Micromobility operator on the rising | March 04, 2022

Bolt makes a stand against the Russian invasion of Ukraine and TIER acquires Spin to become the largest multimodal micromobility operator globally.

Issue [#127] - Every week, we deliver analysis and curation of emerging mobility news - submit a story here. 

Micromobility

In the Netherlands, one in three people owns an e-bike. / Leva-eu

European Shared Mobility Index data report that the number of shared vehicles on the streets in 16 European cities has risen 76% since last year. / Fluctuo

Source: European Shared Mobility Index

Just two months into 2022, the shared and owned micro-mobility market has already attracted $725 million. / via Augustin Friedel

Is it expensive to ride an e-scooter in the United Kingdom? / Zag Daily

As part of Bolt's stand against the invasion of Ukraine, all ride-hailing operations have been suspended in Belarus. The app has also removed all Russian-made and Russian-branded products from its platform and will donate them to charity. / Bolt

Global technology leader in battery swapping ecosystem, Gogoro, makes its one-millionth battery! / Gogoro

Let’s talk about the real story behind the new ICE trucks for the U.S Postal Service. / Autonews

Ridehailing, Carsharing, & Delivery

In the Netherlands, cities like The Hague and Rotterdam plan to regulate super-fast delivery services. / DutchNews

Faction and Arcimoto announced the Faction D1 electric delivery vehicle, based on the Arcimoto FUV but features updated technology to make it driverless. / Electrek

Thanks to a new algorithm, drivers at Uber can now see earnings and destinations before accepting a ride. The company is testing the platform's revamp algorithm in 24 U.S. to attract new drivers to the platform. / Reuters

Alphabet's Waymo is allowed to protect some of its autonomous vehicle safety data. / The Verge

Investment & Deals

Tier Mobility (TIER) marks its entry into North America and becomes the largest multimodal micromobility services provider globally after acquiring Ford-owned micromobility operator Spin. / Spin

Revel raised $126 million in a series B round led by BlackRock Renewable Power. The Brooklyn-based startup plans to use the funding to expand its EV fast-charging network. / TechCrunch

Source: Revel

Beam raises $93 million in a Series B funding round led by private equity firm Affirma Capital. This investment will allow Singapore's micromobility firm to manufacture the company's 5th generation Beam Saturn e-scooters. / Beam

High-design scooter manufacturer, Taur, has raised $1.75 million from Trucks VC. / TechCrunch

Zoomo, an Australian company that builds e-bikes for delivery workers, recently closed out its Series B round of funding by raising $20 million in equity. / TechCrunch

Cities & Policy

Pilot fare-free programs have reduced wait times at bus stops by about 20% and increased ridership by about 22% in Boston. / Boston Globe

This Bostonian couple is offered as much as $750,000 for their parking spot! / Boston Globe

California's Public Utilities Commission (CPUC) gave cruise LLC and Waymo the green light to begin commercial passenger service using self-driving cars (AVs) in San Francisco. / Future Car

The French government is installing noise cameras that automatically fine drivers of illegally loud motorcycles and cars for $150. / via David Zipper

New Products, Features, and Data Points

Italian motorcycle conglomerate, Piaggio, is developing a new electric scooter for Indian market / Rideapart

Introducing the Cosmo 2, Veo's second generation of seated e-scooters that will serve the diverse needs of riders in micromobility.  / PR Newswire

Electric motors and powerful batteries have been added to Razor's iconic kick scooters / The Verge

Source: The Verge

Check out Arcimoto’s new electric trike! / Electrek

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