Gogoro Inc

Gogoro, Inc. engages in the provision of electric scooter and related hardware and battery swapping and energy services. It offers Gogoro S1, Gogoro SuperSport, 2 Series, Gogoro VIVA, and Gogoro VIVA MIX.The company was founded by Horace Luke and Matt Taylor and is headquartered in Taipei, Taiwan.

Earnings data Q1 2024

Gogoro reports Q1 earnings, emphasizes international expansion amid Taiwan challenges

Gogoro Inc. reported Q1 revenues, highlighted challenges in Taiwan, and detailed international expansion plans. Despite facing challenges in the Taiwan market, the company remains optimistic about its market share and sustainability impact. Gogoro's focus on user experience, partnerships, and technological innovation positions it well for future growth.

Gogoro reports increased Q2 earnings, eyes international expansion and partnerships

Gogoro's Q2 2023 performance showed positive results with increased gross margin and adjusted EBITDA, despite challenges in Taiwan sales. The company is focusing on sustainability, expanding internationally, and exploring new revenue opportunities through partnerships and battery pack utilization.

Gogoro reports robust Q3 performance and eyes global expansion

Gogoro's Q3 2023 earnings call highlighted strong performance, strategic strengths, proactive approach to challenges, and significant growth opportunities. The company's focus on sustainable mobility and global expansion positions it for continued success in the electric vehicle market.

Gogoro Inc. achieves milestones in India and the Philippines

GGR's Q4 2023 earnings call highlighted significant milestones in India and the Philippines, while also addressing market challenges in Taiwan. The company's focus on battery swapping and solid-state battery technology demonstrates a forward-thinking approach and commitment to ongoing innovation. Opportunities in educating about battery swapping and expanding into the battery energy storage market were also emphasized.

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Gogoro says JEGO's initial sales show strongest demand for a Smartscooter since the pandemic began with the majority or pre order customers being first time EV buyers. Gogoro expects to realize the fully-paid JEGO preorder revenue in Q2 2024.

With More Than 6,500 Fully Paid Preorders, Gogoro has Begun Shipping its JEGO Smartscooter in Taiwan

TAIPEI, Taiwan , April 18, 2024 /PRNewswire/ -- Gogoro® Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it will release its financial results for the first quarter 2024 before markets open on May 9, 2024. Gogoro's management team will hold an earnings Webcast at 8:00 a.m.

Gogoro to Announce First Quarter 2024 Financial Results on May 9th at 8 a.m. Eastern Time

Taiwan's leading technology companies introduce clean energy solutions for two-wheel riders including the introduction of 15 new GoStations that use 100-percent clean energy; the introduction of Gogoro's GoShare scooter sharing service, and the expansion of the Gogoro Network in TSMC's headquarters city, Hsinchu City. HSINCHU CITY, Taiwan , April 17, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities and TSMC, a global semiconductor and sustainability leader, today announced three new mobility initiatives in Taiwan to continue their commitment to making Taiwan more clean energy focused.

TSMC and Gogoro Introduce New Sustainable Transportation Initiatives across Taiwan

Gogoro's broadly deployed battery swapping ecosystem together with JEGO's new design, vehicle innovation and aggressive introductory price creates a new market segment in Taiwan. TAIPEI, Taiwan , March 13, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced that its new JEGO Smartscooter has achieved strong sales in its first week on the market.

Gogoro's New JEGO Smartscooter Sees Strong Momentum in First Week of Sales in Taiwan

TAIPEI, Taiwan , March 6, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it will hold its 2024 Annual General Meeting of Shareholders (the "AGM") at Building C, No. 225, Sec. 2, Chang'an E.

Gogoro to Hold Annual General Meeting on May 30, 2024

Gogoro Inc. (GGR) Q4 2023 Earnings Call Transcript

TAIPEI, Taiwan , Feb. 7, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its fourth quarter and twelve months ended December 31, 2023. Fourth Quarter and Full Year 2023 Summary Fourth quarter revenue of $91.5 million, down 4.1% year-over-year and down 2.8% on a constant currency basis; Full year revenue of $349.8 million, down 8.6% year-over-year and down 4.6% on a constant currency basis Fourth quarter battery swapping service revenue of $32.5 million, up 3.7% year-over-year and up 6.0% on a constant currency basis; Full year battery swapping service revenue of $131.8 million, up 8.3% year-over-year and up 13.3% on a constant currency basis Fourth quarter gross margin of 11.0%, down from 15.0% in the same quarter last year.

Gogoro Releases Fourth Quarter and Full Year 2023 Financial Results

Companies to launch Gogoro's Smartscooters and battery swapping for consumers and B2B delivery riders in Chile and Colombia in Q2 2024. SANTIAGO, Chile , Jan. 31, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced it was partnering with leading Latin American energy company, Copec, to launch its battery swapping and Smartscooters in Chile and Colombia in Q2 2024.

Gogoro and Copec to Launch Two-wheel Battery Swapping Ecosystem in Latin America

TAIPEI , Jan. 22, 2024 /PRNewswire/ -- Gogoro® Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it will release its financial results for the quarter and twelve months ended December 31st, 2023, before markets open on February 7, 2024. Gogoro's management team will hold an earnings Webcast at 7:00 a.m.

Gogoro to Announce Fourth Quarter and Full Year 2023 Financial Results on February 7th at 7 a.m. Eastern Time

The partnership in Taiwan began earlier this year and offered Uber Eats couriers discounted Gogoro Smartscooters and battery swapping pricing as well as Uber Eats incentives for adopting clean modes of deliveries. TAIPEI, Taiwan , Dec. 18, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities and Uber Eats Taiwan, today announced a Green Delivery Program that will make it easier and more affordable for Uber Eats delivery partners to switch to electric scooters.

Uber Eats Teams Up with Gogoro in Taiwan for Green Delivery Program Worth Nearly $30M

Gogoro opens battery swapping network in Delhi and Goa with plans to expand to Mumbai and Pune Maharashtra in the first half of 2024. Gogoro introduces Gogoro CrossOver GX250, CrossOver 50 and CrossOver S.

Gogoro Launches Battery Swapping Ecosystem in India and Unveils India-made CrossOver Smartscooter

Manila residents can now purchase or preorder a range of Gogoro Smartscooters and access Gogoro battery swapping across the city's metro area. MANILA, Philippines , Dec. 1, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced the commercial launch and availability of its Smartscooters and battery swapping ecosystem in Manila, the Capital of the Philippines.

Gogoro Launches Smartscooters and Battery Swapping in the Philippines

SIDBI recognition makes specific Gogoro vehicles eligible for SIDBI financial programs that are focused on increasing EV penetration in India. SIDBI is the principal financial institution set up in 1990 under an Act of India's Parliament for the promotion, financing, and development of the Micro, Small and Medium Enterprise (MSME) sectors.

Gogoro is First Foreign Two-wheel Vehicle OEM and Battery Swapping Provider to be Recognized by the Small Industries Development Bank of India (SIDBI)

Gogoro Inc. (NASDAQ:GGR ) Q3 2023 Earnings Conference Call November 16, 2023 7:00 AM ET Company Participants Bruce Aitken - Chief Financial Officer Horace Luke - Chief Executive Officer Michael Bowen - ICR, IR Conference Call Participants Operator Welcome to the Gogoro Inc. 2023 Q3 Earnings Call. These sessions will be recorded.

Gogoro Inc. (GGR) Q3 2023 Earnings Call Transcript

TAIPEI, Taiwan , Nov. 16, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its third quarter ended September 30, 2023. Third Quarter 2023 Summary Revenue of $91.8 million, down 10.2% year-over-year and down 6.5% on a constant currency basis; Battery swapping service revenue of $33.6 million, up 10.4% year-over-year and up 14.1% on a constant currency basis; Gross margin of 18.3%, up from 17.4% in the same quarter last year.

Gogoro Releases Third Quarter 2023 Financial Results

Gogoro Riders in Taiwan can now seamlessly and securely lock, unlock and start their Smartscooters® with a simple tap of their iPhone or Apple Watch. Gogoro to integrate Apple Find My Network into specific new Smartscooters® including the new Gogoro CrossOver S in the coming months to allow owners to locate their  Smartscooter via the Find My app.

Gogoro Unveils Scooter Key in Apple Wallet for its Smartscooters®

Gogoro to rollout battery swapping stations to thousands of HPCL retail gas outlets across India in coming years. MUMBAI, India , Nov. 6, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced it had signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd.

HPCL and Gogoro Announce Partnership To Rollout Battery Swapping Across Retail Outlets in India

TAIPEI, Taiwan , Oct. 26, 2023 /PRNewswire/ -- Gogoro® Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it will release its financial results for the quarter ended September 30th, 2023, before markets open on November 16th, 2023. Gogoro's management team will hold an earnings Webcast at 7:00 a.m.

Gogoro to Announce Third Quarter 2023 Financial Results on November 16th at 7 a.m. Eastern Time

Gogoro to also Participate in the MIH Consortium Showcase of the Much- Anticipated Debut of the Project X Concept. TOKYO , Oct. 24, 2023 /PRNewswire/ -- (Japan Mobility Show) – Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it is exhibiting in the MIH Consortium booth at the Japan Mobility Show starting today through Nov 5th.

Gogoro to Demonstrate Battery Swapping, New CrossOver, and MUJI Smartscooters in MIH Booth at Japan Mobility Show 2023

Based on a completely redesigned all-terrain frame, the CrossOver enables increased rigidity while offering a variety of riding and storage capabilities. TAIPEI, Taiwan , Oct. 24, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today introduced the Gogoro CrossOver Smartscooter, the first two-wheel SUV.

Gogoro Introduces First Two-Wheel SUV

MIT Technology Review's new '15 Climate Tech Companies to Watch' list highlights businesses around the world that its editors think could have the greatest potential to substantially reduce greenhouse-gas emissions or  address the threats of global warming. CAMBRIDGE, Mass.

MIT TECHNOLOGY REVIEW RECOGNIZES GOGORO AS A TOP CLIMATE TECH COMPANY TO WATCH

With soft demand, Gogoro's performance remains mediocre. The near-term looks challenging both at home and abroad. GGR does have the capacity to push through.

Gogoro: More Of The Same Challenges, For Now

Gogoro Inc. (NASDAQ:GGR ) Q2 2023 Earnings Conference Call August 10, 2023 8:00 AM ET Company Participants Bruce Aitken - Chief Financial Officer Michael Bowen - ICR Horace Luke - Chief Executive Officer Conference Call Participants Angelina Chen - JPMorgan Operator Welcome to the Gogoro Inc. 2023 Q2 Earnings Call. This session will be recorded.

Gogoro Inc. (GGR) Q2 2023 Earnings Call Transcript

TAIPEI, Taiwan , Aug. 10, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its second quarter ended June 30, 2023. Second Quarter 2023 Summary Revenue of $87.2 million, down 3.8% year-over-year and up 0.2% on a constant currency basis Battery swapping service revenue of $33.3 million, up 9.6% year-over-year and up 14.2% on a constant currency basis Gross margin of 15.2%, up from 14.0% in the same quarter last year.

Gogoro Releases Second Quarter 2023 Financial Results

The Vehicle, Merchandise and Accessories Collaboration is part of Gogoro and MUJI's Joint "Recycling for Good" Sustainability Initiative that Enables the Public to Recycle Polypropylene Plastic (PP) Waste for use  in the new Gogoro MUJI Smartscooters. TAIPEI , July 31, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a collaboration with Japanese designer Naoto Fukasawa and MUJI, the Tokyo-based consumer goods and lifestyle company.

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