Porsche unveils two new electric bikes alongside the Taycan Gran Turismo

Porsche is taking its electrification ambitions to two wheels.

The German automaker unveiled two electric bikes Thursday, alongside the global debut of the Porsche Taycan Cross Turismo, the latest variant to its EV flagship.

Both electric bikes are said to be inspired by the Taycan, Porsche’s first electric vehicle that kicked off its broader EV ambitions. While the underlying inspiration and foundation are the same— both have have full-suspension carbon frames — each bike has a slightly different purpose and customer.

The bikes are a collective effort. They were developed in collaboration with eBike expert Rotwild and use components from well-known bike parts manufacturers Shimano, Magura and Crankbrothers. High-design touches from Porsche — the spit and polish — and customers get a luxe ebike priced between $8,500 and $10,700.

The Porsche eBikes, both of which are manufactured in Dieburg, Germany, will be available this spring in three frame sizes at Porsche dealers and select specialist bicycle outlets.

The Porsche eBike Sport is priced at $10,700, while the ‘cheaper’ Porsche eBike Cross costs $8,549.

Porsche eBike CROSS_side-view-left

Image Credits: Porsche

The Porsche eBike Sport is designed as a daily rider. The bike is equipped with a new Shimano EP8 motor, which provides motor support up to 25 km/h (about 15 mph), an Shimano electronic gear shifting system and Magura high-performance brakes that are integrated into the handlebars. The Sport bike also has M99 LED lights from Supernova, which are embedded in the handlebar stem and aerodynamic seat post.

In addition, high-quality suspension components such as the Magura upside-down suspension fork and the Fox rear shock absorber, in combination with smooth-running tires, provide a sporty and balanced ride on asphalt or gentle terrain.

Meanwhile, the Porsche eBike Cross is aimed at riders who might be seeking rougher roads. The Cross has a new motor developed by Shimano, Magura-MT Trail high-performance brakes with extra-large, heat-resistant brake discs for deceleration and a mechanical Shimano XT 12-fold shifting system for quick gear changes. The seat post is hydraulically adjustable from Crankbrothers. The handlebars also have a Shimano color display, which shows not only speed but also distance and range in real time.


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Shared scooter startup Revel adds electric bike subscriptions to its business

Shared electric moped startup Revel will start offering monthly electric bike subscriptions in New York, the second new business venture the company has announced in the past several weeks.

Revel said Tuesday it was expanding its product line — which until the end of January consisted only of shared mopeds — to include monthly subscriptions to electric bikes. The subscriptions will be available to residents of Manhattan, Brooklyn, Queens and the Bronx. The bikes, which are manufactured by WING Bikes, come equipped with a 36-volt battery that can travel 45 miles on a single charge, pedal assist and can reach speeds of 20 miles per hour.

The monthly electric bike subscription plan will be offered for $99 a month and includes the bike rental, lock, battery and all repairs and maintenance. Revel promised that  maintenance on normal bike issues will be conducted within 24 hours of a customer reporting a problem. Users will also receive educational materials on bike laws, safety, and locking best practices at multiple touchpoints, including in-app and printed materials, according to the company.

Revel launched in 2018 with a shared fleet of electric mopeds. The company, which founded by Frank Reig and Paul Suhey, started with a pilot program in Brooklyn and later expanded to Queens, the Bronx and sections of Manhattan. It ramped up its business thanks to $27.6 million in capital raised in October 2019 in a Series A round led by Ibex Investors. In its first 18 months of operation, Revel expanded its shared moped business to other cities such as Austin, which has since shutdown, as well as Miami and Washington, D.C. Last year, the company launched in Oakland and received a permit in July 2020 to operate in San Francisco.

Revel bopped along as a shared moped business until February 3, when it announced plans to build a DC fast-charging station for electric vehicles in New York City. The company said that this new “Superhub,” which is located at the former Pfizer building in Brooklyn, will contain 30 chargers and be open to the public 24 hours a day. This will be the first in a network of Superhubs opened by Revel across New York City, the company said. Revel said at the time it would use Tritium’s new RTM75 model for the first 10 chargers at its Brooklyn site, which will go live this spring. These chargers are designed to deliver 100 additional miles of charge to an electric vehicle in about 20 minutes, according to Revel.

Now, it’s added a third business venture of electric bike subscriptions. And it appears Reig is ready to diversify further.

“Our mission at Revel is to electrify cities,” Reig said in an email to TechCrunch. “We are expanding into eBikes to continue to deliver on this mission, and to provide additional access to our users in cities like New York. Safe to say that this will not be our last big announcement in 2021.”

A waitlist will open up Tuesday and bikes will be delivered to customers starting in early March.

With $11 million in fresh capital, Bolt Bikes rebrands to Zoomo

Bolt Bikes, the electric bike platform marketed to gig economy delivery workers, has a new name and a fresh injection of $11 million in capital from a Series A funding round led by Australian Clean Energy Finance Corporation.

The round also included equity from Hana Ventures and existing investors Maniv Mobility and Contrarian Ventures, together with venture debt from OneVentures and Viola Credit.

The Sydney, Australia-based startup that launched in 2017 is now called Zoomo, a change that aims to better reflect a customer base that has expanded beyond gig economy workers to include corporate clients and everyday consumers. Mina Nada, co-founder and CEO of the newly named Zoomo, also told TechCrunch that he wanted to ensure the company wouldn’t be confused by other similarly named businesses.

“When we set up Bolt back in 2017, the name was fine in Australia, but as we’ve gone international we’ve come up against at least three other companies called Bolt, two of them in the mobility space,” Nada explained. On-demand transportation company Taxify rebranded as Bolt in May 2020. Another company known as Bolt Mobility provides shared scooter services.

Zoomo, which has operations in Australia, the UK, New York and soon in Los Angeles, sells its electric bikes or offers them as a subscription. Its primary business has been subscriptions for commercial use, which includes the electric bike, fleet management software, financing and servicing. Subscribers get 24-hour access to the bike. A battery charger, phone holder, phone USB port, secure U-Lock and safety induction is included.

Zoomo has sales and service centers in the markets where it offers subscriptions, which includes Sydney, New York and the UK. The company plans to use the new funding to expand its subscription footprint — which means adding physical sales and service centers — to Los Angeles and Brisbane as well as within New York.

The company’s strategy is to slowly expand where its subscription service is offered, while ramping up direct sales. The need for physical locations limits how quickly Zoomo can expand its subscription product. Selling the bikes to corporations and other users allows the company to generate more revenue, grow its geographic reach and build brand recognition as it slowly expands its more capitally intensive subscription service.

Zoomo also plans to use the funding to add new corporate categories such as parcel, mail and grocery deliveries that its bikes can be used for as well as other models better suited for individual consumers.

Hey Product Manager, Can I Ride Your Bike?

There is a lot of promise to new bike sharing services along with a lot of risk
There is a lot of promise to new bike sharing services along with a lot of risk
Image Credit: Jussi-Pekka Erkkola

If you lived in a modern city, how would you chose to get around town? Yes, you could always walk – however, that’s going to take a lot of time and you are going to be tired when you get where you are going. There are cabs / Uber / Lyft and these all work, but they can quickly become quite expensive. Most cities have buses and subways, but how far away from you is the closest stop and how close is it going to get you to where you want to go? In these modern times in which we are living, it turns out that you may have another option – ride a bike.

How Bike Sharing Services Work

This of course brings up the question, how would an urban bike sharing service work? First off, you need to understand that the bikes are not all stored in a single location. Instead, they are spread out individually all over the city. The bikes can be chained to a bike rack just about anywhere. Somebody who has a need for a bike simply opens up the Uber application on their smartphone and then reserves one of the available bikes. The bikes are GPS enabled so you can always find the available bike that is closest to you. When you are done using the bike you simply lock it and leave it. If product managers can make this service a success, then they will have something to add to their product manager resume.

In their product development definition, who is the product manager’s target market for this bike service? City dwellers who live at least a mile from the closest train station (too far to walk, too close to drive). Commuters who get off the train at least a mile from where they work are great potential customers. The cost for the bike service is US$2 per hour and then seven cents for each minute after that. These bikes are electric bikes and so the rider doesn’t even have to pedal. When the rider is done with the bike, the bike can be dropped off anywhere within the service’s sharing boundaries which generally cover about half of a city. The benefits of a bike program like this is that it could go a long way in eliminating traffic jams, make travel cheaper for all of us, and could even potentially have a big impact on our environment.

As great as this service may seem, in some cities where such a service has been started (Paris, Zurich, and in China) they have run into problems. The market for bikes that you can use at any time is an unregulated market. In these cities, abandoned bikes have started to be found on every street. The bikes get vandalized, they get driven into lakes, they also get stolen and then stripped for parts. The market for bike services is very competitive and this means that a number of start up firms have both come and gone already. In the U.S., the product managers who are thinking about launching a bike service have seen what has happened to similar services in China and are now working to find ways to make sure that the same things don’t happen to them.

Whats The Future Look Like For Bike Sharing Services?

In general, cities view bike services in a positive light. The cities are slowly starting to welcome the new services. They are in the process of developing new regulations to limit the number of competitors will be permitted and what types of bikes the city will allow to be driven on their streets. Users can run into problems when trying to use bikes. Sometimes bikes will have broken seats and their electric batteries may be dying. Some bikes may have had their motor and / or battery removed. When a customer wants to purchase a ride, they may be beaten to a bike by another rider.

The firms that offer these bikes are trying to come up with solutions to the problems that their customers are running into. One firm allows riders to reserve a bike ahead of time – and start paying for it when the reservation is made. Some services require you to use their provided locks to secure a bike to a pole or a rack in order to stop charging you for using the bike. This makes the bikes harder to steal and ensures that riders won’t just leave them behind. One of the biggest problems that bike customers run into is that they simply can’t find the bike that they are looking for. There can be a number of reasons for this. GPS does not work very well when there are tall buildings around. Additionally, sometimes people end up leaving bikes indoors.

The new bike services do come with their share of critics. One of the biggest issues that critics have with the bike sharing systems is that they come with very little accountability. When someone parks a bike, all of sudden it is no longer their responsibility. When a bike gets stolen, thrown into a river, or stripped for parts the bike company can’t tell if it was the rider’s fault or someone else’s. What the product managers at the bike companies are starting to discover is that when the service first rolls out in a new city, there will be some destruction of their property. However, after a few months the bikes become part of the background of the city and the destruction drops off.

What All Of This Means For You

Transportation in big cities has always been a major challenge. All too often people find themselves living and working too far away from city transportation solutions such as subways and buses. The alternative, walking or driving, often are not good substitutes. Product managers have identified this problem and taken a look at their product manager job description in order to find a solution. The arrival of bike sharing services appears to provide a low-cost solution to the challenge of being able to quickly cover a great deal of distance in an urban environment.

The new bike services make it easy to get and use a bike. You use your Uber application to reserve a bike, you unlock and ride the bike, and then upon reaching your destination you simply lock it up again. Product managers are targeting customers who live over a mile away from a subway stop or who have to walk more then a mile upon arriving at work. Bike services have run into problems. In some cities, bikes have been stolen and abandoned, thrown into rivers, and stripped for parts. Cities are only now starting to work out the rules that that want to use to govern how bike sharing services operate. Bike sharing product managers are working to solve the problems that their customers are running into such as allowing riders to reserve a bike ahead of time. One of the biggest problems with bike sharing services is that once a bike is dropped off, the rider no longer feels any responsibility towards it.

For the longest time, urban environments have had a transportation challenge that they have not been able to solve. Some distances that have to be traveled in a city are just too long to be walked and city transportation routes don’t cover it well. Cabs do a good job of allowing people to travel from point-to-point, but they are very expensive. The new bike sharing services might be just what people need. There are some challenges with these new services that still need to be worked out. However, if the product manager can solve these problems, then perhaps we’ll all be riding bikes more in our future!

– Dr. Jim Anderson
Blue Elephant Consulting –
Your Source For Real World Product Management Skills™

Question For You: How could bike sharing services make riders feel more responsible for the bike that they just finished riding?

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What We’ll Be Talking About Next Time

Let’s face it: Amazon is a very big company and they have done a lot of different things very well. However, it turns out that they may not yet be able to do everything perfectly. One area where the Amazon product managers are still struggling is in Europe. Specifically, when it comes to selling both apparel and footwear they have not yet quite figured out what Europeans really want. What can the Amazon product managers do to fix this problem?

The post Hey Product Manager, Can I Ride Your Bike? appeared first on The Accidental Product Manager.

Lyft pulls e-bikes in light of apparent battery fires

Lyft is pulling its e-bikes from the streets of San Francisco, as well as from those in the South Bay Area in light of two recently catching on fire. The first reported fire took place over the weekend, with the second one happening today, according to the San Francisco Examiner.

“Out of an abundance of caution, we are temporarily making the ebike fleet unavailable to riders while we investigate and update our battery technology,” a Lyft spokesperson told TechCrunch. “Thanks to our riders for their patience and we look forward to making ebikes available again soon.”

The timing couldn’t be worse for Lyft, which recently obtained the right to deploy its dockless pedal-assist bikes in the city following a lawsuit against San Francisco. But with its bikes catching on fire, it surely does not help its argument that it should be the sole provider of bike-share services in the city.

This also isn’t the first time Lyft has experienced issues with its e-bikes. In April, Lyft paused its e-bike operations in New York and San Francisco due to injuries associated with overly responsive brakes. It wasn’t until June when Lyft deployed its newly-branded e-bikes in San Jose, Calif.

It’s worth noting that Lyft is not the only micromobility service to experience apparent battery issues. Both Skip and Lime have had to pull their electric scooters in light of the vehicles catching on fire.

I’ve reached out to the SFMTA and will update this story until I hear back.

Uber launches a Jump e-bike pilot in London, one year on from winning taxi license appeal

After admitting it had to modify some of its Jump electric bikes to fix braking issues — the same problem that had halted Lyft’s e-bike business — Uber is getting back on its bike, so to speak. Almost one year after nearly getting driven off London’s streets completely by losing its taxi operating license, Uber today announced the launch of Jump e-bikes in London. The service is kicking off with a pilot of 350 bikes in the borough of Islington, with plans to expand to more areas of the city in the coming months.

If you are in the catchment, Jump Bikes will now appear as an option in your Uber app alongside UberPool, UberX and public transportation data — which was added three weeks ago.

Pricing for the dockless Jump bikes is modelled on how Jump works in the US: it costs £1 to unlock a bike, and then £0.12 per minute to ride it, with your first five minutes free. The electric pedal-assist responds to pedal pressure, and can give a boost to help you ride up to 15 miles per hour. If you park a bike outside of the allowed range (currently, Islington), you get warning on the app. And if you leave the bike parked there, you get a £25 fine.

“There is now one more transport alternative for the 3.5 million people who use the Uber app in the capital,” said Jamie Heywood, Uber’s GM for Northern and Eastern Europe. “Over time, it’s our goal to help people replace their car with their phone by offering a range of mobility options – whether cars, bikes or public transport, all in the Uber app.”

Ride-sharing companies like Uber and Lyft, built on hailing cars through apps, have been gradually incorporating other forms of transportation on to their platforms to diversify what they offer to consumers, and to provide a more open and accessible face to local regulators.

In urban areas, sometimes taking cars is excessive or impractical because of the distances covered, or the traffic situation, or because the passenger wants to do something more active than sit in the back of a Prius. (It’s not the only one: as we reported a couple of weeks ago, Uber’s soon-to-be-Middle Eastern business Careem, which it’s buying for $3.1 billion, has also been working on buying a bike startup.)

That has led to adding in other “vehicles” like bikes and scooters, as well as public transportation for those who want to walk a little as well. The bigger idea is that even in cases where the operator — Uber, in this case — is not getting a cut on the ride (as in the case of public transportation), or actually making very little on the ride while also taking on more overhead (as it does with owning bike fleets where average rides are likely to be under $10), it’s helping create a habit. It wants to be the app a consumer turns to for any transportation-related need.

But it’s not just about consumer choice. It was almost a year ago that Uber won a hotly-contested appeal in the London courts to get an extension of its vehicle-operating license in London (which had been snapped away from it by angry regulators) while it worked on fixing some of the issues that it had with its service: adding more environment-friendly, and car traffic congestion-reducing, options like e-bikes is also part of that effort.

Still, micro-mobility — the term for two-wheeled vehicles and the short rides and small fees that are typically collected around them — has had something of a bumpy road in London and other markets.

We still do not have any on-demand scooter services (electric or otherwise) running widely in London. Part of the reason is that the UK’s Department of Transportation and Transport for London (the city’s local authority) — have not yet determined whether and how to change electric scooters’ classification for open-road use.

Currently, electric scooters are classified as light electric vehicles and are illegal on both roads and sidewalks, so can only be used on private property, making any wide commercial rollouts impossible. To date, the only electric scooter businesses that we have seen launched in the UK have been pilots in closed campuses, like the Bird scooter service in the Olympic Village started last year.

There are a number of electric scooter services already available in other markets in Europe — Paris, where you might find kids giving each other lifts and couples romantically co-riding on single vehicles, is apparently one of the largest e-scooter markets in the world now — but these are facing other problems, such as malfunctioning vehicles, and vast, clutter-ific oversupply. That’s not stopping money from pouring into the startups, though!

Bikes have also had issues: a number of the companies that confidently launched services a year ago have either collapsed or significantly curtailed operations. Some are recapitalising and trying once more on a different footing. Mobike, which is currently raising money to complete a spinoff from its Chinese parent, also wants to add alternative forms of transport, which could include e-bikes and scooters, to its fleet.

Electric bikes — despite some notable hiccups in the US, such as Lyft’s service halt, executive changes and layoffs — are a story that has yet to be fully played out.

If you were to walk through many parts of the city today, you’d likely see multiple Lime e-bikes alongside the plethora of other shared bikes that can be picked up and used on-demand.

The city is sprawling enough that walking might take a bit too long, and congested enough that any motorised car or bus also doesn’t inspire, with a good enough amount of inclines that regular bikes face a barrier from some: the perfect environment for e-bikes, some might say.

That’s given Uber a big fillip to move ahead with the Jump launch here now.

“We’re excited to bring JUMP bikes to Islington, our first launch in London. With our electric bikes, we hope to encourage more people to try an environmentally friendly way to get across the city,” said Christian Freese, General Manager of JUMP, EMEA, in a statement.

“Our JUMP bikes have been designed with safety in mind, with a sturdy frame and a bright red colour that makes them visible to other road users. The app explains features of the bike before your first trip so you can ride confidently. We encourage everyone to think about wearing a helmet, follow all traffic laws and break early and gradually.”

Unlike its original forays into car-sharing, Uber’s move with bikes has been made with playing-nice in mind.

“We’re working hard to make Islington an attractive and easier place to walk and cycle. We’re pleased to welcome JUMP to Islington – bike sharing offers a simple way for many residents, workers and visitors to get around quickly, cheaply and conveniently,” said Claudia Webbe, a councillor in the borough of Islington who is also executive member for Environment and Place. “Shared electric bikes are accessible to many people of different ages and fitness levels, and can help encourage even more people to switch to cycling, which is healthier and more environmentally friendly.”

Uber is exploring autonomous bikes and scooters

Uber is looking to integrate autonomous technology into its bike and scooter-share programs. Details are scarce, but according to 3D Robotics CEO Chris Anderson, who said Uber announced this at a DIY Robotics event over the weekend, the division will live inside Uber’s JUMP group, which is responsible for shared electric bikes and scooters.

The new division, Micromobility Robotics, will explore autonomous scooters and bikes that can drive themselves to be charged, or drive themselves to locations where riders need them. The Telegraph has since reported Uber has already begun hiring for this team.

“The New Mobilities team at Uber is exploring ways to improve safety, rider experience, and operational efficiency of our shared electric scooters and bicycles through the application of sensing and robotics technologies,” Uber’s ATG wrote in a Google Form seeking information from people interested in career opportunities.

Back in December, Uber unveiled its next generation of JUMP bikes, with self-diagnostic capabilities and swappable batteries. The impetus for the updated bikes came was the need to improve JUMP’s overall unit economics.

“That is a major improvement to system utilization, the operating system, fleet uptime and all of the most critical metrics about how businesses are performing with running a shared fleet,” JUMP Head of Product Nick Foley told TechCrunch last month. “Swappable batteries mean you don’t have to take vehicles back to wherever you charge a bike or scooter, and that’s good for the business.”

Autonomous bikes and scooters would make Uber’s shared micromobility business less reliant on humans to charge the vehicles. You could envision a scenario where Uber deploys freshly-charged bikes and scooters to areas where other vehicles are low on juice. Combine that with swappable batteries (think about Uber quickly swapping in a new battery once the vehicle makes it back to the warehouse and then immediately re-deploying that bike or scooter), and Uber has itself a well-oiled machine that increases vehicle availability and improves the overall rider experience.

Uber declined to comment.