Scooter
Scooter startup Tier lays off 22% of workforce to reach profitability
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…
Madrid selects Dott, Lime and Tier for scooter licenses
Madrid has renewed the operating licenses for scooter-sharing services in the city. The city council has chosen three operators for the next three years — Dott, Lime and Tier. This…
Micromobility company Bird said Monday it had overstated its revenue for more than two years by recognizing unpaid customer rides. Bird’s audit committee found on Friday that the company’s financial…
Urban mobility startup Dott has raised an extension to its Series B round. Originally announced in the spring of 2021, the company raised an $85 million Series B round —…
Voi scooters raises $115M Series D round as it preps to enter new cities — and for an IPO
The European e-scooter market is currently the main battleground for companies playing in the micromobility space, taking advantage as they are of Europe’s relatively compact cities and the desire of…
Paris asks scooter sharing services to restrict speed to 10 km/h
Riding a scooter in Paris will soon feel incredibly … slow. The City of Paris has announced that scooter sharing services should restrict the maximum top speed to 10 km/h…
Shares of Switchback II Corporation are off more than 14% today, appearing to sell off sharply following news that the SPAC’s merger with scooter company Bird has been approved by…
Nearly a year after Dott originally announced plans to launch a bike-sharing service, the new offering is going live in Paris. Dott is better known for its scooter-sharing service across…
Advanced rider assistance systems: Tech spawned by the politics of micromobility
Operators like Spin, Voi, Zipp, Bird and Superpedestrian are investing in tech that can detect and correct poor rider behavior, sometimes going as far as stopping scooters if they’re on…
BMW is finally producing its retro-futuristic CE 04 electric scooter, but at $12K will anyone buy it?
We’ve been hearing about BMW’s electric city scooters, not to be confused with electric kick scooters, for years. The German automaker came out with the BMW Motorrad Concept Link in…
The Station: Exits at Waymo and Bird’s SPAC reveals its scooter-nomics
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome…
European e-scooter and micromobility startup Dott raises $85 million
Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. Belgium-based investment company Sofina is leading the…
Micromobility startup Helbiz to go public via a SPAC, and will expand into ghost kitchens
Micromobility startup Helbiz, which now operates across Europe and the USA, is merging with a special purpose acquisition company (SPAC) to become a publicly listed company, giving it a war…
Ola to invest $327M to set up ‘the world’s largest scooter factory’ in Tamil Nadu
Ola said on Monday that it has signed a memorandum of understanding with the government of Tamil Nadu in India to set up what it claims would be the “world’s…
Bolt is best known for its ride-hailing service. But the company also operates an electric scooter service in 45 cities across Europe. Designed by the company’s in-house hardware team, the…
E-scooter startup Tier raises $250 million round led by SoftBank Vision Fund 2
Berlin-based micromobility startup Tier has raised a significant Series C round of $250 million. SoftBank Vision Fund 2 is leading the round, which proves that the Vision Fund team is…
Explore the global markets of micromobility at TC Sessions: Mobility
While electric scooters first launched at scale in the U.S., they quickly made their way overseas. Now, there’s a bustling electric scooter market in Europe, China, Latin America and one…
Bird shuts down Circ operations in Middle East, scraps as many as 10,000 scooters
Bird has shut down scooter sharing in several cities in the Middle East, an operation that was managed by Circ, the micromobility startup it acquired in January. About 100 Circ…
Beam, a Singapore-headquartered micromobility firm that offers shared e-scooters, has raised $26 million in a new financing round as it looks to expand its footprint in Korea, Australia, Malaysia, New…
The Station: Hertz files for bankruptcy, hailing “self-driving” scooters, Memorial Day travel
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. Hi and welcome…
Cake brings a Swedish take on e-motorcycle design to the US
Cake has crafted the Swedish edition of electric motorcycle design starting in the dirt. The Stockholm-based mobility startup’s debut, the Kalk OR, is a 150-pound, battery-powered two-wheeler engineered for agile…
Remote operators in Mexico are driving scooters to riders in this Atlanta suburb
In one Atlanta suburb, finding and returning an electric shared scooter will be taken care of by teleoperators some 1,700 miles away in Mexico City. Riders in the enclave of…
European mobility operator Tier has become the first major electric scooter company to integrate helmets into vehicles. The foldable helmets fit inside a box attached to the scooter below the…
Lime has announced that it has raised a $170 million funding round. Uber is the leading investor with existing investors Alphabet, Bain Capital Ventures, GV and others also participating. The…
Spin, the electric scooter startup acquired by Ford in 2019 for nearly $100 million, has restarted operations in four U.S. markets as COVID-19-related closures begin to ease. The company has…
The Scoot Moped — an electric moped born out of Bird’s acquisition of Scoot — will launch in Austin five months after unveiling the shared micromobility vehicle. The new moped…
Tier Mobility operates a scooter service, the kick-scooter-with-a-motor kind. And it has acquired assets from Coup, a now-defunct scooter service, the moped kind. Coup shut down late last year, and…
Inside Skip’s plan to appeal San Francisco’s scooter permit decision
Electric scooter operator Skip is gearing up to appeal San Francisco’s decision to deny the company a permit to operate in the city. When the Municipal Transportation Agency (SFMTA) announced…
Wear your helmet, concludes new study showing electronic scooter injuries have nearly tripled in the last four years
Taking a ride on an electronic scooter soon? Wear your helmet! According to a recent study published in JAMA Surgery, not wearing headgear or taking other precautions while riding is…
Throughout 2019, a number of mobility companies launched in additional markets, while many pulled out of areas that no longer served them. Meanwhile, transportation startups continued to raise more money…