Industry Newsbattery swappingelectrified scootersgogorofleet management
Gogoro Reports Record EBITDA Despite Revenue Decline
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On February 12, 2025, Gogoro reported record full-year adjusted EBITDA of $59.9 million, up from $44.7 million, with operating cash flow tripling to $31.1 million and gross margins rising to 8.3%. Revenue fell 9.4% and hardware revenue dropped 23.3% amid a weak Taiwan scooter market, prompting a strategic pivot to B2B and government fleets, a Vietnam pilot with Castrol, and modular swap station trials by late 2026.
Scoring Rationale
Solid financial improvements and clear strategic pivot; limited sector scope and low relevance to core AI/ML audiences.
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