Ola Electric Mobility, an Indian electric scooter manufacturer, is set to raise 55 billion rupees ($661 million) through an initial public offering (IPO), signaling its ambitions to enter the electric car market. The company plans to use the IPO proceeds to expand the manufacturing capacity...
Bird, the once high-flying electric scooter startup, has filed for bankruptcy. The Miami-based company announced its Chapter 11 filing two years after going public, one year after warning bankruptcy could be on the horizon and three months after being delisted from the New York Stock...
Indian startup Ola Electric Mobility is reportedly in line for an initial public offering (IPO) sooner than anticipated. This change is due to its success in India’s electric scooter market, Bloomberg reported Monday (July 17). With 38% share of that market, Ola Electric has sold...
Paris micromobility firms have introduced new rules for electric scooters. Following threats from city officials to not renew operating licenses next year due a lack of adequate safety measures in the capital, three eScooter operators — Lime, Dott and Tier — have all announced upgrades...
May 07, 2024
Estonian company Bolt Technology OU is reportedly looking to hire managers to launch eScooter rentals in several cities in the United States. The firm posted job listings on LinkedIn last week seeking general managers and operations managers for such a venture in Los Angeles; Seattle; Austin, Texas; and other cities, Bloomberg reported Tuesday (May 7). Bolt is active in more […]
December 22, 2023
Ola Electric Mobility, an Indian electric scooter manufacturer, is set to raise 55 billion rupees ($661 million) through an initial public offering (IPO), signaling its ambitions to enter the electric...
December 20, 2023
Bird, the once high-flying electric scooter startup, has filed for bankruptcy. The Miami-based company announced its Chapter 11 filing two years after going public, one year after warning bankruptcy could...
July 17, 2023
Indian startup Ola Electric Mobility is reportedly in line for an initial public offering (IPO) sooner than anticipated. This change is due to its success in India’s electric scooter market,...