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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 one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.