TIER is rolling out a new pricing model for the upcoming trial in London, designed to tackle reckless riding. TIER will introduce Safety Pricing – a first-of-its-kind feature for an e-scooter operator, which doesn’t charge riders when vehicles are stationary during trips.
TIER has secured $60m of asset-backed financing from Goldman Sachs. The debt facility from the leading investment banking, securities and investment management firm is the first of such scale in micro-mobility and will fuel TIER’s e-scooter fleet expansion for 2021.
TIER is honoured to have been chosen to serve London in the upcoming e-scooter trial, which will commence in the capital in early June. After a competitive and incredibly rigorous tender process, Transport for London (TfL) and London Councils selected TIER along with two other operators to introduce shared e-scooters to Londoners. The trial, which has the potential to be the biggest tendered e-scooter scheme in Europe, is part of a wider effort to reduce reliance on private cars and help the capital recover from Covid-19 as safely and sustainably as possible.
03 May, 2021 – Amid the global pandemic, TIER just reached another important milestone, launching its hundredth city: Kraków in Poland. In recent years, shared electric scooters and other micro-mobility modes have won a place in urban transport and become an increasingly important part of local transit, with TIER at the forefront of the sustainable transport revolution.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
These cookies allow the website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced, more personal features. For instance, a website may be able to provide you with local weather reports or traffic news by storing in a cookie the region in which you are currently located. These cookies can also be used to remember changes you have made to text size, fonts and other parts of web pages that you can customise. They may also be used to provide services you have asked for such as watching a video or commenting on a blog. The information these cookies collect may be anonymised and they cannot track your browsing activity on other websites.
These cookies allow us to count visits and traffic sources, so we can measure and improve the performance of our site. They help us know which pages are the most and least popular and see how visitors move around the site.
These are third party cookies by Facebook pixel.
These cookies are used to deliver adverts more relevant to you and your browsing patterns. They are also used to limit the number of times you see an advertisement as well as help measure the effectiveness of the advertising campaign. They are usually placed by advertising networks with the website operator’s permission. They remember that you have visited a website and this information is shared with other organisations such as advertisers.