Foxconn signs Memorandum of Understanding with Gogoro.

Auto Business News-June 24, 2021--Foxconn signs Memorandum of Understanding with Gogoro

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Auto Business News - 24 June 2021

Foxconn, a Taiwan-based electronics manufacturer, has signed a Memorandum of Understanding with Gogoro(R), a technology company involved in sustainable urban mobility, to establish a strategic technology and manufacturing collaboration.

Both firms intend to expedite Gogoro's global expansion by using Foxconn's manufacturing capabilities to launch new levels of manufacturing capabilities and scale for Gogoro battery swapping technologies and Smartscooters. Both companies will start collaborating on multiple projects including smart batteries, vehicle engineering and manufacturing.

Horace Luke, founder and CEO, Gogoro Inc, said, 'As the Gogoro ecosystem continues establishing itself...

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