Posts tagged as Bolt

Bolt launches e-scooter service in several Estonian towns

Thursday, May 13, 2021

Estonian ride-sharing app firm Bolt has launched its electric scooter service in the Estonian towns of Rakvere and Viljandi, bringing the total number of towns covered to nine. Spokesperson for the company’s e-scooter component, Aleksandr Lilišentsev, said: “We are delighted that, at last, residents of Viljandi will also have the opportunity to ride comfortable and economical scooters.” “We have worked very well and closely with the city authorities, so that…

Bolt launches car rental scheme in Estonia

Tuesday, May 4, 2021

Transport services company Bolt will launch a car rental scheme on Tuesday (May 4) alongside its scooter and taxi service. Until now, only Lithuanian company Citybee has operated a freely accessible vehicle rental service in Tallinn with 350 cars that can be picked up and dropped off in public car parks. ERR’s Estonian news portal reported that It is difficult to say how successful the company is as Citybee Estonia…

Bolt testing car rental in Estonia

Thursday, April 15, 2021

Bolt will trial rental cars in Estonia this summer in addition to its scooters and taxis. ERR reported on Thursday that a large number of vehicles with “Bolt Drive” branding can be seen on the Moller Auto Mustamäe car park. Tarvi Hirv, a member of the management board of Moller Auto Tallinn OÜ, could not say how many cars had been ordered due to the conditions of the contract. However,…

Estonian transport company Bolt raises €150 million

Wednesday, December 16, 2020

Estonian transport company Bolt announced on Wednesday that it has raised €150 million in its biggest investment round ever. With the support of the investment round, led by D1 Capital Partners with participation also from Darsana Capital Partners, the company plans to develop the security of its services and continue to expand its ride-sharing, food delivery and light-duty electric vehicle rental services in Europe and Africa, Bolt said. Bolt co-founder…

Bolt aims to be climate positive with its e-scooters globally by year end

Friday, September 18, 2020

Estonian-founded taxi hailing app tech and mobility platform Bolt says it will have achieved climate-positive e-scooter operations by year-end, meaning it will remove more carbon from the environment than producing and maintaining its scooters add to it. Bolt says recent data shows around a 9-percent swing towards micro-mobility journeys, meaning the electric scooters which can be booked via the same app used for ordering taxis, and away from ride-hailing. Bolts…

Finance minister: State should not provide Bolt with direct support

Monday, April 13, 2020

The state should not support debt-laden sharing economy enterprises that generate little tax revenue to the state, Minister of Finance Martin Helme wrote on social media on Monday, referring to the Estonian ride-hailing, electric scooter and delivery service Bolt. Bolt founders Bolt Martin and Markus Villig have sent a letter to the government requesting for Kredex to provide them with an extraordinary direct loan of €50 million or a fixed-guarantee…

Bolt expands to Armenia, Malta

Tuesday, January 21, 2020

Beginning on Tuesday, rides via the Bolt online transport platform can be ordered in Armenia and the food delivery service of Bolt Food in Malta, evgeni Belussov, executive responsible for enlargement at Bolt, said. “Our goal is to make people’s lives more convenient by making their day-to-day chores simple and easily accessible. Be it urban transport or ordering food to one’s home or office. We understand that these are very…