Superpedestrian announced today closing its largest-ever funding round, adding $125 million in debt and equity capital to the scooter company. The MIT spin-off says it will use the funds to expand the Link shared e-scooter service, boost R&D, and deploy more advanced scooters that utilise AI.
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There is news from the European micro-mobility company Dott. The business today announced a $70Mn extension to its current funding round and plans to extend an already rapid expansion.
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Uber’s biggest rival from India is making further advances in the UK, this time through its manufacturing division. Ola Electric today announced it would establish a global centre for advanced engineering and vehicle design in Coventry – and not just for two-wheelers.
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The Indian electric vehicle manufacturer Ola Electric has closed another financing round of 200 million US dollars and is now valued at a total of 5 billion US dollars.
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Yamaha is expanding its portfolio of Gogoro-powered vehicles with the new EMF electric scooter. The Yamaha EMF joins the existing EC-05 that launched in 2019. Utilising Gogoro’s battery swapping platform, the EMF will launch on the market in Taiwan in March.
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Spin, the scooter-sharing service Ford acquired in 2018, is withdrawing from various markets due to unprofitability. This affects Germany, Portugal and Spain, and some US markets. Spin CEO Ben Bear shared the company’s reasoning in an email to staff.
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Bolt Technology, easily tagged as Estonia’s answer to Uber, has completed its largest funding round to date. Investors poured 628 million euros into the company, which had received another €600Mn in financing only last year. Bolt’s e-scooter hire is but one part of the growing business.
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Meredot, a Latvian developer and manufacturer of fast wireless chargers for e-scooters has unveiled its first commercial Wireless Charger. The Wireless Charger is a charging pad that can be placed either above or below the ground.
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Electric scooter company Voi Technology has raised another $115 million in an oversubscribed funding round. With the new funding package, the total volume for 2021 amounts to 160 million dollars.
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Harley-Davidson plans to list its LiveWire electric motorcycle brand that launched in May. The listing will take place via SPAC merger with exchange shell AEA-Bridges Impact Corporation (ABIC). LiveWire’s shares are expected to list on the New York Stock Exchange under the symbol LVW in the first half of 2022.
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The German automotive supplier Vitesco Technologies has just presented system solutions for 48-volt electric drives for two-wheelers for the first time at the Milan motorbike trade fair EICMA 2021. A demonstration model of a hybrid motorbike will also be on display.
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Niu has presented a number of new models at the EICMA in Milan, including an electric scooter called MQi GT Evo that goes over 100 km/h and an urban electric motorcycle called RQi. The Chinese manufacturer also debuted a range of micro-mobility products in Milan.
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Electric motorcycle brand Voxan, owned by high-performance electric vehicle specialist Venturi, presents the new Wattman. With world champion Max Biaggi at the controls, the brand is setting out to conquer yet more world speed records.
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Porsche is acquiring a majority stake in the e-bike manufacturer Greyp Bikes. The sports car manufacturer’s venture capital arm, Porsche Ventures, has held a stake of around ten per cent in the Croatian company since 2018.
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E-scooter and battery swapping company Gogoro and belt-drive specialist Gates have co-developed a two-wheel electric drivetrain called Flo Drive. The system based on Gates Carbon Drive will be exclusively available to vehicle makers in Gogoro’s extensive network.
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The Swedish electric scooter provider Voi Technology wants to achieve climate positivity without certificate offsets by 2030. In addition to switching to local battery production and fully electric logistics, the company plans to further expand its integration with public transport through mobility stations.
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BMW has just started the series production of the all-electric CE 04 moped scooter and its police or public authority variant at the motorbike plant in Berlin. According to the company, all future new models from BMW Motorrad in the field of urban mobility will be 100 per cent electric.
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The electric scooter and e-bike sharing provider Lime has raised 523 million US dollars in an oversubscribed financing round. With the fresh capital, among other things, Lime wants to bring its vehicles to more cities. Lime is also aiming to go public in 2022.
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The electric motorbike manufacturer Zero Motorcycles presents new battery technology, software updates to increase performance and the new Zero SR for the new 2022 model year. The electric motorbikes of the 2022 model series are available to order now and are to be delivered successively to all Zero dealers.
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The Berlin-based micromobility provider Tier Mobility has raised $200 million (171 million euros) from existing and new investors in its Series D funding round.
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BP and the Italian scooter manufacturer Piaggio have signed a memorandum of understanding to promote electric mobility on two and three wheels in Asia and Europe. The plan is to develop charging stations and replaceable batteries, as well as various services related to batteries and vehicles.
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Shortly after the announcement of Energica’s withdrawal as the exclusive supplier of electric motorcycles for the MotoE racing series after the 2022 season, the successor has been decided: Ducati will be the sole manufacturer from 2023 to 2026.
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At the Milipol trade show in Paris, BMW Motorrad put a police version of its CE 04 electric scooter on display for the first time. It is not just an eye-catcher however but will join the company’s existing range of police motorcycles with combustion engines.
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The MotoE electric motorcycle racing series, which has been part of the MotoGP supporting programme since 2019, is losing its exclusive motorbike supplier. The Italian manufacturer Energica will withdraw from MotoE after the 2022 season. It is not yet clear what will happen to the electric series from 2023.
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The Chinese electric motorcycle manufacturer Evoke Motorcycles has announced a new battery pack for the 2022 model year. The electric motorcycles of the Urban series are supposed to have a range of more than 250 kilometres.
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The Dutch e-bike manufacturer VanMoof has presented a new model, the VanMoof V, which is said to be able to reach speeds of up to 50 km/h when equipped with two electric motors.
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Kawasaki plans to electrify all its motorbikes for the markets in Japan, Europe, the USA, Canada and Australia by 2035. The Japanese manufacturer includes both pure battery-electric and hybrid motorbikes.
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The Taiwanese e-scooter manufacturer Gogoro is now in the process of bringing its battery exchange network to China and has created its own brand called Huan Huan with moped scooter manufacturers Yadea and DCJ.
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The Indian electric vehicle manufacturer Ola Electric has raised over 200 million US dollars (around 173 million euros) in a new financing round to date. With the new capital, the eMobility offshoot of Indian ride-hailing giant Ola aims to accelerate the development of new platforms for electric motorcycles, scooters and cars.
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Canadian manufacturer Daymak has secured over $1 billion in pre-order commitments across its six classes of light electric vehicles (LEVs).
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