Business

Partnerships, acquisitions and investment news

HumanForest launches £1 million crowdfunding campaign to roll out more e-bikes

HumanForest has launched a £1 million crowdfunding campaign with Crowdcube, following a trial in Islington and Camden and a seed investment round of £1.8 million. Capital raised through the campaign will be used to buy more e-bikes, allowing the company to open in ten London boroughs next spring with 1,000 …

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Bafang website revamped with new look and enhanced functionality

Bafang has relaunched its website, offering a refreshed look, enhanced functionality and detailed information on the complete product range, from the wide variety of e-drive systems through to batteries and displays. A 3D bike model on the home page aids with decision-making for selecting an e-drive system, battery or display, …

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LEVA-EU proposes ZEV-concept for LEVs to remove ‘legal bottlenecks’

Trade association LEVA-EU has unveiled proposals to introduce a new concept for light electric vehicles to remove legal bottlenecks it has said are “blighting the industry”. The organisation said bringing in the concept of Zero Tailpipe Emission Vehicles (ZEVs) would “finally set them apart” from internal combustion engine (ICE) vehicles …

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Raleigh teams up with highway giant to trial e-cargo logistics

Raleigh has teamed up with highway giant Ringway Jacobs to test the potential of e-cargo trikes within business infrastructure. The trial, which primarily took place in London, supported workforces with transporting materials, tools and equipment between sites, as well as providing individuals with faster and more reliable means of transport …

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Lime launches MaaS platform, forms Wheels partnership

Shared mobility specialist Lime is launching a mobility-as-a-service (MaaS) platform with last-mile, shared electric mobility company Wheels as its initial partner. The platform will offer expanded options for riders and Lime said it chose Wheels because of its design and the safety and accessibility benefits it provides. It will build …

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Dance secures €15 million for e-bike subscription service

DANCE has closed a €15 million Series A funding round for its e-bike subscription service. Led by Eric Quidenus-Wahlforss, Alexander Ljung and Christian Springub, DANCE is aiming to offer its all-inclusive service subscription package into expanded markets across Europe and eventually the US. “The goal of DANCE is to spark …

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Blubrake to accelerate expansion in e-mobility safety solutions with $6 million funding

Blubrake has completed a $6 million Series A funding round to accelerate its expansion in safety solutions for e-mobility. The funding round was led by e-Novia, the deep tech ‘Entreprises Factory’ within which Blubrake was founded and completed its acceleration process. Other investors included Progress Tech Transfer and some private …

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Pure Electric agrees exclusive retail partnership with Bird

Pure Electric has agreed an exclusive retail and distribution deal with Bird. It will be the exclusive retailer for the UK market, with sole distribution rights.   Bird launched its first rideshare scheme in Santa Monica in 2017, before bringing its technology to Europe in 2018. It operates in 50 …

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Powabyke UK to distribute MBM’s range of push and e-bikes

Powabyke UK has secured sole UK distribution rights with Italian brand MBM for its entire range of push and e-bikes, with stock currently arriving in bike dealerships around the country. “Cycling has seen an extraordinary level of uptake over the last six months and has at times led to shortages …

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European Commission to review regulation surrounding LEVs and type approval

The European Commission has initiated a review of Directive 168/2013, which regulates type approval for vehicles with two or more wheels. LEVA-EU has argued “long and hard” for a review of the regulation, saying how the market potential of light electric vehicles (LEVs) covered by the type approval is being …

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