STOCK TITAN

Gogoro Inc. Ordinary Shares - GGR STOCK NEWS

Welcome to our dedicated page for Gogoro Ordinary Shares news (Ticker: GGR), a resource for investors and traders seeking the latest updates and insights on Gogoro Ordinary Shares stock.

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

Rhea-AI Summary
Gogoro Inc. (Nasdaq: GGR) announced the commercial launch of its Smartscooters and battery swapping ecosystem in Manila, Philippines. The partnership with Ayala, Globe, and 917Ventures aims to address sustainability and transportation challenges in the country. Gogoro's battery swapping system in Taiwan has saved over 770,000 tons of CO2, making it a significant contributor to sustainable mobility solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
none
-
Rhea-AI Summary
Gogoro Inc. (Nasdaq: GGR) has been recognized by the Small Industries Development Bank of India (SIDBI) as an empaneled OEM, making its registered vehicles eligible for SIDBI's EV financing programs. This recognition comes as part of SIDBI's '50K-EV4ECO' mission to foster electric vehicle adoption across India. Gogoro aims to facilitate and accelerate the adoption of electric vehicles (EVs) in India through this collaboration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.94%
Tags
none
-
Rhea-AI Summary
Gogoro Inc. (Nasdaq: GGR) released its Q3 2023 financial results, reporting a revenue of $91.8 million, a 10.2% YoY decrease. Despite this, battery swapping service revenue increased by 10.4% YoY. The company's gross margin improved to 18.3%, and adjusted EBITDA was $13.1 million, up from $9.2 million in the same quarter last year. Gogoro plans to launch commercially in India and the Philippines by the end of the year and introduce new innovative Smartscooters in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
Tags
Rhea-AI Summary
Gogoro Inc. (Nasdaq: GGR) announced the integration of Apple Find My Network into specific new Smartscooters® in Taiwan, allowing riders to lock, unlock, and start their vehicles with their iPhone or Apple Watch. The Scooter Key in Apple Wallet feature delivers enhanced convenience and security, with plans to expand to over 300,000 existing Smartscooter® customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
none
-
Rhea-AI Summary
Gogoro Inc. has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd. (HPCL) to rollout thousands of battery swapping stations across HPCL's retail outlets in India. This partnership aims to develop a broad battery swapping infrastructure for two-wheel vehicles to support India's electric vehicle ecosystem.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
partnership
-
Rhea-AI Summary
Gogoro Inc. will release its financial results for Q3 2023 on November 16th, 2023. The management team will hold an earnings webcast to discuss the company's financial and business results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.09%
Tags
Rhea-AI Summary
Gogoro is participating in the MIH Consortium Showcase at the Japan Mobility Show, where it will demonstrate its battery swapping technology and showcase new products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10%
Tags
none
-
News
Rhea-AI Summary
Gogoro Inc. introduces the Gogoro CrossOver Smartscooter, the first two-wheel SUV. It features a redesigned all-terrain frame, customizable functions, and ample storage options. The CrossOver will be available in Taiwan later this quarter in two models: CrossOver and CrossOver S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.62%
Tags
none
-
Rhea-AI Summary
Gogoro Inc. has been recognized by MIT Technology Review as one of fifteen climate tech companies to watch. Gogoro's battery swapping ecosystems can speed up the move to electrified vehicles and reduce the load on the grid. With nearly 13,000 battery swapping stations and 400,000 daily battery swaps, Gogoro is transforming urban two-wheel transportation to smart electric power.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.72%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags

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

GGR Rankings

GGR Stock Data

147.53M
161.90M
39.41%
9.49%
0.99%
Auto Manufacturers
Consumer Cyclical
Link
United States of America
Taipei