Castrol, a global leader in lubricants and part of the bp group, today announced an investment of up to US$50 million in Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable smart mobility solutions for cities.

Gogoro today announced an agreement for a $50 million investment from Gold Sino Assets Limited to continue its leadership in urban battery swapping ecosystems and smart mobility innovation.

Gogoro's battery-swapping system and Smartscooters launched today in Bogotá, Colombia, through the Terpel Voltex brand to accelerate the shift to two-wheel sustainable transportation in Colombia and across Latin America.

Gogoro Inc. today released its financial results for its first quarter ended March 31, 2024

Gogoro announced the signing of a non-binding memorandum of understanding (the “MOU”), marking the first step in establishing a new partnership with Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co., Ltd. (“SMFL”) to accelerate Gogoro’s global business expansion.

Gogoro has launched its Gogoro Battery Swapping service and introduced the Gogoro CrossOver GX250 Smartscooter in Nepal in collaboration with Nebula Energy, the authorized and exclusive partner of Gogoro. This initiative aims to accelerate the electric transformation of Nepal’s two-wheel transportation industry.

Gogoro has begun the delivery of the new JEGO Smartscooter in Taiwan, exceeding 6,500 fully-paid pre-orders, with the majority of pre-order customers being first-time EV buyers.

Gogoro and TSMC announced three new mobility initiatives in Taiwan to continue their commitment to making Taiwan more clean energy focused.