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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 they plan to merge. Transaction is expected to close …
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 gearing up to go public on the Kore…
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 announce the news on January 1, but until then, Superpedestri…
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 restructuring process aimed at strengthening its balance sheet…
Superpedestrian, the e-scooter startup known for its self-diagnostic software, is shutting down its U.S.-based shared scooter operation and exploring a sale of its European business, TechCrunch has exclusively learned. The company’s director of U…
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 Leuschner. The hits keep coming for the micromobility gia…
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 Friday. TechCrunch has viewed the email. San Francisco a…
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 board and the day-to-day running of Cowboy last ye…
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 board and the day-to-day running of Cowboy last ye…
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 the company. TechCrunch has viewed the email. TechCru…
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 the company. TechCrunch has viewed the email. TechCru…
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 potential to spark real change, but there’s a deadlier side that is putting off some consumers. We’ve all seen the headlines over the last […]
Everything you need to know about e-bike battery fires by Rebecca Bellan originally published on TechCrunch
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 costs — that would be the third leg — but it wasn’t enough to convince investors that the scooter company can find its way to profitability. […]
Bird’s weak stock market performance impacts the entire e-scooter industry by Rebecca Bellan originally published on TechCrunch
As electric bikes grow in popularity, the number of deadly fires caused by faulty lithium-ion batteries has also risen. One of the main culprits? Cheap e-bikes delivered from non-reputable, overseas companies direct to consumers. A reintroduced bill that would provide Americans with a federal rebate of up to $1,500 toward the purchase of an e-bike […]
How a proposed federal e-bike incentive could lead to fewer battery fires by Rebecca Bellan originally published on TechCrunch
Lyft wants to see a more organized shared micromobility landscape, with fewer free-floating scooters and more dependable, docked vehicles. To help achieve this vision, the company revealed Thursday its next-generation dockable e-scooter and updated docking stations. While mainly a ride-hail operator, Lyft also provides docked bikeshare programs in eight cities across the U.S. Last year, […]
Lyft wants to reshape shared micromobility with dockable e-scooter by Rebecca Bellan originally published on TechCrunch
Around a year ago, Tier Mobility was winning the shared micromobility game. Fueled by its $200 million Series D fundraise in October 2021, the company went on to acquire three other micromobility operators and a computer vision startup, giving it access to e-bikes — a reach that extended beyond Europe and into the U.S. — […]
Tier Mobility and Spin lay off 100 more employees by Rebecca Bellan originally published on TechCrunch
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 trio of companies will sound familiar as these companies also won tender processes in several European cities in recent years. Madrid even says that it […]
Madrid selects Dott, Lime and Tier for scooter licenses by Romain Dillet originally published on TechCrunch
This weekend, Mayor of Paris Anne Hidalgo told Le Parisien that Parisians will get to vote whether they want to ban free-floating electric scooters or not. As I explained last week, Dott, Lime and Tier, the three scooter companies currently operating in the city, have operating licenses that are set to expire on March 23rd, […]
Paris to hold vote on shared scooters by Romain Dillet originally published on TechCrunch
Somewhere hidden amid the thousands of flashy displays and exhibits at CES 2023 in Las Vegas was the newly upgraded 2023 Bugatti electric scooter. TechCrunch never saw it. Did anyone? Luckily, details and images of the 2023 model, a 10% larger, more premium electric scooter, have now been released into the world. Bugatti, through a […]
Bugatti’s new electric scooter is bigger with W16 Mistral vibes by Kirsten Korosec originally published on TechCrunch
What is going to happen to the 15,000 colorful electric scooters that currently spill across the streets of Paris? On March 23rd, their fate could drastically change as the French capital weighs up whether or not to renew licenses for the three scooter companies currently operating in the city. And this isn’t just going to […]
Scooters in Paris are at a crossroads by Romain Dillet originally published on TechCrunch
This was a tumultuous year for micromobility, both within the shared and private spheres. As we predicted last year, 2022 brought with it a rise in the sale of electric bikes, the adoption of smarter e-scooters that can detect poor riding behavior and the drying up of VC funding for scooter and bike companies. We […]
E-bike subsidies, consolidation and IPOs: Our 2023 micromobility predictions by Rebecca Bellan originally published on TechCrunch
Meet Vianova, a French startup that is building a data platform for shared mobility companies as well as local governments. The company acts as both a data repository and a data visualization dashboard. It has raised a $6.4 million (€6 million) Series A funding round led by Baloise VC with XAnge as well as existing […]
Vianova builds the location data platform for shared mobility companies and cities by Romain Dillet originally published on TechCrunch
Scooter company Bird is certainly down, but it’s not yet out. The five-year-old firm says that it and Bird Canada — a separate, private company that licenses Bird’s software and name — will merge “as soon as possible,” with an “estimated total of $32 million in new financing” from Bird Canada’s investors, “$4 million of […]
Bird tanks on word that a Canadian company is saving its bacon by Harri Weber originally published on TechCrunch
UK-based electric two-wheeler manufacturer Zapp Electric Vehicles is merging with a blank-check company to become publicly traded on the Nasdaq at a post-money valuation of $573 million. Zapp says it will use the proceeds from the merger to bring its long-awaited i300 high performance, seated city scooter to market. The i300 was initially revealed back […]
Electric motorbike maker Zapp Electric Vehicles to go public via SPAC by Rebecca Bellan originally published on TechCrunch
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 reports spanning the first quarter of 2020 through the second quarter of 2022 “should no longer be relied upon,” according to a U.S. Securities and […]
Bird tells SEC it overstated revenue for two years by Jaclyn Trop originally published on TechCrunch