Luup Secures $28.1 Million in FundingRyde Technology’s Profits Soar to €8m, Voi Usage Surges as Brussels Faces Transit Disruptions, Bajaj Completes PIERER Mobility Takeover and more...
From fresh rides to bold takeovers! Micromobility Weekly is your pit stop for the industry’s sharpest twists, turns, and takeovers. Got Your Micromobility Moment To Share? Email - press@micromobility.io Hooked but not subscribed? 👀 Now’s the time. You’ll thank yourself later. Micromobility Europe 2026
Micromobility Europe returns to Berlin, the city where it all began. Join us June 2–3, 2026 at Arena Berlin for two days of high-energy keynotes, panels, demos, and hands-on networking with the brightest minds in mobility. Super Early Bird Tickets are on sale for Just €299 - Limited Time Offer!🏢 Early Bird Rates for Exhibitors: Limited Time Offer Ends Soon! Book your spot today! [Sponsor/Exhibit] | [Speak at the Event] | [Exhibit as a Startup] Spots are filling fast! secure yours today and be part of Europe’s bespoke event for all things micromobility. Check Micromobility America 2026 hereWhat You Need to Know TodayThrowback Episode: Fireside Chat with Fredrik Hjelm, Co-Founder & CEO - Voi In this episode of the Micromobility Podcast, Fredrik Hjelm, Co-Founder & CEO of Voi, joins Tech.eu’s Robin Wauters for a fireside chat at Micromobility Europe 2025 to reflect on Voi’s 7-year journey from the chaotic early days of scooter wars to becoming a profitable, semi-public micromobility leader operating in 110+ cities across Europe.
Heads up! Our podcast has a new dock on YouTube, Apple, and Spotify. Make sure to resubscribe, so you don’t miss out. Stay Tuned!!! Ryde Technology’s Profits Soar to €8m
Oslo-based shared micromobility operator Ryde Technology’s revenue has increased to €47m, a 65% from €28m in 2023. However, its profit for the year has increased fourfold from €2m in 2023 to €8m in 2024. Ryde operates about 80k e-scooters in 54 cities across 3 Nordic countries: Norway, Sweden, and Finland. Luup Raises $28M for Micromobility Expansion
Japanese micromobility operator Luup has secured $28.1m in a new round of equity and debt financing, bringing its total funding to approximately $137m. The debt portion was arranged as a green loan syndicate led by Sumitomo Mitsui Banking Corporation, with Mizuho Bank as co-arranger. The company will use the capital to accelerate its business expansion by increasing its network of ports, now over 15.5k, improving services, and enhancing safety measures. Luup, which has surpassed 5m app downloads, is also developing a compact universal vehicle called “Unimo” to broaden accessibility. Kamloops Partners with Bird for 2026 LaunchIn Canada, Kamloops will launch shared e-scooter and e-bike rentals in spring 2026 through a new agreement with Bird Canada. Kamloops joined more than 30 B.C. communities participating in the province’s e-kick scooter pilot, now in its second phase after the initial 2021–2024 trial. A provincial report shows 722k trips were taken between April 2024 and April 2025 across Bird, Lime, Neuron, and Sparrow. The city has also received a $5k grant to support the rollout and community education. Voi Usage Surges as Brussels Faces Transit Disruptions
During a recent three-day public transport strike in Brussels, shared e-bike provider Voi saw a significant surge in usage, with rides increasing by 40% to 120% above normal levels. The spike highlights how micromobility services can provide essential urban resilience during periods when traditional transit is limited, helping keep cities moving through major disruptions. The example underscores the growing importance of integrated, multi-modal transport systems and aligns with broader global trends in micromobility adoption, infrastructure development, and evolving safety regulations. Bajaj Completes PIERER Mobility TakeoverBajaj Auto completed the acquisition of majority control of Pierer Bajaj AG, making it the sole owner and new parent company of the KTM Group. The move follows a significant cash injection by Bajaj earlier this year. Consequently, PIERER Mobility AG is set to be renamed Bajaj Mobility AG to reflect the finalized ownership structure.
St Albans Police Seize Illegal E-Bikes and E-Scooters
Police in St Albans, UK seized two e-scooters and two e-bikes during an operation targeting illegal use of micromobility vehicles. The action followed community reports of dangerous riding, intimidating behaviour, and the use of e-bikes and e-scooters in criminal activity. Officers noted that vehicles capable of exceeding 15.5 mph without pedalling are classified as mechanically propelled vehicles, meaning a licence, insurance, and tax are required to use them on public roads. One e-bike was found to reach 35 mph on the throttle alone, while one e-scooter had defective brakes. Under national policy, seized e-scooters will be destroyed to prevent reoffending. Florence Launches New Mobility TenderFlorence, Italy is reopening tenders for car-sharing and electric moped-sharing services, with plans to bring back up to 1k shared e-mopeds and 1k shared cars under tighter regulations. Recently, the city decided to ban e-scooter rentals starting April 2026. Shared bike and e-scooter schemes have been successful in Florence, with e-scooter users recording more than 1.5k rentals per day. Santa Maria Funds Safety Program
Santa Maria has secured a California Office of Traffic Safety grant to expand bicycle and pedestrian safety programs through September 2026. The initiative will focus on education and outreach, including bicycle training courses, community rides, helmet distribution, and school-based efforts such as “walking school buses.” The program will also promote driver awareness and include safety events, visibility demonstrations, and e-bike safety presentations. The goal is to reduce crashes and support more walkable, bike-friendly neighborhoods. Houston Implements Nighttime Scooter Rental BanHouston has banned the rental of shared e-scooters and foot-powered scooters from 8 p.m. to 4 a.m., citing unsafe “joyriding” as a significant security concern. The restriction applies only to rental devices and exempts privately owned scooters. Operators opposed the measure, arguing that nighttime is actually one of the safest periods for ridership.
Suffolk County Proposes E-Bike CrackdownIn New York, Suffolk County is considering new legislation to tighten e-bike and e-scooter rules, including banning riders 15 and under, requiring helmets for all, and imposing stricter penalties for reckless riding. The proposal allows authorities to impound vehicles and issue fines up to $5k, with parents liable for violations by minors. Central Park E-Bike Proposal Sparks Safety ConcernsNew York’s Central Park Conservancy, alongside city agencies, has proposed permanently allowing e-bikes and redesigning the park drive into dedicated lanes for pedestrians and varying-speed wheeled devices. The plan comes amid rising safety concerns, including underreported crash injuries and calls from trauma surgeons and safety advocates for stronger enforcement and e-vehicle registration. Critics argue the redesign prioritizes high-speed electric vehicles over people who use the park to walk or run, while the proposal would also remove traffic signals that are already widely ignored. Greece Launches First EU-Certified E-Scooter
NOOS, designed and built by ECOSHIFT (part of the Petros Petropoulos Group), has become the first fully Greek electric scooter to receive EU type-approval and Greek national certification. The scooter can reach 80 km/h, powered by a 5kW motor and a range of up to 131 km with dual batteries. The scooter is also included in Greece’s national subsidy program for electric vehicles. By securing European L3e certification, NOOS has met the standard set by leading e-mopeds across the continent. Got your micromobility moment to share? Email us at press@micromobility.io Loving the vibe? Hop on and ride with us! Subscribe! You're currently a free subscriber to The Micromobility Newsletter. For the full experience, upgrade your subscription.
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Luup Secures $28.1 Million in Funding
Monday, 1 December 2025
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