Bird, An E-Scooter Company, To Pump $150 Million Into Sloping Up European Business

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Bird, the e-scooter sharing company, is sloping up its European operations with a $150 million plan to rollout in 50 new urban locales. The company, which has raised more than $620 million from investors including Sequoia Capital and Target Global, said it was investing to assist endeavors to lessen car usage in European urban areas once lockdowns reach a conclusion.

How Bird Is Affecting The Transport In European Towns

Two executives have been newly named by the company to help regulate the extended global push. Renaud Fages will work as the head of worldwide operations while Brendan O’Driscoll will be head of product, growth and data. Fages said that a number of urban authorities have utilized the Covid vacation to patch up their non-car infrastructure, for example, bicycle paths, extending elective transport routes and pedestrianizing streets. “This pandemic has been pulverizing for towns and communities in urban areas across the area and we need to assist them with standing up and moving once more. In the course of the most recent a year we have seen city pioneers and residents reexamining how short trips in urban areas are taken,” Fages said.

Bird is expanding heavily in European towns.

When the rollout begins in spring and summer, Bird will disperse new versions of its Ride Pass product. It is a subscription administration to utilize its vehicles. Bird has worked in Europe in around two dozen urban areas to date. However, its spotlight has been more on the US as of recently. As per the company, almost 50% of all its e-scooter ventures are presently in Europe. It is joining a procession of miniature mobility firms that are investing vigorously in the European market. Jolt and Voi have all reported plans to twofold down in Europe with e-scooters, e-bicycles and other miniature mobility products.

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