Electric scooter maker Gogoro Inc (睿能創意) yesterday said that monthly sales of its battery- powered smart scooter last month hit a new record high at 729 vehicles, securing its top position in the nation’s electric scooter market.
That brought total sales of Gogoro’s smart scooter to more than 2,500 units in Taiwan, Gogoro chief marketing officer Peng Ming-i (彭明義) said in a company statement. Gogoro sold 680 smart scooters in October.
Gogoro has seized a 25.26 percent share of the nation’s electric scooter market, surpassing established scooter brands, according to the latest statistics released by the Ministry of Economic Affairs.
In related news, the company yesterday launched a new promotion to further stimulate sales of its smart scooter.
During the one-month promotion period which runs through Dec. 31, consumers do not have to pay a deposit on smart scooter purchases, or interest on existing car loans, the company said.
Gogoro said that it has also opened new outlets in Taoyuan and Hsinchu, adding that it also increased the number of battery-swapping stations from 85 to 100 in October, mostly in Taipei.
Gogoro said it plans to increase that number to 105 by the end of this year.
As electric scooters are more expensive than gasoline-fueled scooters, Gogoro in October said that it had cut retail prices by more than 20 percent for its premium model to NT$108,000 (US$3,282) per unit, and to NT$98,000 per unit for its standard model.
Gogoro said that it had also launched a more affordable model costing NT$88,000 per unit.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
BIG BUCKS: Chairman Wei is expected to receive NT$34.12 million on a proposed NT$5 cash dividend plan, while the National Development Fund would get NT$8.27 billion Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday announced that its board of directors approved US$15.25 billion in capital appropriations for long-term expansion to meet growing demand. The funds are to be used for installing advanced technology and packaging capacity, expanding mature and specialty technology, and constructing fabs with facility systems, TSMC said in a statement. The board also approved a proposal to distribute a NT$5 cash dividend per share, based on first-quarter earnings per share of NT$13.94, it said. That surpasses the NT$4.50 dividend for the fourth quarter of last year. TSMC has said that while it is eager
Nvidia Corp CEO Jensen Huang (黃仁勳) today announced that his company has selected "Beitou Shilin" in Taipei for its new Taiwan office, called Nvidia Constellation, putting an end to months of speculation. Industry sources have said that the tech giant has been eyeing the Beitou Shilin Science Park as the site of its new overseas headquarters, and speculated that the new headquarters would be built on two plots of land designated as "T17" and "T18," which span 3.89 hectares in the park. "I think it's time for us to reveal one of the largest products we've ever built," Huang said near the
CUSTOMERS’ BURDEN: TSMC already has operations in the US and is a foundry, so any tariff increase would mostly affect US customers, not the company, the minister said Taiwanese manufacturers are “not afraid” of US tariffs, but are concerned about being affected more heavily than regional economic competitors Japan and South Korea, Minister of Economic Affairs J.W. Kuo (郭智輝) said. “Taiwan has many advantages that other countries do not have, the most notable of which is its semiconductor ecosystem,” Kuo said. The US “must rely on Taiwan” to boost its microchip manufacturing capacities, Kuo said in an interview ahead of his one-year anniversary in office tomorrow. Taiwan has submitted a position paper under Section 232 of the US Trade Expansion Act to explain the “complementary relationship” between Taiwan and the US