Gogoro Inc.

# Gogoro Inc. (GGROW)

Founded in 2011 and headquartered in Taipei, Taiwan, Gogoro designs and manufactures electric scooters and bicycles alongside battery swapping infrastructure. The company's core offering centers on its proprietary battery swapping platform, which allows users to exchange depleted batteries for fully charged ones at designated stations rather than relying on plug-in charging. This model encompasses hardware components including Gogoro Smart Batteries and GoStation charging stations, along with supporting software systems for battery management and network operations.

The company generates revenue through multiple streams, including direct sales of electric scooters and bikes, battery swapping services accessible through its Swap & Go platform, scooter-sharing programs, and after-sale service operations. Gogoro also offers its battery swapping technology and consulting services to third parties. The company extends beyond traditional two-wheelers, with the Swap & Go platform now servicing electric-powered four-wheelers.

Gogoro maintains operations across Taiwan, India, and other international markets. The company operates its own manufacturing and distribution infrastructure while building out the network infrastructure required to support its battery-swapping ecosystem. Geographic expansion efforts reflect the broader Asia-Pacific focus, with Taiwan remaining the primary market base. The company serves both individual consumers and commercial fleet operators through its various service offerings.