Tier makes e-mopeds disappear from the streets – t3n – digital pioneers

In addition to e-scooters, Tier also had e-mopeds on offer. (Photo: animal)

The e-scooter provider Tier Mobility is getting the e-mopeds taken over by Coup off the road again in 2020. Simple reason: too expensive. However, Tier wants to continue upgrading when it comes to e-scooters and e-bikes.

In November 2019, the Bosch subsidiary Coup had to give up. A few weeks later, Tier Mobility grabbed the approximately 5,000 e-mopeds and the charging infrastructure from Coup.

Almost three years ago, Tier did not see the fact that Coup had given up the e-moped business due to a lack of economic prospects as a problem. With its experience in the e-scooter sector, its own customer base and “synergies in charging logistics”, Tier wanted to operate the e-moped fleet economically.

But that doesn’t seem to have worked. Like the portal Movinc reports, Tier will phase out the operation of its e-mopeds in Germany at the end of 2022. The vehicles, Tier said, would “gradually disappear from the roads and not return.”

The plan change is obviously for cost reasons. On the way to profitability, the necessary high investment costs in the software and hardware of the e-mopeds would no longer pay off, according to Tier.

However, the other vehicles, e-scooters and e-bikes are not available. Tier is now focusing on these fleets, a spokesman told Movinc. Work is being done on “expanding our market leadership in Germany and worldwide”.

At Tier, after the previous expansion course with the acquisitions of Makery, Wind Mobility, Nextbike and Spin, reaching the black numbers seems to be in the foreground, like it at the start-up scene is called.

At the end of October 2021, Tier received a cash injection from Softbank and Mubadala Capital, after which the Berlin startup was valued at two billion US dollars. In August 2022, however, 180 employees had to leave, around 16 percent of the workforce at the time.