TOP STORIES 🔥

🚗 Getaround decides not to stick around…

Seven years after Getaround (then called Drivy) launched its first cars in London, the company is now leaving the UK for good. As of April 20th, rentals will be unavailable across the region for the carsharing service.

In a public statement, the company cited motor insurance prices as the cause for the exit; they stated that an annual price increase of 58% and an 88% increase since 2021 rendered the service unprofitable, along with the “soaring premiums and rising cost of repairs”.

Despite having restructured in North America earlier this year in an attempt to cut costs, it seems too late for the company to try and stay in the UK market. However, they are still present and operating in 6 European countries and across the US.

⛔️ Paris’ ban wasn’t the end for scooters in 2023

Berlin comes out on top despite reducing their fleet by almost ¼ inside the city centre. In contrast, fleet size across Europe rose by 1% since 2022.

All the details are in Fluctuo’s 2023 Annual Review, plus:

🇧🇪 Brussels tries to cut 12,000 scooters

🛴 TIER unsuccessful in challenging tender decision in Vienna; will this become the norm as tenders get more and more competitive?

🇫🇷 Paris reaches 5th for ridership despite only 8 months active in 2023

LAUNCHES AND EXPANSIONS 🚀

Beryl | 🚲 (200)
Expansion in Leeds (GB) 

Bolt | 🚗 (5,000)
Launch across Poland (PL)

Check | 🛵 
Expansion in Amsterdam (NL)

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PAUSES & EXITS 👋

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CITY UPDATES 🌐

Angoulême (FR) | Vélo Modalis reports 10,000 bike rides since launch.

Barcelona (ES) | AMBici service reaches final phase of deployment a year later than expected.

Bordeaux (FR) | Metropole announces new bike fleet.

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INDUSTRY NEWS 🗞️

Erratum: Last week’s funding news about Cabify was from 2023.

Chalmers University shows private scooters to be more dangerous than rental scooters and electric bikes.

Germany’s Finance Minister introduces a “mobility budget”, among other things providing tax breaks for companies that provide shared mobility options for employees.

Mobility aims to halve CO2 emissions in six years.

More than eight out of ten entrepreneurs expect to make the switch to shared mobility in the next few years.

Nivel tackles scooter parking issues in Bergen and plans to expand in Norway.

Traficar vehicles available on Bolt through new partnership.

Nextbike Poland reaches 1m trips in 2024 before the main rental season even starts.