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Magna enters the micromobility and battery swapping market

TechCrunch

Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. Magna enters the micromobility and battery swapping market by Rebecca Bellan originally published on TechCrunch.

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South Korean e-scooter company Gbike acquires Hyundai Motor’s micromobility platform ZET 

TechCrunch

Gbike , a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility sharing platform ZET as it wants to increase its market share and create technological synergies via ZET’s fleet management system. . “We are very open to any other opportunity.”

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Acton’s latest acquisition hints at the future of docked micromobility

TechCrunch

The term “shared micromobility” often calls to mind that Lime e-bike on the nearest street corner or the Voi e-scooter parked next to the bus stop, either of which could on any given day be standing upright or knocked over onto the pavement. That might be changing. Acton , a U.S. Acton , a U.S.

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The next big market opportunity for micromobility is commercial, not consumer

TechCrunch

At the same time, startups are cropping up to provide both fleets of micromobility vehicles for enterprises and e-bike subscriptions for couriers and gig workers. “It makes little sense to deliver an iPhone or a poke bowl in a Buick.” ” Nate Jaret, general partner at Maniv Mobility.

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Helbiz reports revenue increase but dwindling cash reserves

TechCrunch

Helbiz started out as a shared micromobility company but has since expanded to include ghost kitchens, media streaming and, most recently, a taxi service. In late June, Helbiz signed a letter of intent to buy Wheels, another shared micromobility operator, by the end of the year. million in cash to fund its micromobility operations.

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Demo at TC Sessions: Mobility 2022, where tremendous value meets huge opportunities

TechCrunch

Three days packed with possibilities, and early-stage founders can wring every ounce of opportunity out of them with an Early-Stage Startup Demo Package. In-person networking opportunities — in your demo area, in breakout sessions, roundtable sessions and through CrunchMatch, our free AI-powered networking platform.

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The Station: Arrival slashes EV targets, more Tesla FSD controversy and NHTSA loses its captain

TechCrunch

Micromobbin’ The North American Bikeshare and Scooter Association released its 2021 shared micromobility state of the industry report — and it has some interesting findings. Trips on e-scooters accounted for 49% of total trips taken on shared micromobility. 63% of riders said they used micromobility to connect to public transit.