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Voi, the European e-scooter rentals startup, ‘pauses’ operations in several countries

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Voi, the European e-scooter rentals startup, ‘pauses’ operations in several countries

Following related strikes by Lime, Bird, Tier and others, Voi Technology, the European e-scooter leases and so-called micro-mobility startup, says it has “paused” operations in a number of international locations as a result of Coronvirus pandemic. This sees the corporate droop operations in all however 9 key cities.

In a brief assertion issued to media on Friday, Voi stated it had regrettably been “compelled” to pause operations within the majority of cities it operates in, with solely a handful of its largest cities being serviced.

The cities the place Voi is continuous to function in are: Copenhagen, Helsinki, Gothenburg, Stockholm and Oslo within the Nordics, and Berlin, Hamburg, Nuremberg and Munich in Germany.

More broadly, the Coronavirus outbreak is a significant blow to e-scooter corporations as cities world wide are limiting motion and social distancing and isolation is, to various levels, being practiced. This is seeing many corporations setting up work-from-home insurance policies and negating the necessity for each day commutes, the place e-scooters are sometimes favoured. The world economic system can also be taking successful and due to this fact leisure spending and journey is on an escalating downwards development too.

More broadly, the enterprise plans of e-scooter rental startups think about seasonal demand and sources instructed me a number of months in the past that runway throughout the trade was based mostly on deep sufficient pockets and operational smarts to get via Winter and be in a powerful place to capitalise on peak Spring and Summer season demand. Coronavirus inevitably means “Winter” might now final for a really very long time certainly.

READ MORE:  Vox Media is cutting pay and furloughing 9% of employees

The remainder of the assertion from Voi — which raised $85 million in Series B funding in November — follows under:

In the cities we preserve open we’ll drastically scale back our fleet measurement however will proceed to serve our communities and wherever doable we’ll preserve capability at necessary hubs, like main transport interchanges and hospitals.

We have been compelled to make this tough choice because of the Covid-19 pandemic. People are working from house and not visiting eating places, pubs, theatres and associates and consequently have stopped utilizing Voi e-scooters to get round.

We plan to kick begin our operations once more when the scenario permits.

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