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.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
RSS