Bolt Mobility

Bolt Mobility

Bolt Mobility offers e-scooters, e-bikes, and accessories, providing shared mobility services in over 40 cities globally. The company went public on Nasdaq in 2022 and aims to be CO2 neutral by 2024.

Products

Bolt Mobility offers a diverse range of products including e-scooters, e-bikes, and various accessories. Their flagship products include the sit-down scooter WheelsOne, powered by a 500W motor and capable of a 31-mile range. In addition, they provide an all-in-one e-bike subscription with rates starting at $159.99 per month. Each vehicle is designed by Pininfarina and engineered by MT Distribution, ensuring both aesthetic appeal and performance.

Services

Bolt Mobility operates shared mobility services across more than 40 cities worldwide. They offer long-term rentals for e-bikes and e-scooters, making these sustainable transportation options more accessible. Through subsidiaries like Helbiz, Wheels, and Mimoto, Bolt Mobility also provides shared rental services. The company has introduced a dedicated smartphone app that offers vehicle-related data such as speed, battery level, and location.

Sustainability Initiatives

Bolt Mobility has demonstrated a strong commitment to sustainability. The company has partnered with Enel Energia to power the majority of its fleet's batteries using 100% clean energy. In collaboration with Li-Cycle, they ensure proper recycling of lithium-ion batteries. Bolt Mobility has a goal to become CO2 neutral by 2024, aligning with their mission to reduce congestion and pollution and make cities more livable.

Business Expansion

Bolt Mobility has been expanding its business operations globally. They have brand stores in SoHo, New York, and are planning a new store opening in Santa Monica. The company went public on Nasdaq in 2022 under the ticker symbol MCOM. This move has likely provided greater visibility and access to capital for ongoing expansion initiatives.

Technology Integration

Technology plays a critical role in Bolt Mobility's offerings. Their vehicles come with a connected app that provides real-time data, including speed, battery status, and location, enhancing the user experience. This integration ensures users can make the most of their rides while staying informed about essential aspects of their e-bikes and e-scooters.

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