Bolt is co-financing premium electric vehicles in European cities to help drivers transition to electric transport and provide users with more low-emission mobility options.
The initiative has begun in Estonia, Poland, Portugal, and Azerbaijan, supporting fleet companies in adding Teslas and other premium electric vehicles. It will expand to 10 cities in 2024 and scale up in 2025.
Key Highlights
- Support for Fleet Owners: Co-financing new electric cars in several European countries to make EV ownership more accessible.
- Partnering with Fleet Owners: Expanding partnerships with existing fleet owners and potentially new ones.
- Encouraging User Feedback: Bolt users are encouraged to book rides in Electric, Green, or Tesla ride types and provide feedback via the app.
How to Ride Electric with Bolt
Users can select the Green, Electric, or Tesla ride type to be picked up by a green Tesla or another electric vehicle.
Bolt’s Commitment to Electric Vehicles
Bolt is dedicated to investing in low-emission mobility for a better future, facilitating the switch to electric vehicles for both drivers and riders.
Improving Electric Vehicle Access for Drivers
Bolt’s survey identified key barriers to EV adoption:
- Electric vehicle costs: 35% of respondents.
- Low awareness of EVs: 60% of respondents.
- Charging availability and costs: 72% of respondents.
Bolt collaborates with policymakers, financiers, and charging infrastructure developers to address these issues.
Partnerships to Enhance Charging Infrastructure:
- Baltics: Partnered with Eleport to install 750 charging points and launch an EV charging incentive program.
- Spain: Repsol provides drivers with 100% renewable energy recharging services.
- UK: Invested £250,000 in EV infrastructure with Ubitricity, partnered with Weflex and Splend for rent-to-own solutions.
- Netherlands: Collaborating with Shell for EV charging discounts.
- Malta: Partnered with Buzzz Electric and BYD for an electric 3-wheeler service.
- France: Partnered with Electra for charging discounts and invested €50M to support drivers in acquiring EVs.
- Portugal: Partnered with EDP for charging discounts.
- Kenya: Launched an electric motorbike pilot with M-KOPA, Ampersand, and Roam.
Enhancing EV Access for Bolt Customers
Survey Insights: 60% of surveyed customers are more likely to use Bolt if EVs are accessible.
Availability: Electric, Green, or Tesla ride types are available in over 70 cities across Europe and Africa, with ongoing expansion.
Long-term Goals
Bolt aims to become carbon net-zero by 2040. Supporting the transition to electric vehicles for drivers, fleets, and customers is crucial to reducing emissions.
Creating People-Centric Cities
Increasing the share of electric vehicles is part of Bolt’s mission to make cities more livable, reducing congestion and pollution by prioritizing people over private cars. Shared mobility platforms play a vital role in this transformation.
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