Life EV Closes $14.9M Rad Power Bikes Deal
Eindhoven Selects umob as MaaS Partner, Shared Micromobility Recorded 812k Trips in Columbus, Kingbull Launches Hunter 2.0S Fat-Tire E-Bike and more...
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What You Need to Know Today
ALSO - Rivian’s Big Bet on Micromobility with Chris Yu, Co-founder & President of ALSO
On this week’s Micromobility Podcast, Prabin Joel Jones sits down with Chris Yu, Co-Founder and President of ALSO, the Rivian spin-off bringing a fresh wave of ambition into micromobility.
Chris explains why ALSO was created, why Rivian saw an opportunity beyond cars, and why the company believes smaller electric vehicles will play a central role in the future of transportation. They dive into ALSO’s new products, including the TMB e-bike and TMQ pedal quad, and unpack the thinking behind the company’s vertically integrated, software-defined approach.
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Market Cap Dashboard
Life EV Acquires Rad Power Bikes
Life Electric Vehicles has completed the court-approved acquisition of Rad Power Bikes for about $14.9m, including liabilities. Life EV said it will continue operating under the Rad Power Bikes brand in the U.S. and expand retail in key markets while honoring certain customer warranties and gift cards.
The company also plans to shift production to the United States, aiming to streamline manufacturing and improve supply chain visibility. Rad Power Bikes, headquartered in Seattle, previously produced its e-bikes in Taiwan, China, and Southeast Asia.
Yulu Revenue Nearly Doubles in FY2025
Yulu reported strong financial growth in FY2025, with revenue nearly doubling to $26m, up from roughly $14m in FY24. The Bengaluru-based electric mobility startup also reduced its net loss to $13.6m, improving from around $17m the previous year. Rental income from its shared e-bikes remained the main driver, contributing over 85% of operating revenue ($22.29m). Total expenses went up by 35% to around $37.93m. Operational costs were the company’s biggest expense, making up nearly 43% of total spending.
Eindhoven Selects umob as MaaS Partner
The Dutch city of Eindhoven has chosen umob as the exclusive MaaS partner to manage all shared two-wheelers, bikes, e-bikes, e-scooters, and e-cargo bikes, through one platform and contract. Operators like Dott, felyx (Cooltra), and Cargoroo will provide the fleets, while umob oversees operations, pricing, and user experience via a single app. The city plans to roll out 500 mobility hubs and offer affordable pricing to encourage adoption, creating a unified and scalable shared mobility system over an 11-year concession.
Voi Invests 250M SEK in Stockholm
Voi is investing €23.4m (250m SEK) in Stockholm, bringing a new generation of e-scooters and e-bikes to the city. The expansion will extend beyond the city center into the outskirts, making micromobility more accessible across Stockholm. Voi emphasizes that this won't repeat the chaotic over-flooding of streets seen in 2019, with designated parking and geofencing remaining central to their operations.
Shared Micromobility Recorded 812K Trips in Columbus
The City of Columbus reviewed its shared mobility program for 2025, focusing on e-scooters and shared bikes operated by Veo and Spin. The program recorded 812.6k trips in 2025, with devices averaging about one trip per day, which indicates a healthy system. The city introduced new contracts with performance standards to improve parking management, safety, equitable access, and transit integration. Data monitoring through tools like Populus and 311 reports helps track issues such as improper parking and ADA access violations. The city is also investing in ride hubs, parking corrals, and digital policies (geofences) to manage devices better.
Voi To Deploy 800 Bikes in Gooi and Amersfoort
Voi has been awarded the contract to operate a shared bicycle system across 10 municipalities in the Amersfoort and Gooi & Vechtstreek regions, launching in April 2026. The service will deploy around 800 shared electric and conventional bikes across hundreds of hubs.
Oregon, USA, passed a bill lowering the minimum age to ride Class 1 e-bikes from 16 to 14.
Coral Springs, Florida, USA, will host an e-bike safety town hall after a fatal crash and a spike in micromobility accidents.
Lime launched a free e-scooter safety training program in Austin, Texas, USA, offering monthly lessons and free helmets for riders.
Simi Valley, California, proposes a 15 mph e-bike speed limit on sidewalks and shared paths.
Nevada lawmakers are reviewing e-bike and e-scooter safety rules after a rise in student road accidents in Clark County.
Christian Dufft joins Bolt as CFO after nearly six years at Donkey Republic.
In Bradford, UK, Docking bays are being installed across the city, ahead of a new e-bike hire launch.
Divvy announces price increases for bikes and scooters across Chicago.
Oregon Health Authority warns e-scooter injuries have doubled since 2021, with over 500 reported in the first 9 months of 2025.
Danville, California, USA, will discuss new e-bike safety measures, including possible speed limits and park-use rules.
New South Wales, Australia, plans to introduce age limits for e-bikes and adopt EU safety standards to curb high-powered models.
Lime launches shared e-scooters in Wellington, with e-bikes arriving next month.
Kingbull Launches Hunter 2.0S Fat-Tire E-Bike
Kingbull has launched the Hunter 2.0S, an upgraded fat-tire e-bike offering up to 80 miles of range. The bike features a 48V 18Ah (864Wh) battery, a 750W rear hub motor, and 26×4.0-inch fat tires designed for mixed-terrain riding.
New additions include cruise control and integrated turn signals, while a spring promotion prices the model starting at $899, positioning it as a competitive option in the long-range fat-tire e-bike segment.
Lambeth Tightens Rules on Dockless E-Bikes
Officials in Lambeth, a borough in South London, are introducing stricter rules for dockless e-bikes as usage continues to grow. A new 2-year Memorandum of Understanding (March 2026-March 2028) will replace the current agreement with operators, introducing tiered access fees based on fleet size instead of the previous flat £700 annual charge.
The move follows a sharp rise in demand, with dockless e-bike trips increasing 80% between 2024 and 2025 and 850k trips recorded in July 2025 alone. The borough now has 400+ designated parking bays, but complaints about pavement obstruction and abandoned bikes have prompted stricter enforcement, including no-parking zones, faster removal requirements, and mandatory data sharing from operators.
Optibike Launches G2 Altus Adventure E-Bike
Optibike, a Colorado-based company known for building high-performance electric bikes, has introduced the G2 Altus, a hand-built adventure e-bike designed for multi-terrain riding. The bike features the company’s Powerstorm mid-drive system with 750W output and 190 Nm of torque, along with a configurable Multi-Mode Intelligence (MMI) system that allows riders to switch between Class 1, 2, 3, and Moto modes depending on terrain and regulations.
The model is hand-built in Colorado, USA, and aims to create a new “E-Venture” category, blending mountain bike agility with off-road capability for long-distance and backcountry riding.
Ankeny Considers New Rules for E-Scooters and E-Bikes
Officials in Ankeny, a city in the Des Moines metropolitan area in Iowa, are considering new regulations as more children ride e-scooters, e-bikes, and electric motorcycles on trails and sidewalks. The proposal would replace the current classification system with a single 20 mph speed limit for devices used on trails and sidewalks, making enforcement easier for police. City leaders say the focus will be on education rather than fines, with informational signage and materials planned if the ordinance moves forward.
Olathe Considers New Rules for E-Scooters and E-Bikes
Officials in Olathe, a suburb in the Kansas City metropolitan area, are reviewing new regulations for e-scooters and e-bikes. The proposal would introduce a “micromobility devices” category covering e-bikes, e-scooters, and similar vehicles.
Under the draft rules, helmets would be required for riders under 18, speeds would be capped at 15 mph on sidewalks and 20 mph on streets, and devices would only be allowed on roads with 20 mph limits or lower. The city could also restrict their use on certain trails, with the proposal currently under review before a potential council vote.
New E-Bike Hire Scheme to Launch in Exeter
A new e-bike hire scheme is set to launch in Exeter, a city in southwest England, following the collapse of the Co Bikes network in 2023. The new Sprintco pilot will begin with 10 pick-up stations across busy areas of the city, with plans to expand further.
The scheme aims to provide an affordable alternative for short car trips, with riders booking bikes through an app and unlocking them from solar-powered docking racks. The initiative is led by local entrepreneur Thomas Lloyd Foster and is intended to help address rising traffic congestion while rebuilding shared e-bike access in the city.
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Could you please clarify the source of your 2024 e-bike sales figures? They differ significantly from those reported by official national sources.