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Gogoro named Henry Chiang CEO in Sept. 2025, boosted cash flow, and plans share consolidation to meet Nasdaq rules.
Gogoro, a global leader in battery-swapping technology for sustainable urban mobility, appointed Henry Chiang as CEO in September 2025 after his interim role since September 2024, during which the company improved operating cash flow to $15.2 million in the first half of 2025 and reduced expenses by $11 million year-over-year.
The company aims to achieve non-IFRS profitability in its energy business by 2026, generate free cash flow from energy operations in 2027, and reach profitability in its vehicle business by 2028.
Gogoro, recognized by Fortune and Frost & Sullivan for innovation in battery swapping, plans a 1-for-20 share consolidation effective October 6, 2025, to meet Nasdaq listing requirements.
On September 16, 2025, director Yin Chung Yao committed to securing NTD$2.5 billion in equity investments by December 31, 2026, to support potential loan facility amendments, though no guarantees are assured.
Gogoro nombró a Henry Chiang CEO en septiembre de 2025, aumentó el flujo de efectivo y planea la consolidación de acciones para cumplir con las reglas de Nasdaq.