News: NDF to Invest in Gogoro

In view of the company’s innovations in business design and technology advancement, the National Development Fund (NDF) has agreed to invest US$30 million in electric scooter maker Gogoro for further business expansion in the overseas markets, the Taipei Times has reported.

According to the news report, National Development Council Vice Minister Lin Huan said that Gogoro is not simply a manufacturer of electric scooters. It is a provider of smart energy solutions. Moreover, all Gogoro’s vehicles were designed and manufactured in Taiwan, which would help drive the business of its supply chains in Taiwan.

Sources: Taipei Times & National Development Fund (NDF)

 

 

 

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