Rad Power Bikes has announced a minority investment of $150 million. The investment is from Counterpoint Global (Morgan Stanley), Fidelity Management and Research Company, The Rise Fund, the global impact investing platform managed by TPG, and funds and accounts advised by T. Rowe Price Associates. Existing investors Durable Capital Partners …
Read More »Lime commits to £25m investment in London following record-setting year
Lime has achieved a consecutive record year in global gross bookings, Adjusted EBITDA1 and total rid…
Bird announces exit from Chapter 11 proceedings
Bird has announced that the company has successfully emerged from Chapter 11 proceedings under a new…
Lime partners with MyLifeMySay to get young people voting ahead of mayoral election
My Life My Say (MLMS), a leading youth-led, non-partisan charity and coordinators of the annual Nati…
Swifty debuts UK’s first road legal e-scooter
Swifty Scooters, a British scooter manufacturer, has announced the launch of the UK’s first roadlega…
New contract period begins for Beryl BCP scheme
A new era is underway for the Bournemouth, Christchurch and Poole (BCP) shared bike, e-bike and e-sc…
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Lime teams up with Pedal Me to launch Ride to Recovery initiative
Lime is partnering with e-cargo and passenger bike service Pedal Me to give Londoners free rides to and from their COVID jabs. The Ride to Recovery initiative, which forms part of the £1 million investment in Lime Aid and Access in the UK, will see Londoners given a code for …
Read More »Cowboy launches latest app update with information on air quality
Cowboy has launched the latest update of its app, a new navigation feature that allows riders to plan their routes based on air quality. To supply the data, Cowboy has partnered with Breezometer, a provider of hyperlocal air quality data sources and the same company that supplies air quality data …
Read More »E-scooter operators launch new micromobility coalition
E-scooter operators have come together to form a new coalition, Micromobility for Europe (MMfE), which launched officially yesterday, 2nd February. Comprised of eight founding members, Bird, Bolt, Dott, FreeNow, Lime, Tier, Voi, and Wind, the coalition aims to contribute to the development of a coherent policy framework in Europe that …
Read More »Free e-scooter rides for NHS workers as Spin launches Chelmsford trial
Spin has launched its public hire e-scooter trial in Chelmsford. Chelmsford becomes the second Essex location where Spin e-scooters are available for hire, following the December 2020 launch in Basildon. Spin’s Everyday Heroes programme will be available immediately so that Chelmsford’s NHS workers can benefit from free 30-minute e-scooter rides. …
Read More »Bird’s e-scooter service expands in UK as rider demand continues to climb
Bird’s e-scooter service is expanding in the UK as rider demand for micromobility continues to climb in 2021. “We’ve had lots of positive feedback from across the community,” said Redditch Borough Council leader Matt Dormer. “Bird has been a very collaborative partner, and we’re pleased to help more people get …
Read More »Consumer demand for privately owned e-scooters will outstrip rental in 2021
By Jez Williman, CEO of D-Fly Group and founder of the Dragonfly Hyperscooter The sudden need for socially distanced ways to travel saw e-scooter rental schemes accelerate throughout 2020. While the rental models have been understandably basic, the trials have been invaluable in forging the way for more widespread acceptance …
Read More »Pure Electric to distribute Analog Motion’s AMX Le Classic
Pure Electric has agreed an exclusive distribution deal with Analog Motion to offer its customers the new Analog Motion AMX Le Classic. “The e-bike is set to define the highly competitive lightweight commuter category,” said a statement, “following a series of customer-led refinements by Analog Motion from the original AM1 …
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