Taiwanese e-scooter giant Gogoro faces subsidy fraud allegations

Taiwanese e-scooter giant Gogoro faces subsidy fraud allegations

FILE PHOTO: Riders stop in front of a battery-swapping station by Taiwanese electric scooter maker Gogoro Inc in Taipei, Taiwan April 19, 2022. REUTERS/Annabelle Chih/File Photo

Taiwan’s Gogoro Inc, an electric scooter and energy-swapping giant backed by conglomerate Ruentex Group, is embroiled in an alleged subsidy fraud for using mainland China-made components instead of locally-produced parts in some of its products.

Edited by: Joymitra Rai