Foxconn and GoTo Group are contributing to a $250m PIPE deal for the Engie, Panasonic and Sumitomo-backed electric scooter system provider’s reverse takeover.

Gogoro, a Taiwan-headquartered electric scooter manufacturer backed by corporate investors Engie, Panasonic and Sumitomo, has agreed to a reverse takeover with special purpose acquisition company Poema Global Holdings Corp. Founded in 2011, Gogoro provides intelligent electric scooters, mopeds and motorcycles as well as a network of artificial intelligence and cloud-powered battery swapping stations in markets…

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