Gogoro Inc. announced the appointment of Henry Chiang as its official Chief Executive Officer, effective immediately. Chiang had been serving as interim CEO since September 2024, and his formal appointment provides leadership stability for the company.
Under Chiang's interim leadership, Gogoro demonstrated significant financial improvements, with operating cash flow increasing from $4.8 million in the first half of 2024 to $15.2 million in the first half of 2025. Operating expenses also decreased by approximately $11 million year-over-year.
Chiang reaffirmed the company's profitability targets, aiming for the energy business to achieve non-IFRS profitability by 2026, generate positive free cash flow from energy operations by 2027, and for the vehicle business to reach non-IFRS profitability by 2028. He also highlighted the launch of three new vehicles in 2025: the Pulse STARLUX, EZZY, and EZZY 500.
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