Gogoro Inc. · NASDAQ:GGR
Gogoro — SPAC Merger (March 2022)
12 slides from Gogoro's SPAC merger presentation, Mar 21, 2022
Slide 1: Business Update March 2022
Gogoro® © 2022 Gogoro® © 2022 Business Update March 2022
Slide 2: Disclaimer
Gogoro® © 2022 Gogoro® © 2022 2 Disclaimer Forward Looking Statements: This communication contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (“Securities Act”), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (
Slide 3: CEO message from Horace Luke
Gogoro® © 2022 Gogoro® © 2022 “With leading partnerships, innovative technologies and successful commercialization, Gogoro is well positioned to be a catalyst for the electric transition of more than a half billion two-wheel vehicles in Asia. In 2021, we continued to strengthen our leadership positi
Slide 4: CFO message from Bruce Aitken
Gogoro® © 2022 Gogoro® © 2022 “Despite the challenges of a global pandemic and all the associated impacts on customers, lifestyles, supply chains, and traffic, Gogoro outperformed our forecasted results for 2021*. We’re delivering top-line growth by increasing both our accumulating subscriber base a
Slide 5: Executive Summary
Gogoro® © 2022 Gogoro® © 2022 Gogoro® © 2022 5 Executive Summary Beat 2021 Revenue forecast by ~10%* Q3 & Q4 showed strong MoM growth in sales Covid impact in Q2/Q3 was largely recovered by Q4 Executed to 2021 Plans/Strategies Taiwan market plans delivered ~11% PBGN total Market Share, ~15% in top 3
Slide 6: The world is shifting, we're in the right place at the right time
Gogoro® © 2022 Gogoro® © 2022 6 The world is shifting, we’re in the right place at the right time. Governments engage proactive ePTW policies OEM’s expand ePTW portfolio and channels Increased EV adoption in emerging markets Gogoro - Business Update
Slide 7: Building blocks to execution
Gogoro® © 2022 Gogoro® © 2022 7 Building blocks to execution • Diversified GDK platforms, new segments & price points • 2W & 3W models available; powered by 1, 2, or 4 Gogoro batteries • 1M batteries manufactured End-to-end technology & UX We built our technology and systems from the ground up • 450
Slide 8: 2021 Partnership Highlights
Gogoro® © 2022 Gogoro® © 2022 8 2021 Business Update 2021 Partnership Highlights Hero+Gogoro Partnering with the world’s largest ICE OEM in India. DCJ+Yadea+Gogoro Partnering with world’s largest ePTW & China’s largest ICE OEM’s Foxconn +Gogoro Partnering with world’s leader in precision electronics
Slide 9: Expansion is well underway
Gogoro® © 2022 Gogoro® © 2022 9 2021 Business Update Expansion is well underway Indonesia partners adopt Gogoro technology 1,000,000 Battery Packs Produced Gogoro Network LIVE in 3 cities in China 10 OEMs 47 SKUs One Platform
Slide 10: Our progress is breaking through
Gogoro® © 2022 Gogoro® © 2022 10 2021 Business Update Our progress is breaking through. CNBC Asia on PIPE with Hero and Engine No. 1 Hero’s partner Gogoro wants more OEM’s onboard, in talks with Foxconn for battery production Gogoro has signed MOU with Indonesian EV company Electrum founded by Gojek
Slide 11: Gogoro 2022 Macro Priorities
Gogoro® © 2022 Gogoro® © 2022 11 2021 Business Update Gogoro 2022 Macro Priorities Vehicles + Hardware Achieved via: Coverage (Channel Expansion) Include traditional scooter retail channel Penetration (Enlarged prospect pool) Via exciting engagement opportunities Increase B2B/B2G (Enterprise Sales)
Slide 12: 2022 Revenue Forecast
Gogoro® © 2022 Gogoro® © 2022 12 2021 Business Update 2022 Revenue Forecast 439 364 369 500 2019 2020 2021 2022 Gogoro Total Revenue ~10% 2021 $500M ~10%* Expected Revenue $327M Revenue Forecast Revenue Forecast 2022 2021 ( Millions USD ) *2021 Financial audit not completed, figures subject to adjus