European Uber rival Bolt launches electrical bikes in Paris
An electrical bike from Estonian ride-hailing agency Bolt in Paris, France.
The Estonian start-up mentioned the bikes could be out there on its platform from Wednesday. Customers might want to swap from taxi-hailing to bikes throughout the app, and may then unlock one by scanning a QR code.
It marks a big funding from Bolt into so-called “micromobility” companies, which have been hard hit after the coronavirus pandemic worn out demand within the still-nascent business. Bolt is betting such choices will assist it recuperate from the disaster after its gross sales plunged 75% in March.
“Our new e-bikes sharing service can even assist to fulfil the demand for gentle, inexperienced particular person modes of transport, which has seen progress as a result of European cities progressively popping out of COVID-19 lockdown,” mentioned Dmitri Pivovarov, Bolt’s director of…