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Gogoro Inc. (Nasdaq: GGR) is a pioneering company focused on overcoming the barriers to electric fuel adoption and enabling urban riders to easily access swappable electric power. Founded in 2011, Gogoro has developed a sophisticated battery swapping technology that integrates a comprehensive ecosystem of hardware, software, and services. This ecosystem includes Gogoro Smart Batteries, GoStations, Gogoro Network Software & Battery Management Systems, Smartscooters, and related components and kits.
With its headquarters in Taiwan, Gogoro generates the majority of its revenue from the Taiwanese market but also has a growing presence in other countries. The company aims to revolutionize urban mobility by providing sustainable, smart, and convenient battery swapping solutions. Recognized for its innovation, Gogoro has received accolades like
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TSMC and Gogoro collaborate to introduce sustainable transportation initiatives in Taiwan, including 15 new GoStations powered by 100% clean energy, the launch of Gogoro's GoShare scooter sharing service in Hsinchu City, and the expansion of the Gogoro Network. The companies aim to promote clean energy adoption and sustainable transportation solutions across Taiwan.
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Gogoro Inc. ranks #37 in Fast Company's 'World's Most Innovative Companies of 2024' list and #1 in Asia-Pacific; recognized for its battery swapping ecosystems and urban energy solutions. The company aims to transform urban transportation and promote sustainable mobility.
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Gogoro Inc. (Nasdaq: GGR) introduces the JEGO Smartscooter in Taiwan, achieving impressive sales in its first week. The new design, vehicle innovation, and aggressive pricing have created a new market segment. JEGO sales surpassed previous L1 vehicle sales by eight times for 2024 and tripled year-over-year sales compared to 2023. Gogoro plans to start deliveries by the end of March, aiming to shift the balance of L1 and L3 vehicle sales towards electric two-wheel transportation.
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Gogoro Inc. announces its 2024 Annual General Meeting of Shareholders to be held on May 30, 2024, in Taipei, Taiwan. Shareholders as of March 1, 2024, are eligible to participate. The company provides detailed information on the resolutions, proxy voting, and access to documents on its website and the SEC's website.
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Gogoro Inc. released its financial results for the fourth quarter and twelve months ended December 31, 2023, reporting a fourth-quarter revenue of $91.5 million, down 4.1% year-over-year. The full-year revenue was $349.8 million, down 8.6% year-over-year. The battery swapping service revenue for the full year was $131.8 million, up 8.3% year-over-year. The company's net loss for the full year was $76.9 million, representing a decrease of $22.0 million from the previous year. Adjusted EBITDA for the full year was $44.8 million, representing an increase of $3.6 million from the previous year. The company expects to generate revenue of $385 million to $420 million for the full year 2024.
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Gogoro Inc. (Nasdaq: GGR) partners with Copec to launch battery swapping and Smartscooters in Chile and Colombia in Q2 2024. The partnership aims to provide sustainable urban mobility for consumers and delivery riders, with a focus on battling climate change. The Gogoro Network cloud service ensures optimal Smartscooter and battery performance, with over 450,000 daily battery swaps and more than 535 million total battery swaps to date, saving over 900,000 tons of CO2 since 2015.
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Gogoro Inc. (Nasdaq: GGR) unveils its new flagship Smartscooter, Pulse, featuring unprecedented levels of acceleration and speed. The new aerodynamic design and hyperdrive powertrain enable Pulse to reach 0-50km/h in 3.05 seconds. Qualcomm Technologies' Snapdragon Digital Chassis QWM2290 SoC is utilized in the new flagship Smartscooter, marking a significant collaboration in promoting the transformation of urban transportation.
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Gogoro Inc. (Nasdaq: GGR) will release its financial results for the quarter and twelve months ended December 31st, 2023, on February 7, 2024. The management team will hold an earnings webcast to discuss the company's financial and business results and outlook. The webcast will be available for approximately two weeks after the Q&A session.
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Gogoro Inc. (Nasdaq: GGR) and Uber Eats Taiwan announced a Green Delivery Program worth nearly $30M, aiming to make it easier and more affordable for Uber Eats delivery partners to switch to electric scooters. The two-year partnership will offer discounts on new Gogoro Smartscooters and battery swapping programs, as well as incentives for deliveries on Gogoro Smartscooters, with the goal of doubling EV deliveries in Taiwan by 2025.
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Gogoro Inc. (Nasdaq: GGR) launches battery swapping ecosystem in India, introducing the CrossOver GX250, CrossOver 50, and CrossOver S. The company plans to expand to Mumbai and Pune Maharashtra in the first half of 2024. The India-made CrossOver GX250 offers increased seating space, storage, and ground clearance, catering to the Indian market.
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FAQ
What is the current stock price of Gogoro Ordinary Shares (GGR)?
The current stock price of Gogoro Ordinary Shares (GGR) is $0.484 as of November 21, 2024.
What is the market cap of Gogoro Ordinary Shares (GGR)?
The market cap of Gogoro Ordinary Shares (GGR) is approximately 147.5M.
Gogoro Inc. Ordinary Shares
Nasdaq:GGR
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147.53M
161.90M
39.41%
9.49%
0.99%
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