Shared Micromobility Company Pony Wins Start Up Prize

Brussels / Belgium

The European Startup Prize for mobility (EUSP) is an EU-founded Acceleration and Investment Programme for sustainable mobility start-ups. This initiative aims to support and scale up smart and sustainable mobility start-ups all across Europe. Each year, 500+ start-ups apply to its Acceleration and Investment programme. The EUSP provides multiple investment opportunities as a “one-stop-shop” to EU funds and private investors. In addition, 10 best start-ups benefit each year from a tailor-made mentoring and visibility in front of EU decision makers.

On 14th January 2021 French shared mobility company Pony was chosen by a jury of industry and political leaders as well as by the public among 550 innovative start-ups.

Pony is a French micro-mobility operator providing high end shared bikes and e-scooters. Created in 2017, Pony is operating in Angers, Bordeaux, Oxford and Grenoble, Liege and soon expanding to Brussels.

What makes Pony unique is the collaborative model: every bike and scooter is owned by a citizen, who can share it back to the other users and collect the revenue. Not only this model does empower the users (who respect the vehicles), but also ensure a wise and reasoned growth of Pony’s fleets.

Pony’s share fleets are exclusively recharged with renewable energy sources. The fleets are redistributed by electric cargo bikes and electric vans.

Individual purchasers of the bikes or scooters get a 50% share of the revenue.

Prices range from €1,790 (A$2,810) or €1,740 (A$2,730) for an ebike to €790 (A$1,240) or €990 (A$1,554) for a scooter.

Most of this article was first published on Cycling Industries Europe (CIE).