Quarterly Global Moped Sharing Market Status Update: Q1 2022
Moped sharing is constantly evolving. In order to share the most relevant content with you, we partner with mopedsharing.com, who stay up to date on the latest moped sharing news globally. Every quarter, we publish the most noteworthy updates from the moped sharing space and interpret what they mean for the industry.
Last November, we launched our latest annual Global Moped Sharing Market Report. Over the years, this report has become the go-to moped-specific resource for deep dives into trends, key market players, and industry outlooks. Key stats highlighted by the report include: 12 million subscribers are using 110K shared mopeds from 87 operators worldwide, moped sharing is present in 175 cities in 27 countries, and electric mopeds are dominating the sharing space with an electrification rate of 97%. Download the full and complimentary 54-page report here.
Here are some selected news and updates from Q1 2022:
- General:
- Shared mobility data aggregator fluctuo published an annual shared mobility review for selected European capitals and saw a +38 % YOY trip growth from Q4 2020 to Q4 2021. You can download the full report here.
- “Motorcycle and moped registrations in key European markets surpass 2019 pre-pandemic levels”, states ACEM.
- Regulation:
- Toulouse: moped sharing operators YEGO and felyx are allowed to provide 300 mopeds each starting in spring 2022, according to French newspaper La Dépêche.
- Barcelona: the city is continuing to redraw its moped sharing regulation scheme. Meanwhile, Cityscoot is not available anymore in the Catalonian capital.
- Bordeaux: A new regulation scheme for shared mobility in the city is taking shape.
- Zwolle (Netherlands): After the city introduced new regulations, CHECK and felyx entered the market with 150 mopeds each, whereas GO Sharing switched to bikes locally.
- Vehicles:
- Troopy announced its electric two-wheeler models for its move towards becoming fully electric by the summer of 2022: 50ccm Yamaha Neo and 125cm Yamaha E01. Both models are in use for the first time in shared mobility fleets.
- Ola Electric is valued at 5 billion USD after a funding round in Q1 2022.
- Taiwanese shared moped supplier Kymco evaluates a potential spin-off of its electric vehicle division.
- Yamaha announced a new electric moped that uses Gogoro’s swappable battery system.
- Moped sharing operator Cooltra ordered more Askoll-manufactured mopeds for their fleets.
- Fleets:
- Shared micromobility operator TIER acquired Spin for its expansion towards the North American market.
- US market: at the end of last year, operator Scoobi launched a 200-moped system in Austin. Reminder: Austin used to be served by moped sharing operator Revel – therefore Scoobi can also benefit from Revel’s old customer base.
- GO Sharing closed most of its German operations (Köln and Düsseldorf were shut down, while Saarbrücken remained active). At the same time, they swapped out Zig-Zag Sharing’s combustion-powered mopeds for an electric fleet.
- Indigo Weel had to suspend operations after a warehouse fire in late 2021. They later decided to cease operations completely.
- Financing:
- Revel raised 126 million USD in a Series B, investing further in EV fast-charging networks. Moped sharing remains a viable part of their business, but the bike subscription business unit is winding down, according to TechCrunch.
- Dutch moped sharing operator CHECK received 10 million EUR of capital investment.
- GoTo Global received 5 million USD of strategic investment and is planning to go public by April 2022.
- Shared mobility data aggregator fluctuo raised 1.6 million EUR from Statkraft Ventures and 574 Invest.
Select new city launches:
- France:
- Toulouse (YEGO)
- Toulouse (felyx)
- Germany:
- Aachen (felyx)
- Netherlands:
- Enschede (felyx)
- Zwolle (CHECK)
- Zwolle (felyx)
- USA:
- Austin (Scoobi, addition from Q4 2021)
This article is published in partnership with mopedsharing.com, the knowledge platform for the sector. Together, we’d like to keep you updated on what is happening in the global moped sharing market. Thanks to everybody that sent in news from the sector. The next quarterly update will be released in July 2022; subscribe to our news updates to stay in the loop.