Electronics

Dutch Electric Mobility Startup Raises € 50 Million For International Expansion

GO sharingA Dutch-based electrical mobility startup, plans to expand its product line and add new markets with recent € 50 million funding.

The funding technically secured by the parent company GO Green is provided by Opportunity Partners and the founder of the company.

Founded in 2019, GO Sharing currently raises more than 70 million euros.

The company says it will expand beyond e-scooters to offer e-bikes and electric vehicles. The expansion is backed by London-based sister company GreenMo, which recently acquired a majority stake in E-bike To Go and acquired Belgian micromobility leasing operator zZoomer.

“Users will soon be able to book electric bikes and cars in the app in the same way they book shared mopeds. Electric bikes are a healthy alternative to short trips in the city.” , Said Raymon Pouwels, CEO of GO Sharing.

“Electric vehicles will be part of an intercity journey as they can be picked up at strategically located hubs around the city. This will turn vehicle ownership into integrated shared mobility. It’s an important element of our mission. “

GO Sharing also states that it will use the funds to accelerate its international expansion. Together with the Netherlands, the company is based in Austria and has added electric mopeds to Antwerp, Belgium. Next, we plan to add services in Germany, the United Kingdom and Turkey.

Go Sharing says it focuses on cities that want to reduce carbon emissions and traffic congestion.

“GO Sharing believes in a green planet with mobility that everyone owns and shares. We share our global attitude towards mobility from personal vehicle ownership to on-demand sharing. We aim to turn it into a use, “says Pouwels.

https://www.phocuswire.com/dutch-electric-mobility-startup-raises-50m-for-international-expansion Dutch Electric Mobility Startup Raises € 50 Million For International Expansion

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