Electric Scooter & Micromobility Business | Turnkey Operation | Ready for Commercial Launch

Overview

A $6B holding company has retained Bristol Group to divest their launch-ready next generation Electric Scooter and Micromobility Platform. The global market for short range commuter vehicles (micromobility) was valued at $19 Billion in 2019 and is expected to exceed $40 Billion by 2030. Currently available Electric Scooters have low speed, short range, poor build quality and limited safety and stability.

This product represents the first true innovation in the field in over ten years.
Key product features vs. currently available models:
- Double the speed
- Double the range (distance)
- 50% heavier for stability
- High torque motor with 3X the power
- Large front and rear disc brakes
- Military grade tires
- Large number of pre-launch orders

This is a micromobility platform with multiple near-term product development opportunities. The first product is launch ready and awaiting commercial scale-up. The management and operational team are willing to transition with the business to support the first product launch and development of subsequent products.