Of late, there has been a shift towards climate-friendly e-mobility solutions. During the COVID-19 pandemic, commuters started encouraging this shift as they moved away from traditional transportation options. In an attempt to make free and sustainable mobility accessible to everyone, London-based HumanForest came up with London’s first free, shared electric bike service.
Secured €2M funding
The free, shared electric bike service secured £1.8 million (nearly €2 million) funding from leaders in the mobility industry including Vicente Pascual and Juan de Antonio (founders of Cabify, a ride-sharing app). The new investment will be used to grow HumanForest’s fleet to 1,000 bikes by the end of this month. Also, the company intends to have 2,000 e-bikes in London in a year.