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CES 2015, Las Vegas – I love this time of year.
While wandering the halls of the Consumer Electronics Show (CES) in Las Vegas, what gets us the most juiced is finding the odd and unexpected – but also potentially hugely profitable.
Like the Gogoro Smartscooter, for example.
The Gogoro Smartscooter is not only the coolest electric scooter I've ever seen – it will also introduce what I believe will become the world's de facto battery-sharing ecosystem.
We certainly didn't foresee Gogoro Inc.'s electric scooter powered by "swappable" batteries instead of charging stations. These swappable batteries have NFC authentication, 256-bit encryption (to deter theft and fraud), and smart circuitry.
These Smartscooters are going to be enormous in the developing world's "megacities," where most folks get around on two wheels instead of four. And I wouldn't be surprised to see techies tooling around on them in San Francisco, Silicon Valley, and beyond in the coming years – they look smart, and the company's founders promise they'll be affordable.
Gogoro is a Taiwan-based startup led by Chief Executive Officer Horace Luke – a guy who's enthusiasm and smarts are amazing. Luke and his Chief Technology Officer, Matt Taylor, have raised just $150 million in venture capital so far. I expect that VC figure to soar once everybody sees these guys in action at CES.
Money Morning Readers: Stay tuned for more important CES 2015 updates from Michael.
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About the Author
Michael A. Robinson is a 36-year Silicon Valley veteran and one of the top technology financial analysts working today. That's because, as a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs, scientists, and high-profile players. And he brings this entire world of Silicon Valley "insiders" right to you...
- He was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon.
- He was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
- As cyber-security was becoming a focus of national security, Michael was with Dave DeWalt, the CEO of McAfee, right before Intel acquired his company for $7.8 billion.
This all means the entire world is constantly seeking Michael's insight.
In addition to being a regular guest and panelist on CNBC and Fox Business, he is also a Pulitzer Prize-nominated writer and reporter. His first book Overdrawn: The Bailout of American Savings warned people about the coming financial collapse - years before the word "bailout" became a household word.
Silicon Valley defense publications vie for his analysis. He's worked for Defense Media Network and Signal Magazine, as well as The New York Times, American Enterprise, and The Wall Street Journal.
Michael is 100% independent and receives absolutely no compensation from companies he writes about. His ideas are completely his own.
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