Honda Takes Over Gachaco
Gachaco has been all Honda-driven till now. It makes sense then that it is now a subsidiary of Honda with Suzuki and Yamaha also investing fresh capital.
Live signals: ZENO RAISED USD 25m Series-A (Mar 26); SPIRO RAISED USD 270m (June/July 26); ARC RIDE RAISED USD 23m Series A Equity + USD 10.3m Debt (Sep26); OLA PLANS INR 1.5bn QIP; YULU USD 93m (Aug 26); E3ELECTRIC.AI RAISED USD 10.4m (Jul 26); RIVER RAISED USD120m (Aug 26); SIMPLE ENERGY RAISED USD 13.5m Series B Equity + USD 13.1m Debt (Jun 26); DODAI RAISED USD 13m Series A (May 26); MATTER RAISED USD 25m (Aug 26); BGAUSS RAISED INR 1100m (Aug 26); ROAM TARGETS USD 15-20m; DAT BIKE RAISED USD 22m (Oct 25); OMOWAY Undisclosed (10s of millions of USD)(Jan 26)
Gachaco has been all Honda-driven till now. It makes sense then that it is now a subsidiary of Honda with Suzuki and Yamaha also investing fresh capital.
With the Jog E, Yamaha rolls out its first scooter on the Gachaco network. It's a Honda under the skin and that's okay.
Gogoro plunged into a crisis due to the Taiwanese government's enquiry into its claimed local sourcing of motor controllers on the Viva model. The Founder-CEO has resigned...