I noticed people have been speculating about EV plays icw Gojek and Grab.
Gojek and Foxconn are PIPE investors in Gogoro.
Gogoro is Taiwanese tech company that manufactures battery swap stations icw electric scooters. Already partnered with biggest bike manufacturers in India and China to deploy Gogoro's stations and electric scooters in those countries.
Merger with PPGH valued 2.35 billion, PIPE oversubscribed, attractive multiples based on Gogoro's conservative projections.
Gojek has formed a JV with TBS Energi Utama, called Electrum.
Quote
" joint venture, dubbed Electrum, will be involved in battery packaging, battery swap infrastructure and financing for EV ownership."
Gojek's goal is to become carbon neutral by 2030, presumably will use Gogoro's tech.
Gogoro stations, scooters have already been rolled out in Jakarta as pilot project in cooperation with Pertamina.
Just sharing info for possible great EV position, not financial advice (do your DD). Ticker is PPGH.$Poema Global Holdings Corp.(PPGH)$ $Grab Holdings(GRAB)$ $Foxconn Technology Co., Ltd.(FXCOF)$
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