Business

Partnerships, acquisitions and investment news

European Parliament passes ‘historic resolution’ to recognise cycling as mode of transport

The European Parliament has passed a ‘historic resolution’ to help dramatically increase cycling levels by 2030.  In a bid to promote cycling across Europe, the European Parliament has voted on a resolution to recognise cycling as a fully-fledged mode of transport, and as an essential industrial asset to meet the …

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Micromobility start-up Dance secures €12 million in funding

German micromobility start-up Dance has announced that it has secured €12 million in funding, from existing and new investors.  Dance, an e-mobility subscription service founded by the creators of SoundCloud and Jimdo, said it plans to use the funds to continue its mission of creating liveable cities by offering sustainable …

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Estonian Kõu Mobility Group takes majority stake in Ampler e-bikes 

Estonian e-bike brand Ampler has merged with the Kõu Mobility Group, as Kõu takes a majority stake in the bike-manufacturer.  The two companies have signed an investment and share-swap agreement, with Kõu becoming the new 51% majority shareholder in Ampler, which will join other micromobility brands in the Kõu group, …

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Trade organisation LEVA-EU joins European Small Business Standards organisation

Micromobility trade organisation LEVA-EU has become a full member of Small Business Standards, a voice for European SMEs.  LEVA-EU (Light Electric Vehicle Association in Europe), the only trade body in Europe to work exclusively for the light electric vehicle market, aims to represent the interests of distributors, manufacturers and suppliers …

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Trading Standards issues safety warning over non-compliant e-scooter and e-bike fire risks 

The UK’s trading standards organisation has issued a warning about the risk of fires associated with non-compliant e-scooters and e-bikes.  In a statement released on Thursday (9th February), the Chartered Trading Standards Institute (CTSI) warned consumers and businesses of the potential fire risks posed by faulty lithium-ion batteries in micromobility …

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Voi calls on Government to set clear date for e-scooter legalisation 

Micromobility operator Voi has called on the Government to set a clear date for the legalisation private e-scooters in the UK. Voi, which operates rental e-scooter schemes across 100 towns and cities globally including Bristol and London in the UK, said that progress in the micromobility industry could be undermined …

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Tier launches ‘most accurate parking solution to date’ in London 

Micromobility operator Tier has launched its ‘most accurate parking solution to date’ in London, helping to make scooter tracking more accurate. The new Advanced Vehicle Parking Systems (AVPS) combines Google’s Visual Positioning System with Tier’s in-house parking space surveying solution to create accurate virtual co-ordinates for scooters.  Tier says this …

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Motorists could save £3,000 per year by switching to rental e-scooters, according to Neuron Mobility 

Drivers could save thousands of pounds per year by switching to rental e-scooter trips, according to Singapore-based Neuron Mobility. According to new research from personal finance site Nimble Fins, motorists pay £9.74 per day on average to own and run a private car. Micromobility provider Neuron, which operates a number …

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Shared transport charity CoMoUK welcomes London’s ULEZ scrappage scheme 

The shared transport charity CoMoUK has welcomed the introduction of an ULEZ scrappage scheme in London. CoMoUK (Collaborative Mobility UK), says that shared transport options like bike hire, shared e-scooters, and car clubs will be a pivotal role in London’s mobility landscape, as the capital’s Ultra Low Emission Zone (ULEZ) …

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London e-scooter operators support TfL’s Scrappage Scheme with discounted and free rides

London’s e-scooter operators, Dott, Lime and Tier, are supporting TfL’s Scrappage Scheme with discounted and free rides, as London gears up for the expansion of ULEZ in August. The scheme aims to support Londoners on certain means-tested benefits or non-means-tested disability benefits by providing grants to successful applicants to scrap …

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