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🤞 Cityscoot's last chance

Having filed for insolvency in November 2023, Cityscoot still awaits a take-over decision.

Last week, the Commercial Court of Paris declared the bid from Bertrand Fleurose - former Cityscoot CEO - unacceptable due to lack of funding.

It means that Cityscoot’s last chance is now in Cooltra’s hands, with a final offer of €400,000. The Spanish operator would keep 30 of the 150 employees, using Cityscoot’s brand to expand in France.

The decision from the court should be published within two weeks.

💡 City Dive Insight

State of mopeds in 2024

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INDUSTRY NEWS 🗞️

Cycling Industries Europe’s CEO Kevin Mayne will retire in 2024.

Cooltra riders covered 5.88m km in Paris in 2023.

DfT publishes new guidance for scooter and ebike rider safety in the UK.

Drop Mobility secures funding from Decathlon Capital Partners.

Forest launches “Cycle to Work” scheme in London.

Getaround cuts 30% of its workforce in North America.

Local energy providers make the car-sharing market competitive in Switzerland.

Pony adds an in-app reactivity test to prevent drunk riding.

30 organisations signed the Green Deal Initiative Carsharing.

TIER Mobility partners with RFI to provide vehicles at Parma train stations.

umob adds Check to its MaaS app

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