UK electric car subscription service Onto says it has raised 175 million dollars in a new financing round. Alfvén & Didrikson and Pollen Street Capital led the Series B funding round, with the most prominent investor being TotalEnergies. The investment follows Onto’s significant growth in recent months.
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BMW and Daimler’s mobility provider Free Now appears to have discontinued its e-scooter brand Hive without much ado at the end of last year. Free Now was to save high investments in hardware and logistics due when operating a scooter fleet.
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British EV subscription service Onto continues on building the fleet as the company adds Hyundai electric cars to the fleet. They join a base of electric vehicles from PSA but also Tesla, BMW and Jaguar.
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After launching its mobility brand Mó in June, Seat is getting its first MaaS offer on the road. A fleet of 632 electric scooters is now ready for action in Barcelona. Users may jump on via an app that follows a subscription model.
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Toyota has just led May Mobility’s B round financing totalling $50M, which also included BMW iVentures. The financing should allow the Michigan-based startup to expand every aspect of the company and its autonomous electric shuttle fleet.
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