Micromobility

We are giving away a Vela 2. To enter to win, subscribe to our channel, comment below, and submit your email here: https://ridereview.com/giveaway/vela-2-giveway Vanmoof goes Poof. Cult ebike brand VanMoof has paused sales and some of its top execs are departing or taking lower roles. The company has yet to release an official statement on the abrupt changes, but sources say that they are trying to secure a bridge round to keep the business afloat. After several bouts of layoffs and lawsuits, US-based D2C ebike seller Rad Power has announced that it will be pulling out of the European market by 2024, opting to focus its efforts entirely on North America. Lectric might have overcome market share in the US…but RadPower does better with accessories and customer repair centers. A comeback in Shared? “We are aiming for sales of $100 million this year.” How Swing's franchise model allowed it to become one of the few profitable shared micromobility companies in the world, with over 100,000 vehicles in South Kore