Ponooc invests in Movelo

Ponooc has acquired a significant stake in Bad Reichenhall based Movelo, a provider of e-bike sharing solutions for the b2b market. The investment will be used to accelerate the commercial roll-out of the Movelo product.

Plug & Play
Movelo provides companies with a plug & play system of e-bikes, docking stations and fleet management software which allows companies to provide their employees with an alternative to the car for their commute. E-bikes sales have grown at a rapid pace in recent years and are now perceived as a viable option for commutes up to 25 km’s. Movelo caught onto this trend early on and is now well positioned to profit.

Monthly Fee
Companies that wish to make use of the Movelo solution are charged a flexible monthly fee. Because the product is modular it is easy to expand or decrease the size of the fleet as demand for e-bikes among the employees varies. Movelo will be expanding its activities in the DACH region.

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