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February 20,2025

Castrol Invests $50 Million in Gogoro’s Battery Future in Taiwan

Castrol is investing $50 million in Taiwan-based Gogoro Inc., a leader in swappable batteries for Electric Two-wheelers. The investment, part of Castrol’s ‘Onward, Upward, Forward’ strategy, includes $25 million in ordinary shares and $25 million in convertible notes. This marks Castrol’s entry into new energy.

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