![Taiwan's 'baby Tesla' of scooters heads to Wall Street](https://cdn.cnn.com/cnnnext/dam/assets/220405004102-gogoro-file-03262018-super-tease.jpg)
Taiwan's 'baby Tesla' of scooters heads to Wall Street
CNN
Gogoro, a Taiwanese electric scooter startup that's backed by Al Gore and one of Apple's biggest suppliers, is about to have its day on Wall Street.
The company will debut on the Nasdaq on Tuesday after merging with a special purpose acquisition company, Poema Global (PPGH). The deal values the vehicle maker at about $2.35 billion. That's more than triple its last disclosed valuation of $800 million in September 2017.
The Taipei-based firm has raised at least $335 million in cash through the deal, which closed Monday, and will begin trading under ticker symbol "GGR."
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At least 1 dead and several injured after a private jet crashed into another upon arrival in Arizona
At least one person is dead and several injured after a midsized business jet crashed into another jet as it arrived at Scottsdale Municipal Airport in Arizona Monday afternoon.
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The Trump administration’s dismantling of the US Agency for International Development (USAID) and its sweeping freeze on foreign assistance has made it more difficult to track potential misuse of US taxpayer-funded humanitarian assistance, meaning it could end up unintentionally going to terrorist groups, according to a new report from the agency’s independent watchdog.
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California man finds 525-pound animal under his home after Los Angeles fires. The bear goes by Barry
A Southern California man returned home after evacuating last month’s devastating Los Angeles-area wildfires to discover an unexpected resident lurking beneath it.