News

Partnerships, acquisitions and investment news

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

LandoNorris1 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

Oliver Barleben HighRes 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

image001 1 e1646058694728 ‘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 »

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

european parliament gbb155a5c9 1920 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 …

Read More »

Micromobility start-up Dance secures €12 million in funding

Dance founding team from left to right Christian Springub Eric Quidenus Wahlforss Alexander Ljung 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 …

Read More »

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

468857 Ardo Kaurit and Kristjan Maruste 2 505dd3 original 1676376369 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, …

Read More »

Trade organisation LEVA-EU joins European Small Business Standards organisation

LEVA EU calls for end to discrimination on EU e bike assemblers 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 …

Read More »

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

ebike fire shepherds bush 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 …

Read More »

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

unnamed 26 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 …

Read More »

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

unnamed 24 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 …

Read More »