Mobility platform, Bolt, have unveiled plans to bring its ‘micromobility services’ to more than 100 cities next year, which will include 130,000 electric scooters and electric bikes in 2021.
Bolt announced that they will invest more than £89 million in growing its micromobility business and building its custom-made hardware.
In recent months, Bolt has expanded its micromobility services to 45 cities in 15 countries, including Sweden, France and Portugal. The company launched an electric bike-sharing service, becoming the first on-demand transportation platform in Europe to have electric bikes, scooters, and ride-hailing under a single brand in one app.
Markus Villig, CEO and co-founder, Bolt said: “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.
“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 e-scooters and electric bikes to even more countries across Europe next season, including 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.”
Bolt has more than 30 million users in over 35 countries across Europe and Africa. Its services currently range from ride-hailing to micromobility with e-scooters and electric bikes to food and package delivery.
Earlier this year, Bolt introduced its first custom-made electric scooter model, fully designed and engineered in-house. Bolt’s scooters are modular and therefore highly repairable, with an estimated lifespan of up to five years, and fully recyclable.
In September 2020, Bolt announced a commitment to become climate positive (carbon negative) in its electric scooter operations by the end of 2020.
Matt Barrie, Country Manager, Rentals - UK&I, Bolt said: “Bolt is supporting national and local legislators as the necessary steps are made towards full legalisation of electric scooters in the UK and Ireland. Bolt’s unique multi-modal customer proposition will unlock tremendous value in providing urban citizens with the appropriate sustainable transportation options, to quickly, safely and affordably move around their city.”