News

Partnerships, acquisitions and investment news

Velco hires 138 for European communications

Velco x 138 scaled e1706089461761 Velco hires 138 for European communications

Velco has hired 138 Alternatives to handle its European communications. The partnership will see the team at 138 Alternatives work to raise the profile of the French IoT solutions firm within the bicycle industry and beyond. Philipp Reiff, managing director of 138 Alternatives, said: “We are convinced that connected e-bikes …

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Tier and Dott set to merge and invest €60 million into joint business

TIER Dott 1200x700 v1 Tier and Dott set to merge and invest €60 million into joint business

Tier and Dott have announced a preliminary agreement to bring the two companies together to form one of Europe’s leading micromobility operators. The joint entity will continue to operate under the Tier and Dott brands, combining the two provider’s expertise. This transaction is subject to several conditions, and will be …

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Forest expands ‘Friends of Forest’ discount to over 60s

Forest bike riding suburbs e1700647774482 Forest expands 'Friends of Forest' discount to over 60s

Forest, one of London’s most affordable shared e-bike schemes, is expanding its ‘Friends of the Forest’ discount scheme to include those aged 60 and over. The benefits of cycling in older age have been widely reported with a study showing that cyclists between the ages of 50 and 83 received …

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Velco raises €2 million and sets profitability target

Velco 2m funding e1704384097289 Velco raises €2 million and sets profitability target

Velco, provider of connected solutions for e-bike brands, has completed a new €2 million fundraising round to accelerate its development, before reaching profitability in the next few quarters. After establishing a presence in the French e-bike market, Velco expanded in Europe and North America, working with a number of international …

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Beryl to deliver shared transport services across BCP until 2028

Beryl BCP Council Beryl to deliver shared transport services across BCP until 2028

Sustainable shared transport in Bournemouth, Christchurch and Poole is set for a number of improvements over the next five years, after Beryl were re-appointed as scheme operators by BCP Council. Having run the current bike, e-bike and e-scooter scheme in partnership with the council since June 2019, the home-grown operator …

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Amazon introduces e-cargo bikes in Croydon

Amazon e-cargo bike launch, DCR2 Croydon Picture shows: Amazon e-cargo bikes at CDR2 and around Croydon

Electric cargo bikes are now making deliveries to Amazon customers in Croydon thanks to the launch of a new micromobility delivery hub in the town. The electric cargo bikes will be delivering thousands of packages across Croydon every day, taking traditional delivery vans off the town’s roads, alleviating city traffic …

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Bolt awarded scooter, e-bike and cargo bike licence in Milan

5.1. Bolt 5 handlebar detail Bolt awarded scooter, e-bike and cargo bike licence in Milan

Bolt, one of the largest scooter operators in Europe, has been announced as one of three companies awarded the licence to operate scooters, e-bikes and cargo bikes in Milan until 2026. As a result, more than 2,000 Bolt scooters will continue to be available in Milan, and 2,000 e-bikes and …

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Dott wins three-year contract in Milan for e-scooters and e-bikes

Dott wins three-year contract in Milan for e-scooters and e-bikes

Dott, the European micromobility operator, has been awarded a three-year contract by the city of Milan to provide 2,000 e-scooters and 2,000 e-bikes. Following recent contract wins in Rome and Turin, the contract validates Dott’s position as one of the leading shared micromobility operators in Italy. The renewed service will …

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Tier adds WestBikes and WestCargos to Bristol fleet

TIER adds WESTbikes and WESTcargos to Bristol fleet

Shared WestBike e-bikes are available now from Tier, Europe’s largest shared micromobility provider, and Bristol’s shared e-scooter operator. A total of 500 WestBikes have been deployed on the streets of Bristol, complementing the existing fleet of over 2,000 e-scooters. Also available soon are WestCargos which users will be able to …

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Cowboy adds Harpreet Singh Rai and Kevin Cornils to leadership team

OY1A2460 1 Cowboy adds Harpreet Singh Rai and Kevin Cornils to leadership team

Cowboy has announced Harpreet Singh Rai, former CEO of health tech wearables company Oura, will now serve as a board member and Kevin Cornils, former chief commercial officer at Peloton, joins Cowboy as a strategic advisor. Rai takes with him a wealth of experience. During his four and a half …

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