Spin is launching the UK’s ‘first’ micromobility research fund. It will be aimed at “tackling the challenges, exploring the opportunities, and answering the questions our industry faces as it matures”. Spin’s commitment of £100,000 will, over the next 12 months, support top researchers from ten leading universities in the UK …
Read More »E-bike startup raises £750,000 in seed funding to accelerate growth
British e-bike manufacturer FuroSystems has raised £750,000 in seed funding, with participation by TSP Ventures, ClearlySo and a number of angel investors. The company, which creates high-end electric bikes and electric scooters, has seen demand surge since the COVID-19 lockdown from an already high growth rate, with year-on-year sales up …
Read More »Government seeks views on e-bikes and digital mapping to connect rural areas
Drone deliveries and digital mapping for easy-to-access walking and cycling routes could soon be a reality for people living in rural areas across the UK, following the launch of a call for evidence to help develop the Government’s Future of Transport: rural strategy. The Future of Transport: rural strategy – …
Read More »Lime sees first profitable quarter, launches Gen4 scooter
Lime has become the ‘first’ new mobility company to reach cash-flow positive for a full quarter. It has also reached EBIT positive at the company level over the summer and is ‘on track’ to be profitable as a company for all of 2021. “This is a major step forward, not …
Read More »E-scooters to be trialled in Copeland
E-scooters are to be trialled in Copeland, the Department for Transport has announced. Ginger, a micromobility company which provides electric scooters in cities across the UK, will partner with Copeland Borough Council to deliver the project. “Due to our area’s spinal mode of public transport which stretches the length of …
Read More »E-scooter trials given green light in Essex
Pilot trials of e-scooter travel in six locations across Essex have been given a green light to go ahead. Essex County Council, working with Essex commercial partner Spin and district, borough and city councils and Essex Police, is leading on the electric scooter trials as part of its Safer, Greener, …
Read More »North Devon Council one step closer to introducing e-scooter trial
North Devon Council is one step closer to introducing an e-scooter trial, after being granted the right to a licence by the Department for Transport (DfT). The council, working closely with Petroc and e-scooter company Voi Technology, had submitted a proposal to pilot e-scooters in North Devon. The DfT granted …
Read More »Halfords reports e-mobility growth of 184% in latest interim results
Halfords has reported strong cycling revenue growth through H1, finishing at 54.4% LFL, with e-mobility at 184%. The retailer saw group revenue growth of 9.6% and profit before tax of £56 million, it announced in its interim results for the 26 weeks to 2nd October. Online sales grew by 148% …
Read More »TfL looking for e-scooter operators for year-long rental trial in capital
TfL, London Councils and London’s boroughs are working together on plans for a trial of rental e-scooters in the capital. This trial aims to promote safety standards and develop a better understanding of the impact of this emerging mode of transport on London’s roads. A competition has been launched today, which is …
Read More »Wales’ ‘first’ public e-bike share scheme launches in Penarth
A new public electric bike share scheme has been launched in Penarth by nextbike, thanks to funding from The Vale of Glamorgan Council. The fleet of 50 e-bikes and five stations was launched on 12th November. Vale Council received numerous requests from the public to introduce its own scheme following …
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