Journey-hailing app Bolt has launched an electrical bicycle-sharing scheme in Paris, increasing its transport choices at the same time as Uber pares b

Uber rival Bolt launched e-bikes in Paris

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2020-07-01 08:23:00

Journey-hailing app Bolt has launched an electrical bicycle-sharing scheme in Paris, increasing its transport choices at the same time as Uber pares back its personal bike and scooter ambitions.

The Estonian start-up stated the bikes could be out there 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 had 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 can even assist to fulfil the demand for gentle, inexperienced particular person modes of transport, which has seen development as a result of European cities steadily popping out of COVID-19 lockdown,” stated Dmitri Pivovarov, Bolt’s director of micromobility. “We consider that micromobility ought to be accessible and reasonably priced, particularly at instances like these.”

The corporate has been increasing into new product segments following a rebrand in 2019 from Taxify to Bolt. The agency launched its first e-scooters in Paris again in 2018, after which rolled out a food delivery service in its residence metropolis of Tallinn in August final yr.

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