Business

Partnerships, acquisitions and investment news

Black Friday: Transport for London offers 25% off rental bikes to get more people using green options

Transport for London is offering 25% off annual bike rentals to encourage more people to use green transport options during the holiday season.  As Black Friday and Christmas approach, the capital’s transport authority is urging businesses and shoppers to to consider green options to get their items around London.  Santander …

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Bolt e-scooters now offer insurance for riders included in rental price

E-scooter operator Bolt is now offering insurance for riders included in the price of their shared schemes. Partnering with insurer Allianz Partners for the next three years, Bolt will automatically provide scooter riders with two types of insurance as part of the rental fee – personal accident insurance and rider …

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Locals turn out to celebrate Ebike Cafe @ Deheers’ first year of trading

Locals poured in the Ebike Cafe @ Deheers alongside the Old Weymouth Harbourside on Sunday 7th November to celebrate the company’s successful first year of trading. Owners Peter Claxton and Josephine Parker were overjoyed with the support they have received for their year-old environmentally aware business, which champions an active …

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TIER acquires bike-share operator nextbike

Micromobility operator TIER is today acquiring bike-share company nextbike. With the acquisition, TIER is expanding its portfolio of shared, light electric vehicles with rental bikes and e-bikes. nextbike has been operating bike rental systems since 2004, mostly as the exclusive operator for cities, and has established a profitable shared mobility business …

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HumanForest reveals new sustainable local delivery service for businesses 

HumanForest has launched a new sustainable local delivery service for businesses in London.  The London-based micromobility firm has opened a new last-mile delivery scheme that lets businesses make use of its fleet of shared electric bikes for quick deliveries around the capital.  HumanForest’s green e-bike platform now lets businesses  purchase …

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London e-scooter operator Tier adds 500 e-bikes to its fleet 

London e-scooter operator Tier has now added 500 e-bikes to its fleet in the capital.  The app-based micromobility company has released 500 e-bikes in the borough of Islington, north London, following the expansion of the Ultra-Low Emission Zone last month.  Tier is one of the chosen operators for London’s e-scooter …

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South Wales bike-share firm forced to hire private investigators following vandalism and threats to staff 

Cardiff’s bike-sharing scheme could be abandoned if vandalism and threats to staff don’t stop, nextbike has warned.  After establishing in Cardiff in 2018 nextbike, which runs the popular OVO Bikes scheme in Cardiff and the Vale of Glamorgan, has been forced to suspend the bikes due to the unsustainable criminal …

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Temple Electric launches with two premium e-bikes

Temple Cycles has now entered the e-bike market with the launch of a new brand, Temple Electric. Emerging from three years of extensive R&D and product testing, Temple Electric will form the basis of the brand’s growth in the e-mobility sector. Launching with two premium e-bikes, the Classic Electric and …

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Electric bike and scooter sharing app Lime secures additional $523million funding 

Electric bike and e-scooter sharing brand Lime has raised a huge $523million in funding during an oversubscribed investment round, as the company plans go carbon-free and revamp its fleet.  Lime received a significant boost in its funding thanks to investments from the Abu Dhabi Growth Fund, Fidelity Management and Research …

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E-scooter rental app Voi hopes to replace one billion car journeys by 2030 

The expanding scooter and e-bike rental app Voi hopes to replace one billion car journeys over the next 20 years, as the company has also committed to being ‘carbon positive’ by 2030.  Founded in 2018, the Swedish micromobility firm has been growing across Europe, now operating in 70 cities across …

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