After becoming Taiwan's first unicorn to go public in the US, Gogoro—the electric scooter company known for its sleek design and battery-swapping model—has struggled to maintain investor confidence. The company recently filed to transfer its listing from the Nasdaq Global Select Market to the Nasdaq Capital Market, a move typically seen as a step-down. Though 2025 may have started with a stumble, some in the company's supply chain say the year could yet hold promise.
As the adoption of electric vehicles (EVs) continues to rise across China, long-distance charging remains a key concern for many drivers. In response, Chinese authorities are ramping up efforts to expand high-powered charging infrastructure nationwide, aiming to usher in a new era where EVs can charge as quickly and conveniently as refueling gasoline cars—a goal the government has dubbed—charge and go, driving at the speed of gas.
As electric vehicle adoption steadily climbs across Taiwan, the role of charging infrastructure is undergoing a rapid transformation. Taiwanese charging station manufacturers, once locked in a battle of equipment specifications emphasizing "fast charging and high power," are now expanding their focus to encompass broader software integration, intelligent operations, and energy management systems.
Gotion High-Tech, one of China's leading lithium battery manufacturers, has suspended operations at its Michigan factory, marking the latest setback in its troubled attempt to establish a foothold in the American electric vehicle supply chain.
In a decisive move to restore order in its rapidly evolving electric vehicle (EV) market, China's government has introduced a wave of new regulations targeting both the software and hardware sides of the industry. The crackdown spans exaggerated claims in autonomous driving and what experts are calling the country's most stringent lithium battery safety standards to date.
Gotion High-Tech, one of China's top lithium battery manufacturers, had positioned itself as a trailblazer among Chinese companies expanding into the US market. However, the company's foray into America has not been without hurdles. Recently, reports from international media revealed that operations at its US factory have been halted. In response, Gotion stated that its projects in Illinois are still progressing steadily.
