TAIPEI -- Taiwan's Gogoro, a leading battery-swapping electric scooter maker, announced on Thursday that it will merge with a special purpose acquisition company (SPAC) in a $2.35 billion deal to list in New York by early 2022 as it continues to ride the global clean energy wave.
Gogoro is one of Taiwan's most valuable startups and counts the National Development Fund, a government funding vehicle, and Temasek, Singapore's sovereign wealth fund, as investors. It said at a news conference that it will merge with Poema Global Holdings, the SPAC, in a deal that will put Gogoro's valuation at $2.35 billion.
