Business

Partnerships, acquisitions and investment news

Tier sponsors return of parliamentary bike ride in London 

Micromobility provider Tier has sponsored the return of the parliamentary bike ride, bringing together politicians, advocates and experts to ride in London.  This year’s event, which took place on Tuesday (28th June), was attended by Parliamentary Under Secretary of State at the Department for Transport Trudy Harrison MP, and cycling …

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Nextbike renews contract with Warsaw 

Nextbike has won the tender to renew its contract to operate in Warsaw, Poland. Warsaw is the biggest urban bicycle system in Poland and is one of the biggest in Europe, and after 10 years of operation, the Veturilo system will continue to be run by Nextbike.   The collaboration between …

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Irish micromobility provider Zipp Mobility secures €6.1 million in funding round

The Irish micromobility provider Zipp has closed a  €6.1 million (£5.2 million) funding round, let by UK-based asset manager Fasanara Capital. New capital, a mixture of equity and debt, will be used by Zipp Mobility to expand its e-scooter and e-bike operations in Ireland, the UK, and mainland Europe in …

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E-scooter brand Zinc joins calls for Government to legalise private scooters amid fuel price increase 

The e-scooter brand Zinc has joined the calls for the Government to legalise e-scooters, amid the soaring cost of fuel prices.  Last week, the average price of a full tank of petrol hit £100 for the first time, as the price per litre jumped by the highest amount in 17 …

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Tier hosts e-scooter safety session for MPs and Peers ahead of legislation update 

Tier has hosted an e-scooter safety session for MPs and Peers, in an attempt to assure politicians about the future of the transport mode.  The e-scooter training sessions Parliamentarians were given the opportunity to test ride Tier e-scooters, and discuss what future legislation on private-use machines might look like. Sessions …

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Bike Week 2022: ‘E-bikes are the next generation for businesses’

Nicolas de Juniac, UK general manager at delivery e-bike specialist Zoomo, discusses the benefits for businesses of switching to e-bikes.  As we enter Bike Week, when communities across the UK celebrate the benefits of cycling, Zoomo believes that every week could be Bike Week for businesses that utilise LEVs (light electric …

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Bring forward e-scooter legalisation as petrol prices soar, says retailer Pure Electric

Specialist retailer Pure Electric has called on the Government to bring forward the legalisation of e-scooters, as petrol prices hit a 17-year-high amid a cost of living crisis.  Bristol-based chain Pure Electric, which specialises in e-bikes and e-scooter sales, has urged Ministers to act now to allow access to low-cost, …

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HumanForest records highest ever e-bike usage

London-based shared e-bike brand HumanForest has continued to thrive, reaching its highest ever e-bike usage last month.  The sustainable micromobility platform, which currently operates e-bike schemes in 12 London boroughs, recorded 150,000 trips across the capital in May, up from 80,000 trips the previous month.  HumanForest operates a unique advertising-led …

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Tier launches dockless e-bikes in Hammersmith and Fulham 

Micromobility operator Tier has announced its latest expansion in London, launching dockless e-bikes in west London.  Tier, which already runs an e-scooter fleet across London as part of Transport for London’s scooter trial, and operates an e-bike scheme in Islington, has now launched its electric bikes in Hammersmith and Fulham. …

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Durham’s eBike Store on the market

An e-bike-specific in the north east of England is now on the market. Durham City’s e-Bike Store, located in Front Street not far from the city centre, is on the market as the current owner plans to retire. Company owner Simon said: “I saw the potential for electric bikes back …

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