BP subsidiary Castrol invests $50 million in Taiwan’s Gogoro

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Investments

The move will be the first step for Castrol to unlock diversification opportunities beyond its core lubricants and fluids business

Castrol, a leading global lubricants player and a subsidiary of energy major BP, plans to invest up to $50 million in Taiwan’s Gogoro Inc., a leading technology company in battery-swapping ecosystem, Castrol announced on June 25.

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