Business

Partnerships, acquisitions and investment news

LEVA-EU proposes ZEV-concept for LEVs to remove ‘legal bottlenecks’

Trade association LEVA-EU has unveiled proposals to introduce a new concept for light electric vehicles to remove legal bottlenecks it has said are “blighting the industry”. The organisation said bringing in the concept of Zero Tailpipe Emission Vehicles (ZEVs) would “finally set them apart” from internal combustion engine (ICE) vehicles …

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Raleigh teams up with highway giant to trial e-cargo logistics

Raleigh has teamed up with highway giant Ringway Jacobs to test the potential of e-cargo trikes within business infrastructure. The trial, which primarily took place in London, supported workforces with transporting materials, tools and equipment between sites, as well as providing individuals with faster and more reliable means of transport …

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Lime launches MaaS platform, forms Wheels partnership

Shared mobility specialist Lime is launching a mobility-as-a-service (MaaS) platform with last-mile, shared electric mobility company Wheels as its initial partner. The platform will offer expanded options for riders and Lime said it chose Wheels because of its design and the safety and accessibility benefits it provides. It will build …

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Dance secures €15 million for e-bike subscription service

DANCE has closed a €15 million Series A funding round for its e-bike subscription service. Led by Eric Quidenus-Wahlforss, Alexander Ljung and Christian Springub, DANCE is aiming to offer its all-inclusive service subscription package into expanded markets across Europe and eventually the US. “The goal of DANCE is to spark …

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Blubrake to accelerate expansion in e-mobility safety solutions with $6 million funding

Blubrake has completed a $6 million Series A funding round to accelerate its expansion in safety solutions for e-mobility. The funding round was led by e-Novia, the deep tech ‘Entreprises Factory’ within which Blubrake was founded and completed its acceleration process. Other investors included Progress Tech Transfer and some private …

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Pure Electric agrees exclusive retail partnership with Bird

Pure Electric has agreed an exclusive retail and distribution deal with Bird. It will be the exclusive retailer for the UK market, with sole distribution rights.   Bird launched its first rideshare scheme in Santa Monica in 2017, before bringing its technology to Europe in 2018. It operates in 50 …

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Powabyke UK to distribute MBM’s range of push and e-bikes

Powabyke UK has secured sole UK distribution rights with Italian brand MBM for its entire range of push and e-bikes, with stock currently arriving in bike dealerships around the country. “Cycling has seen an extraordinary level of uptake over the last six months and has at times led to shortages …

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European Commission to review regulation surrounding LEVs and type approval

The European Commission has initiated a review of Directive 168/2013, which regulates type approval for vehicles with two or more wheels. LEVA-EU has argued “long and hard” for a review of the regulation, saying how the market potential of light electric vehicles (LEVs) covered by the type approval is being …

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Thok E-bikes appoints Windwave as UK and Ireland distributor

Thok E-bikes has appointed Windwave as its distributor for the UK and Ireland. “I have known and worked with the Windwave team since 2005,” said Stefano Migliorini, Thok E-bikes’ CEO. “I am a passionate lover of the two wheels world and the Windwave team shares my values and ideas. This …

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HumanForest suspends service, lays off staff and plans 2021 relaunch

HumanForest has suspended its e-bike service in London following “mechanical issues” and will relaunch in Spring 2021 with a new model. As part of the move, the UK start-up has made a number of layoffs just weeks after announcing a £1.8 million seed round of funding.  The company confirmed it …

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