e-bikes

Senator Mitt Romney (R-Utah) has slammed a call for cheaper e-bikes and safer bike infrastructure, calling the decision to install more bike lanes the “height of stupidity”. What Happened: Several Republican lawmakers have emerged with fresh criticism for electric bikes after Democrats...

A leading electric micromobility company announced a SPAC deal Wednesday with plans to expand to more cities and new segments. The SPAC Deal: Bird announced a deal with Switchback II Corporation (NYSE: SWBK) valuing the company at $2.3 billion. Current Switchback II Corporation shareholders will...

Amsterdam-based e-bike startup VanMoof on Tuesday announced it had raised $13.5 million in a funding round from London-based venture fund Balderton Capital and its Taiwan-based assembly partner SINBON Electronics. The startup said it would use the funding to expand internationally and ramp up...

In the U.K., the Department of Transport (DoT) has partnered with the Energy Saving Trust and set up a new £2 million fund targeted at increasing the electric last-mile cargo bike count on its roads. Currently, several U.K. cities are burdened by excessive clogging of their streets,...