Gogoro(US:GGR) GlobeNewswire News Roomยท2024-09-19 20:00Core Viewpoint - Gogoro Inc. is under investigation for allegedly incorporating imported components into its electric scooters, violating Taiwan's domestic production requirements for subsidy eligibility [2] Investigation Details - Gogoro filed a Form 6-K with the SEC on September 13, 2024, revealing internal investigations into allegations of using imported components in violation of Taiwan's regulations [2] - The company identified irregularities in its supply chain that led to the inadvertent incorporation of these components and has reported these issues to local authorities while cooperating with ongoing investigations [2] - Following the announcement, Gogoro's stock experienced a decline of 5.2% on September 13, 2024, and an additional 11% on September 16, 2024 [2] Leadership Changes - In response to the investigation, CEO Horace Luke resigned from his positions as CEO, Chairman of the Board, and Director effective September 13, 2024, to demonstrate the company's commitment to cooperating with authorities [2]