Tier Mobility recently was able to acquire leftover assets from Coup, which ceased operations at the end of 2019. In total Tier Mobility will now have access to approximately 5,000 new mopes that were in use by Coup. Coup was active in Berlin, as well as Paris and Madrid. Tier Mobility will now also look to start a scooter service in Berlin, through the Tier app.
Lawrence Leuschner, the Tier Mobility CEO, spoke about the acquisition, We have gained valuable experience with e-scooters and can now use this effectively in the field of e-mopeds. Many customers want a slightly faster vehicle for medium distances of 4 to 10 kilometers. Now we can now offer these people a very good deal with high-quality vehicles"
Electric Moped Acquisitions
Tier Mobility Purchased Coup's Left Over Electric Scooters and Mopeds
Trend Themes
1. Electric Moped Sharing - Companies can disrupt the transportation industry by introducing electric moped sharing services in urban areas.
2. Asset Acquisition - Companies can acquire assets from failed businesses like Tier Mobility did with Coup to expand their fleet and services without bearing the costs of production.
3. Multi-modal Transportation Services - Companies can offer various modes of transportation services, such as e-scooters and e-mopeds, to meet different customer demands and preferences in urban areas.
Industry Implications
1. Transportation - Companies can disrupt the traditional ride-sharing and personal vehicle ownership models by introducing new transportation models like electric moped sharing and multi-modal services.
2. Logistics - Companies can use electric mopeds for their last-mile delivery services, which can help reduce emissions and operational costs.
3. Environmental Sustainability - The introduction of electric mopeds can contribute to the efforts of creating a more sustainable urban environment by reducing emissions and noise pollution.