Nowadays, more than 51% of urban mobility still relies on cars. It is estimated that every kilometre driven by car costs a city and its citizens 30 to 40 cents. By contrast, every bicycle kilometre generates an overall benefit to society of at least one euro. With this in mind, the bicycle traffic in major cities is expected to increase by 18 percent by 2030.
Moving one step further, to the concept of Mobility as a Service (MaaS), new solutions appear, such as the one proposed by Roetz. This Amsterdam-based circular bicycle brand combines their e-bikes with a data-driven service, to greatly reduce the total cost of ownership during the entire product lifecycle. In their latest financial round, Veth investments, among other investors, have contributed to the EUR 1.8 Mln round.