Paris’ commercial court has accepted Cooltra’s offer to acquire Cityscoot. These two companies provide shared electric mopeds that you can unlock and ride to go from one place to another. Cityscoo
After years of exploding growth and massive funding rounds, it’s time for consolidation in the micromobility industry. Tier and Dott, two leading European companies in the space, have announced that
While micromobility companies around the globe have been in limbo and hitting snags like bankruptcy, shutdown and layoffs, a Seoul-based shared e-scooters and e-bikes operator called Gbike is gea
More than 20,000 electric scooters belonging to Superpedestrian will be auctioned off later this month, along with other equipment from the startup’s U.S. operations, after closing its doors Dec
At an all-hands meeting just before Thanksgiving, Superpedestrian’s CEO Assaf Biderman told staff the electric scooter company was gearing up for fresh funding and a merger. Management would announc
Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company. In a press release today, Bird confirmed that it had entered into a “financial restructur
Superpedestrian, the e-scooter startup known for its self-diagnostic software, is shutting down its U.S.-based shared scooter operation on December 31 and exploring a sale of its European business, Te
Taiwanese electric scooter maker Gogoro introduced Tuesday a battery-swapping network and three smartscooters to India, marking the company’s official entry into the world’s most populous coun
German micromobility operator Tier Mobility is laying off another 22% of its workforce to cut costs in the never-ending grind toward profitability, according to a LinkedIn post from CEO Lawrence Leusc
EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China’s market domination and expand its presence in global markets. The th
Ridepanda launched in 2020 as a direct-to-consumer micromobility platform, a marketplace for high-quality e-scooters and e-bikes. The founders, alumni at shared micromobility companies Lime, Bird and
Electric mobility startup Revel is officially shutting down its shared moped business in New York City and San Francisco, according to a company-wide email that CEO and co-founder Frank Reig sent Frid
Cowboy, the e-bike startup that creates innovative electric bikes for city riders, has announced that Karim Slaoui, co-founder (pictured above, right), has passed away. Karim stepped down from the bo
Bird, the shared micromobility company that was delisted from the New York Stock Exchange last week, is issuing another round of layoffs, according to an email interim CEO Michael Washinushi sent to t
Shared micromobility company Bird has acquired competitor Spin from Tier for $19 million, including $10 million in cash, $6 million in a vendor take back and $3 million as a hold back. Tier had purcha
The e-bike revolution started with the pandemic and has been hailed as the answer to everything from traffic congestion to greenhouse gas emissions to fitness to depression. Indeed, it has the potenti
Grenoble-based eBikeLabs, a French startup that has been working on embedded software for electric bikes, is suing Cowboy for patent infringement and, more generally, copying eBikeLabs’ technology i
Bird’s first-quarter earnings show a company struggling to maintain ridership and revenue — two legs of the profitability stool for the shared micromobility market. Bird did manage to cut cost
Dutch e-bike maker VanMoof is refreshing its entry-level lineup with a pair of new bikes available in some very springy colors. The X4 and S4, out this month, retain the frame and philosophy of VanMoo
Japanese shared micromobility startup Luup has raised $30 million (4.5 billion yen) in a Series D financing round, which consists of 3.8 billion yen in equity and 700 million yen in debt. Luup has now
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