Bolt Technology launches longer-range kickscooter Bolt 5
Bolt Technology has taken the veil off its latest e-scooter, Bolt 5. Plans will see the Estonian company roll out 20,000 new scooters in European cities in the coming months. The Bolt 5 features a wider footboard and replaceable battery said to provide up to 55 km of range. There’s also news on sustainability.
Bolt Technologies closes largest funding round to date
Bolt Technology, easily tagged as Estonia’s answer to Uber, has completed its largest funding round to date. Investors poured 628 million euros into the company, which had received another €600Mn in financing only last year. Bolt’s e-scooter hire is but one part of the growing business.
Bolt collects €600 million in financing
The Estonian company Bolt Technology has raised 600 million euros in fresh capital in a financing round. The money is to flow partly into the food delivery service Bolt Market, and other offerings of the company are also to be expanded.
Skeleton to supply ultracapacitors to CAF
Skeleton Technologies has signed a contract with CAF Power & Automation, a manufacturer of power supply solutions for the railway industry. Skeleton will supply ultracapacitors that will be integrated into CAF’s OESS (On Board Energy Storage System) for trams.
INCIT-EV project launches in 7 EU cities
The INCIT-EV project, now launched and funded by the EU Commission, is concerned with the development of innovative charging technologies for electric vehicles until the end of 2023. Under the leadership of Renault, a total of 33 partners from eight countries are participating in the project.
Pre-orders open for ultra-light BEV: Nobe 100
The Nobe 100 can now be pre-ordered. The three-wheeled light-weight electric car with a retro design was first presented by Nobe Cars about a year ago. The Estonian startup is collecting production funds through a crowdfunding campaign on Indiegogo – where the first ten models are also available at a special price.
Tallinna Linnatranspordi considers purchase of 700 e-buses
Tallinna Linnatranspordi (TLT), the municipal transport company of the Estonian capital Tallinn, plans to switch completely to electric mobility by 2035. This, of course, also entails the purchase of around 650 to 700 battery electric buses, which will successively replace the natural gas and trolleybuses.
MEGA-E: Allego to erect 322 HPC stations
Allego and Fortum Charge & Drive join forces to set up a pan-European high-power charging (HPC) network called MEGA-E and thus to erect 322 ultra-fast charging stations and 27 so-called e-charging hubs throughout Europe.
Estonia, Frost & Sullivan.
Reading tip: Estonia is the Norway of the East if it comes to EV policy. It was the first country to set up a nationwide charging network and introduced EV subsidies early. What happened when they were cut, explores Maria Sahuquillo in depth.
Research tip: Frost & Sullivan finds that the global PHEV market may reach about 3.7m units by 2025 with 4.8m light vehicles in an optimistic scenario and 2.9m light vehicles in a conservative scenario.