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 stated the bikes can be accessible on its platform from Wednesday. Customers might want to swap from taxi-hailing to bikes inside the app, and might then unlock one by scanning a QR code.
It marks a major funding from Bolt into so-called “micromobility” companies, which have been hard hit after the coronavirus pandemic worn out demand within the still-nascent trade. 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 will even assist to fulfil the demand for mild, inexperienced particular person modes of transport, which has seen progress because of European cities regularly popping out of COVID-19 lockdown,” stated Dmitri Pivovarov, Bolt’s director of…