electric scooters

Infinite Machine raises $9M a16z-led round to convince Americans to buy scooters

Infinite Machine turned many heads when it revealed its metallic, cyberpunk-style electric scooter in 2023. Now one of Silicon Valley’s biggest venture capital firms is backing the startup’s vision of filling the world’s cities with Infinite Machine’s futuristic vehicles in a big way.  The New York-based startup has closed a $9 million seed round led […]

Infinite Machine raises $9M a16z-led round to convince Americans to buy scooters Read More »

Gogoro CEO resigns as subsidy fraud investigation continues

Gogoro, the Taiwanese electric scooter manufacturer and battery swapping giant, said its CEO and chairman Horace Luke has stepped down amid subsidy fraud allegations, according to a regulatory filing. Gogoro allegedly used Chinese parts for e-scooters to reduce manufacturing costs, despite reporting that it used locally made parts to qualify for government subsidies. In a

Gogoro CEO resigns as subsidy fraud investigation continues Read More »