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Micromobility in Europe

Mar 18, 2024

Prabin and Augustin discuss the Tier and Dott merger in the micromobility industry. Augustin predicts more consolidation with companies like Bold, Lime, and Voi. They explore software-defined vehicles and AVs in Europe, noting the lag behind the US and China. The potential for government support to advance AVs and shared mobility.

01:11:16

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Episode guests

Prabin Joel Jones

Augustin Friedel

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Consolidation in shared mobility expected among Bold, Lime, and Voi.

Europe lags in AV tech due to lack of investment and fragmented approach.

Shift towards software-defined vehicles for enhanced user experience and safety.

Deep dives

Overview of the Tier-Dot deal in the Mobility Space

Tier and Dot, two prominent micro-mobility companies in Europe, announced their merger, shedding light on the challenges they faced in securing funds individually. With Tier valued at 647 million USD and Dot at an estimated peak valuation of half a billion, the merger aimed to create innovative solutions for the shared micro-mobility sector. Investors like Muba Della and Sophina played crucial roles in this consolidation, indicating a shift in the European mobility landscape towards strategic alliances and investment dynamics.

Introduction

3min

Merger of Tier and Dot: Financial Insights and Investor Roles

18min

Speculation on Voi's Valuation and Future Scenarios

2min

Strategies for Profitability in the Micromobility Market

24min

Comparing AV and Micromobility Developments in Europe, U.S., and China

14min

Collaborative Funding for Autonomous Vehicles

6min

Exploring Potential Alliances and Efficiency in Micromobility Initiatives in Europe

3min

Leading up to Micromobility Europe, James Gross talks the state of micromobility in Europe with Prabin Joel Jones, Founder and CEO of Mayten along with Augustin Friedel, Senior Manager, MHP – A Porsche Company who is sharing his personal views on the podcast.

Topics Discussed:

Shared and Owned Micromobility

Prabin takes us through the Tier and Dott merger:

Tier/Dott deal
Background of the deal
What the deal is
Challenges in merging
Where can they go from here
What does this mean for the industry?

Augustin predicts continued consolidation in the shared mobility space, with potential mergers or acquisitions among companies like Bold, Lime, and Voi. Prabin critiques Bolt's strategy and their future as the next Uber.

Augustin also spoke about the struggles of owned ebike companies and the shift towards software-defined vehicles (SDVs) and AVs to enhance customer experience and safety.

Software Defined Vehicles, AI and Regulation

Augustin elaborates on Europe's position on AVs, noting a lag compared to the US and China due to a lack of investment and no existing tech giants.

The potential for software-defined vehicles to improve user experience and safety, but recognizing Europe's fragmented approach to AVs and mobility tech.

How government and local authorities could play a more significant role in advancing AVs and shared mobility through funding and regulatory support.

Augustin speculates about Europe's potential to catch up in the AV space by pooling resources from major automotive players and focusing on local mobility solutions.

Safety is discussed as a primary concern for micromobility users, with different European cities showing varying degrees of progress in creating safe infrastructure for cyclists and scooter users.

Despite the challenges faced by shared mobility and AVs, there's optimism about the future, with emphasis on the need for innovation, better regulation, and strategic investments.

The discussion concludes with a call for continued exploration and improvement in the mobility space, acknowledging the long journey ahead but recognizing the opportunities for impactful change.

Trends to watch:

- Software-Defined Vehicles and Artificial Intelligence

- The Role of Government in mobility investments and Regulation

- Safety and Infrastructure

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Ride AI

Micromobility in Europe

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Overview of the Tier-Dot deal in the Mobility Space

Implications and Speculations from the Tier-Dot Deal

Future Trends and Viability of E-Bike Companies in Europe

Challenges in Delivery Careers and the Need for Throttle Vehicles

The Shift to Software-Defined Vehicles and the Role of European Industry

Remember Everything You Learn from Podcasts