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 […]
FCC issues final denial of $885M Starlink subsidy
The FCC has made a final denial of Starlink’s application for $ 885 million in public funds to expand its orbital communications infrastructure to cover parts of rural America, saying the company “failed to demonstrate that it could deliver the promised service.” As previously reported, the money in question was part of the Rural Digital […]