Sumitomo Corp, a leading integrated trading company and SMFL, one of the world’s premier financial institutions are looking to support Gogoro’s global business expansion while creating new business opportunities for Sumitomo Corporation and SMFL.
TAIPEI, April 29, 2024 /PRNewswire/ — Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced the signing of a non-binding memorandum of understanding (the “MOU”), the first step in establishing a new partnership with Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co., Ltd. (“SMFL”) to accelerate Gogoro’s global business expansion while providing Sumitomo and SMFL with new unique opportunities to expand their mobility business and second life battery use cases using Gogoro Smart Batteries and battery swapping.
“Gogoro’s…