• Re: Bolt Mobility has vanished, leaving e-bikes, unanswered calls behin

    From Invest woke? Go Broke!@21:1/5 to governor.swill@gmail.com on Mon Aug 1 08:15:37 2022
    XPost: alt.disney, alt.politics.democrats.d, alt.fan.rush-limbaugh
    XPost: talk.politics.guns

    In article <t2p7ks$3pfvj$253@news.freedyn.de>
    <governor.swill@gmail.com> wrote:

    Very happy to see Swallwell fail after his immature ignorant behavior with a Chink whore spy.

    Monkey Pox, right on time to give Democrats an excuse to cheat in the next election.

    Bolt Mobility, the Miami-based micromobility startup co-founded
    by Olympic gold medalist Usain Bolt, appears to have vanished
    without a trace from several of its U.S. markets.

    In some cases, the departure has been abrupt, leaving cities
    with abandoned equipment, unanswered calls and emails and lots
    of questions.

    Bolt has stopped operating in at least five U.S. cities,
    including Portland, Oregon, Burlington, South Burlington and
    Winooski in Vermont and Richmond, California, according to city
    officials. City representatives also said they were unable to
    reach anyone at Bolt, including its CEO Ignacio Tzoumas.

    TechCrunch has made multiple attempts to reach Bolt and those
    who have backed the company. Emails to Bolt’s communications
    department, several employees and investors went unanswered.
    Even the customer service line doesn't appear to be staffed. The
    PR agency that was representing Bolt in March of this year told
    TechCrunch it is no longer working with the company.

    Bolt halted its service in Portland on July 1. The company’s
    failure to provide the city with updated insurance and pay some
    outstanding fees, Portland subsequently suspended Bolt’s permit
    to operate there, according to a city spokesperson.

    Bolt zooms than stalls
    Bolt Mobility (not to be confused with the European
    transportation super app also named Bolt) was on what appeared
    to be a growth streak about 18 months ago. The company acquired
    in January 2021 the assets of Last Mile Holdings, which owned
    micromobility companies Gotcha and OjO Electric. The purchaser
    opened up 48 new markets to Bolt Mobility, most of which were
    smaller cities such as Raleigh, North Carolina, St. Augustine,
    Florida and Mobile, Alabama.

    After purchasing Last Mile's assets, Bolt agreed to continue as
    the bike share vendor in Chittenden County, Vermont, including
    cities Burlington, South Burlington and Winooski.

    That license was even renewed in 2022, said Bryan Davis, senior
    transportation planner of the county.

    “We learned a couple of weeks ago (from them) that Bolt is
    ceasing operations,” Davis told TechCrunch via email, noting
    that Bolt ceased operations July 1, but actually informed the
    county a week later. “They’ve vanished, leaving equipment behind
    and emails and calls unanswered. We’re unable to reach anyone,
    but it seems they’ve closed shop in other markets as well.”

    Sandy Thibault, executive director of Chittenden Area
    Transportation Management Association, told the Burlington Free
    Press that Bolt communicated that employees were being let go
    and the company’s board of directors was discussing next steps.

    A spokesperson at Burlington relayed similar information.

    “All of our contacts at Bolt, including their CEO, have gone
    radio silent and have not replied to our emails,” Robert
    Goulding, public information manager at Burlington’s Department
    of Public Works, told TechCrunch.

    Davis went on to say that about 100 bikes have been left on the
    ground completely inoperable and with dead batteries. Chittenden
    County has given Bolt a time frame in which to claim or remove
    the company’s vehicles otherwise the county will take ownership
    of them.

    Bolt also appears to have stopped operating in Richmond,
    California, according to Richmond Mayor Tom Butt’s e-forum.

    “Unfortunately, Bolt apparently went out of business without
    prior notification or removal of their capital equipment from
    city property,” wrote Butt. “They recently missed the city’s
    monthly meeting check-in and have been unresponsive to all their
    clients throughout all their markets.”

    Butt went on to say that the city is coming up with a plan to
    remove all the abandoned equipment – about 250 e-bikes that were
    available at hub locations like BART stations and the ferry
    terminal – and asked people to refrain from vandalizing the
    bikes until the city could come up with a solution.

    TechCrunch has reached out to several other cities in which Bolt
    operates and has not been able to confirm that the company has
    stopped operating entirely. In fact, a spokesperson from St.
    Augustine told TechCrunch Bolt’s bike share was running as usual.

    Bolt’s social media has also been rather inactive in recent
    weeks. The company hasn’t posted on Instagram since June 11 or
    on Twitter since June 2.

    The last time TechCrunch heard from Bolt was nine months ago
    when the company was peddling its in-app navigation system that
    it dubbed “MobilityOS.” At the time, the startup promised that
    its next generation of scooters would include a smartphone mount
    that would double as a phone charger, but it’s unclear if those
    scooters ever hit the streets.

    Bolt has publicly raised $40.2 million, an amount that doesn’t
    include an undisclosed investment from India’s Ram Charan
    Company in May. Investors there could not be reached for comment.


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