TIER Mobility and Nico Rosberg unveil the company’s first customised series of e-scooters



TIER Mobility and Nico Rosberg unveil the company’s first customised series of e-scooters

  • TIER Mobility setting a new market standard with enhanced suspension, increased range, better brakes and a significantly longer lifespan of +12 months
  • Formula 1 world champion Nico Rosberg, investor in TIER Mobility,
    presents the company’s first customised e-scooter in a
    new video
  • TIER Mobility hits milestone of 2 million rides,
    faster than any competitor before.

Berlin, 5 June 2019  – TIER Mobility, the leading European company for shared micro-mobility services, operating in over 20 cities across ten markets, today announced the release of the company’s first customised e-scooter series specifically designed to have a significantly longer lifespan, more comfort and improved safety features. The new e-scooter series was manufactured in a strategic partnership with Okai.

TIER Mobility will immediately roll out localised versions of its new scooters in Austria, Switzerland, France, Denmark, Finland, Norway and Sweden.
In June, a five digit number of scooters is expected to hit the streets of Germany with another locally adapted version. With this setup the company feels best positioned to win its home market Germany.

Specific features and benefits of the new series include:

Comfort: 10" tires and significantly improved suspension (variants include double or single suspension), plus an increased range (35-40 km) to serve more riders every day.

Design: Rugged yet elegant look.

Durability:  IoT, bell and cables all integrated - thus less susceptible to vandalism. The frame is moulded in one block from high grade aluminum, half a centimeter thick.

With best-in-class manufacturing, the e-scooter will have a lifespan of 12+ months.

The first generation of scooters already had a 4-5 times longer lifespan than the industry standard, on average 6 months, due to daily maintenance and best in class operations.

Platform: TIER’s modular platform allows quick iterations and innovation. The next version is already expected to launch later this summer.

Safety: More powerful brakes with improved functionality (versions include one mechanical and one electric brake, or two mechanical and one electric brake).

The different versions are required to meet slightly different regulatory requirements in TIER’s markets. Due to these requirements, the lights and reflectors will be positioned slightly differently as well. The new series of scooters will also come with and without a spot for an insurance plate.

The innovation pipeline is filled with more models and new vehicles to be introduced during the year, derived from TIER‘s modular platform manufacturing.

Lawrence Leuschner, CEO and co-founder of TIER said: “Our new e-scooter delivers an increased level of safety, more comfort and the promise to combine a fun experience with a sustainable, zero-emission ride and a high impact on the Unit Economics.”

+++ENDS++++

About TIER Mobility

TIER Mobility is Europe’s leading provider of micro-mobility with a mission to change mobility for good.

The company is a driving force behind the change in the transport sector, which aims to significantly reduce car traffic in cities by providing people with a wide range of electric vehicles.

As part of its commitment to sustainability, the company has adopted the United Nations’ Sustainable Development Goals (SDGs) as a guiding framework and has set a clear agenda for reducing and offsetting emissions. As a result of these measures, TIER Mobility has been a climate-neutral company since January 2020.

TIER Mobility operates in 60+ cities in 9 countries. The company is headquartered in Berlin and employs about 500 people. Founders of the company are Lawrence Leuschner, Matthias Laug and Julian Blessin.

The company’s existing investors are Mubadala Capital, Goodwater Capital, White Star Capital, Northzone and many more. In addition, there are selected business angels and individual investors like Formula 1 World Champion Nico Rosberg.

For more information about TIER Mobility, please visit: www.tier.app. You can find more pictures here.

About the Management Team

The management team is composed of some of the most experienced and execution-driven entrepreneurs in Europe: Lawrence Leuschner (CEO & co-founder), Matthias Laug (CTO & Co-founder) and Alex Gayer (CFO).

Lawrence Leuschner was previously CEO and co-founder of reBuy, Europe's leading online used electronics and media retailer, a company dedicated to extending the life cycle of over 100 million products.

Matthias Laug brings tech and logistics experience to the team, having been co-founder and CTO at the food delivery startup Lieferando and later CTO at the tech unicorn Takeaway.com, supporting one of Europe’s most successful tech IPOs in recent years.

Alex Gayer has previously worked at some of the fastest growing tech companies in Europe, most recently as CFO of Receipt Bank and prior to that SwiftKey, overseeing its sale to Microsoft. Alex Gayer brings a track record and expertise in financing and scaling companies.