Business

Partnerships, acquisitions and investment news

Fleet Logistics launches Global Mobility Solutions arm

Fleet Logistics has created a Global Mobility Solutions unit to support its customers with key issues such as corporate mobility, sustainability, cost and electrification. The move, which Fleet said has been timed to help companies tackle ‘a long list of burning issues’ in the face of COVID-19, will see unit …

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VanMoof raises $40 million in Series B funding, reports 220% global revenue growth

VanMoof has raised $40 million in Series B funding, bolstering the brand for further global expansion. The investment, from Norwest Venture Partners, Felix Capital and Balderton Capital, comes after $13.5 million in funding earlier this year. It brings VanMoof’s total raised to $73 million. The brand has also reported a …

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Halfords e-mobility sales rise 230% amid transport revolution

Halfords has reported a 230% increase in e-bikes and e-scooters year-on-year. The announcement was made as part of the company’s trading update for the 20-week period to 21st August, which saw cycling like-for-like revenue rise 59.1%. There was growth across all product categories, the retailer said, with an increase of …

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Bosch eBike Systems to bring specialist retailers up to date with new training season

Bosch eBike Systems is set to bring specialist retailers up to date on its product range with its 11th training season, beginning on 12th October. With more than 320 dates in 14 countries, and for the first time also in the Czech Republic, e-bike retailers will be able to expand …

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E-scooters arrive in Cape Town

South African e-scooter and vehicle technology company Electric Life Rides (ELR) is launching its service in Cape Town this month. The launch will introduce ELR’s initial electric kick scooter fleet, which will be available via its mobility hub partner, the President Hotel, in Bantry Bay. ELR scooters are equipped with …

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Neuron and RoSPA partner on shared e-scooter safety

Neuron Mobility has partnered with the Royal Society for the Prevention of Accidents (RoSPA) with plans to “lead the way” in best practice for shared e-scooter safety in Britain. The announcement comes as Neuron prepares to launch its e-scooters in multiple cities across the UK. RoSPA, a premier accident prevention …

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HumanForest raises £1.8 million to support further roll-outs

HumanForest has raised a £1.8 million investment as it looks to roll-out 2,000 e-bikes by the end of 2020. Set up by former Cabify lead Agustin Guilisasti and backed by Cabify founders Juan de Antonio and Vicente Pascual, HumanForest provides 20 free minutes daily, and then costs 12p per minute. …

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Voi continues UK drive with exclusive West Midlands e-scooter deal

Voi has been handed an exclusive contract to bring its e-scooters to the West Midlands. Voi will work hand in hand with Transport for West Midlands to deliver e-scooters to 5.9 million residents across Birmingham, Coventry, Kenilworth, Sandwell (West Bromwich), Solihull, Walsall, Wolverhampton and Warwickshire. The trial will cover the …

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Zipp secures €500,000 investment as it prepares UK e-scooter launch

Zipp Mobility has secured a €500,000 investment as it ramps up plans to operate several shared e-scooter trials in the UK. Investors in the Irish micromobility start-up include Brian O’Driscoll, the former captain of Leinster, Ireland and British and Irish Lions rugby teams, along with an unnamed New York-based investor. …

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US saw 136 million shared micromobility trips taken in 2019

What started in 2010 as a nascent concept, untested in US cities, closed out the decade as a fast-growing and increasingly indispensable part of city transportation systems. Stretching from docked bike-share systems to dockless bike and scooters, the field of shared micromobility has expanded and evolved over the past 10 …

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