Micromobility Industries

Segway-Ninebot’s 2024 Revenue Jumps 37%, Net Profit Soars 81% 🚀 Here is everything you need to know: Revenue rose 37% year on year to $1.97 billion, while net profit surged 81% to $151 million. The company also generated $467 million in operating cash flow, ending the year with $1.04 billion in cash and no major debt, marking a strong turnaround and renewed financial strength. In 2024, Segway-Ninebot sold 2.59 million electric two-wheelers in China and expanded its specialty retail network to more than 7,600 stores. The company also continued to strengthen its global mobility partnerships, highlighted by the Urban B200 e-bike launched in Paris in 2025. Co-developed with Dott, the model features a 918Wh battery, torque-sensing assist, and a range of up to 120 km, designed for high-utilization fleets and improved energy efficiency in shared use. Segway’s robotics business grew rapidly, with robotic lawn mower revenue up 278 percent year on year, supported by the launch of the Navimow X3 series. The introduction of Lingbo OS, its new AI-powered operating system, also signals a broader shift toward a connected ecosystem combining smart mobility and robotics. In the first half of 2025, Segway reported $1.62 billion in revenue, up 76 percent year on year, while net profit more than doubled to $172 million. With a market capitalization of $6.5 billion, a solid cash position, and no major debt, Segway-Ninebot is positioning itself as one of the strongest global players in intelligent short-distance mobility and service robotics. 2024 Highlights: 👉 Revenue: $1.97B (+37%) 👉 Net Profit: $151M (+81%) 👉 Operating Cash Flow: $467M (+45%) 👉 Cash & Equivalents: $1.04B 👉 Electric Two-Wheelers Sold: 2.59M units 👉 Robotic Lawn Mowers: +278% YoY growth Read the full breakdown here: https://lnkd.in/gBmfcpgq #mobility #financials #segway #ninebot #escooter #ebike #micromobility

🚨 Breaking: Rivian spinout ALSO launches its first micromobility lineup A new name just entered the micromobility world, and it’s a big one. ALSO., the billion-dollar startup spun out of Rivian, has officially unveiled its first line of electric micromobility vehicles: the TM-B, a modular Class 3 e-bike, and the TM-Q, a four-wheel pedal-assist quad for consumers and commercial fleets. The TM-B delivers up to 100 miles of range, 180 Nm of torque, and a top assist speed of 28 mph using the company’s proprietary DreamRide system. “Our goal is to combine advanced technology with practical, enjoyable design that makes efficient mobility aspirational,” said Chris Yu, President of ALSO. The company originated as an internal project at Rivian before spinning out earlier this year. “ALSO was created to challenge what’s possible in smaller form factors,” said RJ Scaringe, founder and CEO of Rivian. Alongside the TM-B, ALSO introduced the TM-Q, a pedal-assist quad designed for bike lanes, daily commutes, and urban delivery. The company also announced a collaboration with Amazon to deploy thousands of custom e-cargo quads across the United States and Europe. Preorders for the TM-B opened today, with deliveries beginning in spring 2026. Pricing starts at $4,000 for the base model and $4,500 for the Limited Launch and Performance Editions. Backed by Greenoaks Capital and Eclipse Ventures, ALSO now enters the micromobility space with over $300 million raised and a bold vision. Read the full story here: https://lnkd.in/ggeBFs-3 #Micromobility #ElectricVehicles #ALSO #Rivian #EBike #EV #mobility

🚲💥 Micromobility now makes up 90% of all shared mobility rentals in Italy. Yes, you read that right - ninety percent! Even with fewer vehicles and operators, demand for bikes and e-scooters is thriving. Major cities are leading the charge, safety is improving, and electrification is gaining momentum. 📈 Italy’s shared mobility market has moved from fast growth to smart, stable, and sustainable. 👉 Want to know which cities are winning, what’s driving usage, and how the market is shifting? #Micromobility #SharedMobility #UrbanMobility #SmartCities #SustainableTransport #eScooters #BikeSharing #MobilityInnovation #FutureOfMobility #TransportTrends #ItalyMobility #GreenTransport #CityTransport #MobilityData

This week in micromobility: 👉 Lime reached 1 billion rides globally since its launch in 2017. CEO Wayne Ting said each ride represents a step toward more sustainable and equitable cities. 👉 Meet the winners of the startup awards at Micromobility Europe 2025: Blike, Bib batteries and FLIT 👉 Bafang E-Bike Drive Systems’s revenue rose to €41.11m in Q2 2025, up from €36.10m in the previous quarter, while profit dropped sharply to €1.24m from €2.62m in Q1. 👉 pony has launched a new version of their Double Pony two-seater e-bike and moved production to France through a partnership with Manufacture Française du Cycle. The redesigned model improves comfort, safety, and accessibility, while supporting local industry. 👉 Glasgow will shift its bike-share program to Voi Technology in November 2025. The new operator will deploy 1,000 e-bikes with hybrid docking zones, replacing the current Nextbike service. 👉 A new study finds bike-sharing generates a 10% annual return on public investment, saving 46,000 tons of CO₂, preventing nearly 1,000 chronic diseases, reducing congestion, and supporting 6,000 jobs across Europe. 👉 Cooltra has acquired Kleta Mobility, a Barcelona-based subscription bike service, adding 2,000 active subscriptions and expanding its sustainable mobility offering in Spain. 👉 Seattle has approved a proposal to introduce 100 electric cargo bikes for last-mile deliveries, aiming to reduce downtown congestion and pollution. 👉 Kingbull has launched the Voyager 2.0 cargo e-bike with a 750W Bafang motor, 450 lb payload, dual-battery option, and a one-piece welded rack rated for 200 lbs. and much more.. Read the full list here: https://lnkd.in/gaRJvPjM #micromobility #ebike #mobility #news #escooter #transportation

Meet the Winners of the Startup Awards at Micromobility Europe 2025 🚀 At Micromobility Europe 2025 in Brussels, the Startup Arena brought together some of the most promising early-stage founders in mobility. The Startup Awards, presented by Maxim Romain, Co-founder of Dott, celebrated three companies redefining how people move through cities. 🥇 Blike A London-based startup building subscription infrastructure for e-bikes. Blike bundles the vehicle, insurance, maintenance, and financing into one seamless platform.  “Winning at Micromobility Europe was a real inflection point for Blike,” said CEO Tim Carrigan. “The exposure helped us secure a £10M institutional credit facility to expand across Europe.” 🥈 Bib batteries This Paris-based company is tackling one of micromobility’s toughest challenges: battery lifecycle and circularity. Its tools assess end-of-life batteries and optimize reuse, repair, and recycling. “It has become essential to integrate circular economy principles into micromobility fleets,” said CEO Pierre-Amans Lapeyre. “Our mission is to direct every battery toward its best possible outcome.” 🥉 FLIT A Cambridge-based startup focused on design and portability. Its folding e-bikes make city riding simple, fun, and flexible. “Micromobility has been on a rollercoaster since Covid,” said Co-founder Alex Murray. “But the mission remains the same: giving people better ways to move around cities that are fast, flexible, and fun.” A big shout out to the jury Emilie Calmettes, Johan Høgåsen-Hallesby and Peter Vest for picking the winners. Read the full article and listen to their winning pitches here https://lnkd.in/gwFfAqZd #startup #micromobility #awards #europe

Pony just launched a new version of their popular Double Pony! Built in partnership with Manufacture Française du Cycle in Machecoul, the upgraded model brings stronger performance, better comfort, and a more sustainable supply chain rooted in French manufacturing. Co-founders Paul-Adrien Cormerais and Clara Vaisse said the redesign focuses on accessibility, durability, and safety. The Double Pony has already become a favorite in cities such as Bordeaux and Angers. In 2026, pony plans to produce 5,000 bikes, expanding into new markets while continuing its commitment to local and sustainable mobility. https://lnkd.in/eyTs9ika

This week in micromobility: 👉MERIDA BIKES INTERNATIONAL reports a sharp 24% YoY sales decline in Q2 2025, with revenue down to $233M, though profits show a slight quarterly uptick. 👉Brompton Bicycle partners with Blike to supply 600+ bikes to Engineius drivers across the UK - saving each driver up to £3,000 annually while cutting transport emissions. 👉Lime expands its Milwaukee e-scooter fleet and adds foot patrols to ensure better parking compliance. 👉Sydney proposes fines of up to $55k for shared e-bike operators failing to remove improperly parked bikes.   👉Brompton launched its lightest folding e-bike ever, the 14.1kg Electric T Line, offering up to 90 km range. 👉Global Delivery Giants form Deliver-E Coalition with Uber, DoorDash and Delivery Hero, backing a zero-emission push for e-bikes and e-scooters. 👉Toyota-led consortium secures UK funding for a lightweight urban BEV feasibility study under the DRIVE35 programme. 👉SUPER73 unveils the mysterious MZFT moped-style e-bike with hidden storage and youth-focused design. 👉Key Biscayne, Florida, makes its e-bike and e-scooter ban permanent, following ongoing safety concerns. #micromobility #ebike #mobility #news #escooter #transportation

This week in micromobility: 👉 Lime will replace RegioRadStuttgart in the Stuttgart region from January 2027, operating 2,000 e-bikes across 35 municipalities, half of which will be deployed in Stuttgart. 👉 Voi Technology and eBikeLabs, creators of eBikeOS launch a joint R&D program to integrate eBikeOS technology, improving e-bike efficiency, range, and ride comfort through smarter motor control and predictive software. 👉 Shared micromobility in the Solent region, UK, has surged 290% since 2021, surpassing 5 million rides. Voi, now the sole operator, recorded 150k rides in May 2025, its best month yet. 👉 US based Electric Bicycle Co., Ltd has filed for Chapter 7 bankruptcy, citing tariff hikes and rising costs that made local e-bike assembly unviable. 👉 Verge Motorcycles will unveil its first modular e-scooter platform at EICMA 2025 in Milan, featuring its signature donut motor and modular design for OEM integration. 👉 Brighton & Hove is considering a regulated e-scooter trial in 2026, with around 300 e-scooters at 30 Beryl hubs, featuring speed limits, geofencing, and a 17+ age requirement. #micromobility #ebike #mobility #news #escooter #transportation

On this Week's Podcast: Micromobility in Brussels 🇧🇪 What happens when a city embraces micromobility before anyone else, and then has to figure out how to regulate it? In this episode of The Micromobility Podcast, Prabin Joel Jones down with Martin Lefrancq, New Mobility Policy Advisor at Bruxelles Mobilité - Brussel Mobiliteit, to explore how Brussels evolved from a free-floating scooter frenzy to one of Europe’s largest regulated shared micromobility ecosystems. We covered: 👉 How Brussels became one of the first cities to regulate shared micromobility (back in 2018) 👉 The post-COVID bike lane boom and what it meant for city design 👉 Turning the heart of Brussels into one of Europe’s largest pedestrian zones 👉 Why the city capped operators and vehicles under its 2023 tender 👉 A new mobility experiment that actually got families to sell their cars 👉 And the tricky debate: Should cities tax or support shared micromobility operators? Link in comments. #mobility #brussels #micromobility #city #policy

How Brussels City transformed over the years - from being car centric to building the largest pedestrian zone in Europe Full episode with Martin Lefrancq from Bruxelles Mobilité - Brussel Mobiliteit coming soon on the micromobility podcast!