News

Partnerships, acquisitions and investment news

E-scooter hire scheme launches in Milton Keynes

Milton Keynes Council has fast-tracked an e-scooter hire trial as part of a plan to explore alternatives to short car journeys. The council expects to provide a 50-strong fleet of the innovative e-scooters to pilot among council employees. If the trial proves a success, the e-scooters would be extended publicly …

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VanMoof attracts £11 million investment from Balderton and SINBON

VanMoof has confirmed an £11 million investment from venture capital firm Balderton Capital and assembly partner SINBON Electronics. The funds will support the brand’s international expansion as it scales up to meet increased demand. The investment follows the launch of the new electric VanMoof S3 and X3 bikes. “It’s a …

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Volt opens new UK manufacturing facility

Volt has officially opened the doors to its new UK manufacturing facility in Milton Keynes. The move represents a significant investment by the firm in UK manufacturing and centralises its production within a new facility. At approximately 20,000 square feet, the new factory has the capacity to build up to …

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E-cargo bikes to help local council deliver goods and services

Harlow and Gilston Garden Town has received funding for a fleet of e-cargo bikes that will enable local council services to move away from traditional van and car use and towards active and sustainable travel. Arriving in Harlow this summer, the e-cargo bikes will have a container for transporting goods …

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Pure Electric to open 11 high street stores

Pure Electric is opening 11 new high street stores across the UK throughout the next week. The grand reopenings – replacing Cycle Republic stores previously owned by Halfords – are part of Pure Electric’s growing network of e-mobility stores selling a wide range of e-bikes and e-scooters. More UK stores …

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Ampler’s e-bike sales grow 88% in early 2020

Ampler’s e-bike sales increased by 88% in the first five months of the year. The ongoing pandemic has undoubtedly played a significant role in the brand’s success in early 2020, but Ampler additionally credits its direct-to-consumer business model as a “robust” solution as various retailers closed throughout Europe. Ardo Kaurit, …

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UK puts £90 million into three ‘future transport zones’

The UK Government has pledged £90 million to three ‘future transport zones’ to test new ways of transporting people and goods. In essence, the money will go towards enabling local authorities to introduce such things as app-based transport services, some of which contain Mobility as a Service (MaaS) or driverless …

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E-scooters could be limited to 12.5mph in UK

E-scooters will be limited to 12.5mph when they are trialled in the UK next month, while an ongoing consultation will decide the final rules that will apply to the vehicles when they are fully legalised for road use. Anyone who uses an e-scooter during the trial period will need to …

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£24 million fund awarded to WECA for new major regional transport study

The West of England Combined Authority (WECA) is spearheading a £28million project to test how people will get around in future. It includes trialling e-scooters – currently illegal on UK roads and pavements – that commuters could hire for the first and last mile of their journey to the workplace …

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Ather Energy plans scooter exchange programme, expands into eight new cities

Electric vehicle startup Ather Energy is planning a vehicle exchange programme to encourage traditional scooters to switch to electric. The company is expanding into eight new cities with financing and ownership models, opening up experiencing centres through dealerships in Kochi, Coimbatore and Kolkata, amongst others. Ather’s co-founder and CEO Tarun …

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