Helbiz acquires MiMoto to add E-Mopeds to its fleet

Helbiz, a leader in micro-mobility and the business combination target of GreenVision Acquisition Corp., announced the completion of its acquisition of MiMoto Smart Mobility S.r.l. (MiMoto), the first moped sharing platform in Italy. Through this acquisition, Helbiz will expand its fleet of sharing vehicles by integrating MiMoto's electric moped service onto its platform. Users will now be able to access e-scooters, e-bicycles and e-mopeds on one seamless app. The electric moped service is currently available in four Italian cities including Milan, Turin, Genoa and Florence and will expand into other cities in the coming months.

Helbiz acquires MiMoto to add E-Mopeds to its fleet

The three different micro-mobility services on a single platform guarantees an immediate and more varied offering, which will ensure cities are more livable. Sustainable and safe mobility are becoming increasingly important, and this deal gives Italian citizens more transportation options to best meet their needs. The integration of MiMoto's expertise and solution onto Hellbiz platform provides a new impetus for growth and represents a continued commitment to building a new model of urban mobility.

This acquisition results in the creation of an urban electric mobility player that will make Italian cities, and soon cities around the world, increasingly sustainable and less congested by traffic. The three different micro-mobility services on a single platform guarantees an immediate and more varied offering, which will ensure cities are more livable. To date, MiMoto’s fleet has seen over one million trips for a total of over 5 million kilometers in 285K hours. On average, users have traveled 4.5km in 16 minutes, highlighting the popularity and success of these sustainable, practical and efficient vehicles among users.

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