The latest announcement is out from Gogoro ( (GGR) ).
On February 17, 2025, Gogoro Inc. and Castrol Holdings announced the establishment of a joint venture in Vietnam, focusing on the distribution of electric two-wheelers and battery swapping services. This strategic partnership is part of a broader collaboration, including a significant investment by Castrol Holdings and amendments to previous agreements, which could enhance Gogoro’s market presence and operational capabilities in the region.
More about Gogoro
Gogoro Inc. operates in the electric vehicle industry, specializing in electric two-wheelers and associated technologies like battery swapping. The company focuses on expanding its market reach through strategic partnerships, as evidenced by its recent joint venture efforts.
YTD Price Performance: -6.88%
Average Trading Volume: 645,708
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $131.9M
For an in-depth examination of GGR stock, go to TipRanks’ Stock Analysis page.