Micro-mobility group Bolt says it will bring e-scooters to more than 100 cities across the Europe in 2021. These cities will be serviced by an expanded fleet of electric scooters, most of which will be our safe, highly-sustainable, modular, custom-made model that is designed, sourced, built and deployed by the Estonian company.
With 130,000 e-scooters and e-bikes on the streets in 2021, Bolt is set to become the largest micro-mobility provider in Europe.
Reuters reports that the investment will be over 100 million euros ($118 million).
Markus Villig, CEO and co-founder Bolt, says: “Our cities are suffering from traffic, emissions and lack of public space caused by parking. We believe that the future of urban transport is a network of on-demand services — ride-hailing, electric scooters, bikes and other light vehicles. The days where every person needs to buy a car are over.”
He adds: “We’ve seen that one of the biggest bottlenecks in the transition to shared electric mobility is pricing, which is why we’re excited to bring affordable scooters and electric bikes to even more countries across Europe next season, including Germany and the UK. Bolt is the largest European ride-hailing network, which enables us to offer the best prices to customers thanks to shared costs between the businesses.”
In 2020, Bolt expanded its scooter operations to 45 cities in over 15 countries, including Sweden, Norway, and Portugal.
Keyword: Bolt Announces Plans to Become Europe’s Largest Micro-Mobility Provider in 2021