Gogoro is a Taiwan-based electric scooter and battery-swapping network company. Its core product is the Gogoro Network, a subscription-based battery-swapping service for electric two-wheelers. Riders swap depleted batteries for charged ones at GoStation kiosks in seconds, eliminating the need for home charging. Gogoro operates over 2,700 GoStation locations across Taiwan and serves over 665,000 monthly subscribers. Gogoro also designs and sells its own Smartscooter electric scooters, and through its "Powered by Gogoro Network" (PBGN) program, licenses its battery and powertrain technology to OEM partners — including Yamaha — who build their own scooter brands that run on the Gogoro Network. All subscription fees flow back to Gogoro regardless of which brand's scooter a rider uses. Revenue splits roughly between recurring battery-swapping subscriptions (~53%) and hardware sales including scooters, powertrain kits, and GoStation equipment (~47%). The business model is a flywheel: more vehicle sales drive more subscribers, and a denser swapping network makes Gogoro-compatible vehicles more attractive to buyers. The subscription side carries high incremental margins once infrastructure is deployed, while hardware margins are tighter and more cyclical. Taiwan accounts for roughly 95-96% of revenue. Gogoro is expanding internationally, most actively in Vietnam via a joint venture with Castrol, targeting B2B fleet customers ahead of Vietnam's electric vehicle mandates.