Foxconn and GoTo Group are contributing to a $250m PIPE deal for the Engie, Panasonic and Sumitomo-backed electric scooter system provider’s reverse takeover.
Gogoro, a Taiwan-headquartered electric scooter manufacturer backed by corporate investors Engie, Panasonic and Sumitomo, has agreed to a reverse takeover with special purpose acquisition company Poema Global Holdings Corp.
Founded in 2011, Gogoro provides intelligent electric scooters, mopeds and motorcycles as well as a network of artificial intelligence and cloud-powered battery swapping stations in markets including Taiwan, Japan and India.
The merger is set to close in the first quarter of 2022, and will give Gogoro a pro forma enterprise…
