Business

Partnerships, acquisitions and investment news

See.Sense welcomes Richard Pearce as new chief operating officer

See.Sense, a provider of intelligent cycling products and data services, has announced the appointment of Richard Pearce as its new chief operating officer (COO). Pearce, who comes from a successful stint at a health tech startup, brings more than 20 years experience in operations, marketing and product development in high …

Read More »

Zedify secures £5 million investment to expand service to 20% of the UK

Zedify, one of the UK’s largest electric cargo bike delivery networks, has secured £5 million investment to expand its service, making it available to around 20% of the UK population. The round was led by Barclays Sustainable Impact Capital and MEIF Proof of Concept & Early Stage Fund, which is …

Read More »

Parisians to vote on banning e-scooter rental schemes

Residents of Paris are being asked to vote on whether e-scooter rental schemes should be banned in the city. A referendum has been called by the city hall asking people: “Do we or don’t we continue with free-floating rental scooters?” The vote is scheduled to take place on Sunday, April …

Read More »

Dott to double e-scooter lifespan, reducing environmental impact by nearly 50%

Dott, the European micromobility operator, has unveiled a new project which aims to double the lifespan of its vehicles, in a move which will help cut its carbon emissions by nearly 50%. Initially taking place in Lyon, Dott’s e-scooters will undergo a complete refurbishment, extending their current three years of …

Read More »

Beryl reveals how Google Cloud allowed it to scale, tailor and innovate its services

Beryl, the British micromobility company, has revealed how Google Cloud helped it scale, innovate and tailor its services to each city it operates. For the organisation, which serves more than 300,000 UK customers, a reliable customer app as well as e-bikes and scooter availability are key when encouraging people to …

Read More »

Shared e-scooters and e-bikes could boost economy by £1.1 billion, according to Oxford University study 

Shared micromobility could boost the UK economy by more than £1 billion, according to a new study from Oxford University.  A study by the university’s Oxford Strategy Group, examining services provided by micromobility operator Dott in London, found that there would be huge economic benefits if more people switched to …

Read More »

Bolt unveils industry first ‘reckless rider score’

Micromobility operator Bolt has announced a new ‘reckless rider score,’ believed to be an industry first. Estonian shared transport company Bolt is aiming to tackle unsafe riding habits on its e-scooters, to help improve the perception of safety in micromobility.  The reckless rider scoring systems collects inputs, including tandem riding …

Read More »

Pure Electric secures £12.5m loan to fund product development and business strategy

E-scooter brand Pure Electric has secured a £12.5 million loan to help fund further product development and support its new business direction. The British e-scooter brand has recently shifted its focus away from e-bikes and high street retail to focus on e-scooters and working with third-party retailers.  Founded by entrepreneur …

Read More »

E-bike brand Cowboy appoints Oliver Barleben to oversee global operations

Belgian e-bike brand Cowboy has appointed Oliver Barleben to oversee global operations as chief supply chain officer.  Barleben will be responsible for Cowboy’s supply chain and ensuring the product quality, while also overseeing planning, procurement, manufacturing and logistics.  With previous experience in supply chains and procurement, Barleben was most recently …

Read More »

‘First in the micromobility industry’ – Lime announces its first fully profitable year

Shared micromobility brand Lime has announced its first fully profitable year of operation, which it says makes it the first in the micromobility industry to reach this target. The US-based shared transport provider recorded its best ever year in 2022, recording $466 million in gross bookings in 2022, a 33% …

Read More »