Gogoro (GGR) has released an update.
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Gogoro Inc. has undergone internal investigations and management changes after irregularities were found in its supply chain, leading to the incorporation of imported components against Taiwanese subsidy rules. CEO Horace Luke resigned, with Henry Chiang stepping in as interim CEO and Tamon Tseng becoming the new Chairman of the Board. The company is fully cooperating with local authorities and the outcomes of the investigations are currently uncertain.
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