Gates Industrial, Gogoro Partner To Accelerate Sustainable Urban Transportation


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  • Gates Industrial Corp PLC (NYSE:GTES) and Gogoro announced an expanded exclusive partnership to accelerate sustainable urban transportation.
  • As part of the renewed partnership, the parties co-developed FLO DRIVE, a vehicle drivetrain system based on Gates Carbon Drive that will be exclusively available to Powered By Gogoro Network (PBGN) vehicle makers through the Gogoro Development Kit (GDK).
  • "Gogoro's battery swapping platform and robust vehicle ecosystem are unmatched, and this partnership will allow both of us to continue the rapid expansion of electric micromobility," said Ivo Jurek, CEO, Gates.
  • Price Action: GTES shares are trading higher by 1.27% at $16.8 on the last check Tuesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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