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Ride AI by Micromobility Industries

Micromobility in Europe

Mar 18, 2024
01:11:16
Snipd AI
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.
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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.

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.

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