On Wednesday, Estonia’s Bolt, a ride-sharing service provider, launched its own electric scooter model with the aim of launching the scooter service in more than 45 cities this summer.
The Estonian company has grabbed business from Uber in many major African and Eastern Europe cities. Bolt has more than 30 million users in over 35 countries.
“A lean mindset and efficient operations have helped Bolt to bring quick, affordable and reliable urban transport services to millions of people in Europe and in Africa,” said Dmitri Pivovarov, head of Bolt’s scooter business said in a statement.
In a statement Bolt said, its design and engineering of the scooter are focused around modularity, making it easily repairable and lowering the cost of maintenance for the ride-sharing service.
Founded in 2013, Bolt has raised more than $200 million from investors, including Daimler and China’s Didi Chuxing Technology Co.