Company: GGR
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001886190-25-000017
Chunk: 79

Company: Gogoro Inc.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 4
Chunk 79
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ing for Future Growth. The growth in demand for both customer-facing and behind-the-meter energy solutions is accelerating in Taiwan and globally. We see a rapidly evolving market with significant potential, and we are strategically expanding our investments to maximize the value of our extensive battery fleet. Several of these solutions are already commercially deployed, while others are undergoing pilot testing with TaiPower. By the second half of 2025, we are on track to achieve full certification for our energy storage and peak shaving products, reinforcing our leadership in the industry.

Gogoro Ecosystem

Our battery swapping technology comprises an interoperable platform that seamlessly integrates a comprehensive ecosystem of hardware, software, and services. From Smart Batteries, swapping stations and a cloud-based network management system, to ready-made smart ePTWs, apps, and enabling kits for partner-developed PBGN ePTWs, the entire Gogoro ecosystem is connected by a widely accessible network. Together, they support a diverse range of vehicles and mobility services powered by a common battery swapping solution. With Gogoro technology, riders of different PBGN vehicle brands, delivery fleets, and sharing services can all rely on the Gogoro Network™ to refuel in seconds.

Additionally, we provide powerful backend capabilities with a suite of SaaS solutions for both ePTW manufacturers and Gogoro Network™ providers that integrate with the platform to help them streamline their operations and optimize service delivery. We believe that deep connectivity between all touchpoints within the ecosystem is our central advantage, ensuring battery swapping can achieve the greatest efficiency, scalability, and above all else, deliver a superior user experience tailored to regional partners and their customer’s needs.

Together, our systems provide an open, robust, and turn-key platform for OEM partners to quickly transition and scale their ePTW portfolios while supporting policymakers in moving their PTW markets toward cleaner, more sustainable, and safer energy options. Gogoro provides the comprehensive solutions needed to drive the speed, economics, product diversity, and rider satisfaction required for OEMs and urban centers to shift their PTW fleets to electric and reach their carbon-reduction goals faster.

We continue to be recognized for our efforts - in 2024, we were recognized by MIT Technology Review with the honor of being one of the Top 15 Climate Companies globally to watch for the second year in a row. We were also recognized by Frost & Sullivan as 2024 Global Company of the Year for our leading battery swapping for E2W, and our ride-share business, GoShare, was recognized as Asia-Pacific Entrepreneur