Usain Bolt co-founded Miami-based Bolt Mobility, a micro-mobility startup that has disappeared from many markets across the US. In some cases, the company left abruptly, leaving cities with abandoned devices, unanswered calls, and unanswered emails. According to city officials, the Bolt has stopped operating in at least five US cities, including Portland, Oregon, Burlington, South Burlington, Winkowski in Vermont, and Richmond, California. In addition, city officials could not get in touch with Bolt’s CEO, Ignacio Tzoumas.
Moreover, the Bolt ceased operations at Portland on 1 July. A city spokesman said Portland suspended Bolt’s permit after the company failed to provide updated insurance and pay some outstanding fees.
Furthermore, Amazon is taking a massive step in improving the environment. They are trying to remove all their Gas-running vans for home deliveries and replace them with electric.
Bolt Zooms As Opposed To Stalls
In the past 18 months, Bolt Mobility has been snowballing. Last Mile Holdings was acquired by the company in January 2021 and was owned by micro-mobility companies Gocha and Ojo Electric. As a result of Buyer’s acquisition, Bolt Mobility gained 48 new markets, primarily in smaller cities like Raleigh, North Carolina, St. Augustine, Florida, and Mobile, Alabama.
Usain Bolt has agreed to continue selling bike shares in Chittenden County, Vermont, which includes Burlington, South Burlington, and Winooski. Skarper introduced an e-bike conversion kit that transforms a regular bike into a pedelec. The kit has a DiskDrive that replaces the rear disc rotor of standard bikes.
In 2022, that license was also renewed, said Brian Davis, the county’s senior transportation planner.
A Spokesperson Shared Details About Bolt
In Burlington, Robert Goulding, public information manager at the Department of Public Works, has been unable to reach any of our contacts at Bolt, including their CEO.
According to Davis, about 100 bikes were completely inoperable and with dead batteries. Chittenden County has set a deadline for Bolt to claim or remove the company’s vehicles; otherwise, the county will take them.
The company appears to have also ceased operations in Richmond, California, according to Mayor Tom Butt’s e-forum.