Gojek Pours Investment to Gogoro Through PIPE, Ready for Electric Motorcycle Trial

Gojek announced a strategic partnership with Gogoro, a global technology company in the battery swap ecosystem, to accelerate the adoption of electric vehicles in Indonesia. This partnership covers two areas, GoTo Group's investment in Gogoro through the Private Investment in Public Equity (PIPE); and cooperation between Gojek, Gogoro, and Pertamina through a battery swap pilot scheme and a Gogoro Smartscooter vehicle trial in Jakarta.

Gogogro's Founder & CEO, Horace Luke said, one of today's biggest challenges in Indonesia and around the world is the effort to transform urban transportation into a new generation of transportation modes that utilize electric motors that are smart, sustainable, and accessible and accepted by the wider community.