Quarterly Global Moped Sharing Market Status Update: Q1 2021

The world of moped sharing is buzzing. That is why INVERS is constantly analyzing the market to understand the market needs and development for its customers and products. In order to share the most relevant content with you, we partnered with mopedsharing.com and every quarter, we will share the most noteworthy updates from the moped sharing space and what this means for the industry overall.

Here is what happened in Q1 2021:

• Lime integrated mopeds, with roll out starting in Washington DC and Paris. This is a big signal for the sector: kick scooter sharing operators increasingly choosing to integrate mopeds into their fleets, confirming the multimodal trend in the sector. Similar developments include: TIER buying the defunct COUP fleet in 2019/2020 and Bird buying Scoot Networks in 2019.
• Funding, funding & more funding:
  • Dutch operator felyx closed a Series A financing round of 24 million Euros.
  • Indian Vogo closed a Series C financing round of 11.5 million USD.
• According to data from French shared mobility data insight company fluctuo, 5% of the shared mobility trips in France were done by mopeds, but they accounted for 13% of revenue.
• Cooltra ordered another 2,000 electric mopeds from Italian manufacturer Askoll, which will be delivered in August 2021.
• European moped sales in key markets (France, Netherlands, Germany, Italy, Spain, and Belgium) grew by 13.6% in 2020 year over year, according to ACEM. Total 2020 sales volume in those six key markets: 280,000.
• Helbiz gets listed on the NASDAQ. The company runs kick scooters but also acquired the Italian moped sharing operator MiMoto recently. The acquisition of MiMoto was completed at the end of March 2021.
• More operators are including their services into meta apps. For instance, TIER mopeds and kick scooters got integrated into the FreeNow app.
• Moped sharing users in Barcelona will soon be mandated to take a photo of the parked moped after ending the ride. Additionally, the city will soon increase the number of licenses for shared mopeds from 6,673 to 10,000.
• Indian mobility company Ola is pushing heavily into the moped manufacturing sector. First rollout is expected in June 2021.
• US operator Revel is expanding its business model and offering fast charging for cars and an e-bike subscription service.
• Acciona bought Silence: The parent company of Acciona Mobility bought a majority stake in Silence. This is a deeper integration of the value chain, as all Acciona Mobility mopeds are supplied by Silence.
• Spanish-based Muving is yet another operator to start offering long term rental to its customers.