TAIPEI : Taiwanese electric scooter maker Gogoro Inc is delaying its expansion plans in China due to geopolitical and economic uncertainty there and putting more focus on India and Indonesia, its chief financial officer told Reuters on Friday.
Gogoro's CFO Bruce Aitken said that while almost all their revenue was currently generated in Taiwan, they are looking to diversify internationally, with the biggest market for two-wheelers being China, India and Indonesia. "We're taking an optimistic but cautionary kind of a perspective with regards to a further roll out in China as a result of the current situation there.""India and Indonesia therefore become very appealing marketplaces."
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