e-scooters News of 02/29/20
The Station: Lucid Motors Spy Shot And The Birth Of An AV Startup
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox . Hello again — or perhaps for the first time. This is Kirsten Korosec, senior ...
Bolt Raises €50m In Venture Debt From The EU To Expand Its Ride-Hailing Business
Bolt, the billion-dollar startup out of Estonia that’s building a ride-hailing, scooter and food delivery business across Europe and Africa, has picked up a tranche of funding in its bid to take on Uber and the rest in the world of on-demand ...
Uber Doubles Down On Micromobility
Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today we’re looking into Uber’s bike bet and what the push could mean for Lime and other micromobility companies ...
Pan-European VC Fund Target Global Is Opening An Office In Barcelona
Hola Barcelona. Target Global , a pan-European VC firm with €700 million under management and a broad investment canvas spanning SaaS, marketplaces, fintech, insurtech and mobility, is opening an office in the Catalan capital. Investor director, ...
Ford Acquires Software Company Journey Holding
Ford has agreed to acquire Journey Holding Corporation, a company that has developed vehicle tracking software and app-based technology designed for public transportation, as the automaker seeks to scale up its new mobility business. Journey Holding ...
Inside Harley Davidson’S EV Shift With A Ride On Its LiveWire
Harley-Davidson will release its first production electric motorcycle in September, the LiveWire. Yes, the American symbol for internal combustion, chrome and steel is going all in on two-wheeled EVs. Founded in Milwaukee in 1903, Harley ...
Hellobike, Survivor Of China’S Bike-Sharing Craze, Goes Electric
Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with derelict bikes littering the streets of cities. Meanwhile, a new race has started for two-wheelers with motors ...
Alibaba’S Ant Financial And Hellobike Team Up On $145m E-Bike Battery JV
Shared e-scooters aren’t just gaining popularity in the United States ; they’re hitting the streets of China, too. Recognizing the possibility that some people just don’t want to pedal that last mile, China’s transportation ...
Movo Grabs $22.5m To Get More Cities In LatAm Scooting
Madrid-based micromobility startup Movo has closed a €20 million (~$22.5M) Series A funding round to accelerate international expansion. The 2017 founded Spanish startup targets cities in its home market and in markets across LatAm, offering ...
Investigation Finds E-Scooters A Cause Of 1,500+ Accidents
An investigation by Consumer Reports may force electric scooter businesses to double back on safety measures. The magazine found electric scooters caused 1,545 injuries in the U.S. since late 2017, according to data collected from 110 hospitals ...