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SEOUL, SOUTH KOREA | August 27, 2019

GOGORO CONTINUES GLOBAL EXPANSION WITH THE INTRODUCTION OF A SUSTAINABLE MOBILITY SOLUTION FOR SOUTH KOREAN BUSINESS

Gogoro Ecosystem Introduces Advanced Battery Swapping and Vehicle Reliability for Delivery Fleets, Providing New Operational Efficiencies For Businesses in Seoul.

Gogoro®, a technology leader transforming how innovation is accelerating the shift to sustainable urban mobility, today announced an important step forward in its vision to enable cleaner, smarter cities, by partnering with TIC Corporation in South Korea to bring Gogoro’s business focused Smartscooter, the Gogoro 2 Utility, and its battery swapping system to Seoul.

“Seoul, like most of the world’s major cities, is at a tipping point and in desperate need of sustainable transportation solutions, not just for consumers but for businesses,” said Horace Luke, founder and CEO, Gogoro Inc. “The entire Gogoro ecosystem offers businesses a path forward that is sustainable, scalable and proven.”

Korea requires a sustainable mobility solution for logistics and delivery fleets that not only achieve the best alternative to gas-powered vehicles but one that is well suited to the specific segment needs of the delivery industry. The Gogoro Ecosystem combines the greatest vehicle optimization and reliability for businesses while providing the easiest and most sophisticated battery swapping refueling system that enables logistics and delivery companies to manage their fleets and deliveries more efficiently.

Through Gogoro’s partner TIC, Korean businesses are now able to purchase the Gogoro 2 Utility and provide their employees with fast and convenient access to battery swapping stations.

About Gogoro

Founded in 2011, Gogoro is putting energy into things that matter. With a mission to deliver consumer innovations that will improve how the world’s most populated cities distribute and utilize energy, the company is enabling the transformation of megacities into smart cities. Gogoro is working toward a better future by putting power in the hands of everyone – to move us all forward, faster.