2024-02-03 05:55:29 ET
Summary
- Gogoro has announced plans to set foot in Latin America through a partnership with Copec.
- The details about the deal are few and I don’t have high hopes considering Gogoro has failed in its expansion plans for Europe and Asia.
- In addition, I expect 2024 to be underwhelming for the company due to a price war in the scooter market in Taiwan.
Introduction
On February 1, I stumbled upon an article on CleanTechnica about the Latin American expansion plans of Taiwanese electric scooter firm Gogoro ( GGR ). I’ve written a total of four articles on SA about the company, the latest of which in March 2023 when I said that Gogoro was behind on its growth plans and that it was likely to be in the red for the year....
Read the full article on Seeking Alpha
For further details see:
Gogoro: Forget Latam, It's Only Big In Taiwan