battery-Swapping Leader Gogoro
ZACKS· 2024-06-26 12:51
BP plc’s (BP) subsidiary, Castrol, a global leader in lubricant technology, announced a significant investment of up to $50 million in Gogoro Inc., a global technology leader in battery-swapping ecosystems for smart mobility solutions in urban areas. The investment marks a strategic move for Castrol as it seeks to diversify beyond its traditional lubricants and fluids business.In the first tranche of the investment, Castrol Holdings, an affiliate of Castrol, will invest US$25 million in ordinary shares of G ...
Castrol invests in Gogoro, a two-wheeler battery swapping leader
Prnewswire· 2024-06-25 10:00
LONDON and TAIPEI, Taiwan, June 25, 2024 /PRNewswire/ -- Castrol, a global leader in lubricants and part of the bp group, today announced an investment of up to US$50 million in Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable smart mobility solutions for cities. Castrol In the first tranche of the investment, Castrol Holdings, an affiliate of Castrol, will invest US$25 million in ordinary shares of Gogoro. This investment is expected to be followed by a s ...
Castrol invests in Gogoro, a two-wheeler battery swapping leader
Prnewswire· 2024-06-25 10:00
LONDON and TAIPEI, June 25, 2024 /PRNewswire/ -- Castrol, a global leader in lubricants and part of the bp group, today announced an investment of up to US$50 million in Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable smart mobility solutions for cities.In the first tranche of the investment, Castrol Holdings, an affiliate of Castrol, will invest US$25 million in ordinary shares of Gogoro. This investment is expected to be followed by a second US$25 million i ...
Strategic Profiling of Gogoro: Technology Know-how and Notable Partnerships Unlock Growth Opportunities in Battery-swapping Ecosystems Across Key Two-wheeler Regions
GlobeNewswire News Room· 2024-06-12 13:42
Dublin, June 12, 2024 (GLOBE NEWSWIRE) -- The "Strategic Profiling of Gogoro Inc" report has been added to ResearchAndMarkets.com's offering. Gogoro is a Taiwan-based global leader in the E2W battery-swapping ecosystem. The company's electric two-wheeler (E2W) manufacturing expertise and technological know-how in powertrains and battery swapping technology are key growth drivers in establishing its position in the competitive E2W industry. This analysis investigates Gogoro's journey as an E2W manufacturer, ...
Gold Sino Assets Limited to Invest $50 Million into Gogoro to Continue Expanding its Leadership in Smart Urban Mobility
Prnewswire· 2024-06-03 10:00
With more than 400,000 daily battery swaps and more than 570 million total battery swaps since it launched in 2015, Gogoro has been recognized as a global leader in two-wheel battery swapping. TAIPEI, Taiwan, June 3, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced an agreement for $50 million investment from Gold Sino Assets Limited ("Gold Sino") to continue its leadership in urba ...
Gogoro Announces Results of Annual General Meeting of Shareholders
Prnewswire· 2024-05-31 22:02
TAIPEI, May 31, 2024 /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 ("2024 AGM") on May 30, 2024. Each of the resolutions submitted to the shareholders for approval at the 2024 AGM has been approved. Specifically, the shareholders of the Company passed and approved by special resolutions that: 1. Mr. C ...
Terpel and Gogoro Launch Two-wheel Battery Swapping and Smartscooters in Colombia
Prnewswire· 2024-05-31 11:00
"Gogoro and Terpel share a common vision for accelerating the shift to two-wheel sustainable transportation in Colombia and across Latin America. Gogoro Swap & Go battery swapping addresses many of the challenges that traditional plug-in charging presents," said Horace Luke, founder and CEO of Gogoro. "With 590 million battery swaps to date and more than 400,000 battery swaps per day, Gogoro Battery Swapping has demonstrated that it is safe, reliable and the ideal choice for two-wheel urban transportation i ...
Gogoro(GGR) - 2024 Q1 - Earnings Call Transcript
2024-05-10 17:16
Gogoro Inc. (NASDAQ:GGR) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET Company Participants Annie Liao - Investor Relations Horace Luke - Chief Executive Officer Bruce Aitken - Chief Financial Officer Conference Call Participants Fawne Jiang - The Benchmark Company Angelina Chen - JPM Operator Welcome to the Gogoro Inc. 2024 Q1 Earnings Call. This conference call is now being recorded, and broadcasted live over the internet. Webcast replay will be available within an hour after the conference is f ...
Gogoro(GGR) - 2024 Q1 - Earnings Call Presentation
2024-05-09 19:38
gogolo Q1 2024 Investor Presentation MAY 9, 2024 Horace Luke Founder, CEO and Chairman Bruce Aitken Chief Financial Officer Gogoro ® Q1 2024 – Investor Presentation 2 DISCLAIMER Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as aminded, and Section 21E of the Securities Exchange Forward-looking statements generally relate to future events or Gogoro's future financial or operating performance. In some cases, yo ...
Gogoro(GGR) - 2024 Q1 - Quarterly Report
2024-05-09 10:06
Exhibit 99.1 Gogoro Releases First Quarter 2024 Financial Results TAIPEI, TAIWAN, MAY 9, 2024 – Gogoro Inc. ("Gogoro," "the Company" or "We") (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, 2024. First Quarter 2024 Summary ▪ Revenue of $69.7 million, down 12.1% year-over-year and down 9.0% on a constant currency basis. ▪ Battery swapping service revenue o ...