Electric Mobility Arrives in Rimini, Italy with MiMoto and Be Charge
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Helbiz, a global leader in micro-mobility that is the business combination target of GreenVision Acquisition Corp. (Nasdaq: GRNV), announced a partnership with Be Charge, a Be Power S.p.A. Group company dedicated to the deployment of charging infrastructures for electric mobility, to bring electric mobility to Rimini, Italy. Helbiz, which recently acquired MiMoto Smart Mobility S.r.l, the Italian leader in the scooter sharing market, will offer its innovative scooter sharing service across the city accompanied by Be Charge’s extensive charging network.
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Electric Mobility Arrives in Rimini, Italy with MiMoto and Be Charge (Photo: Business Wire)
This initiative is part of a wide-ranging project that aims to develop and spread electric mobility in Emilia-Romagna, a region in which there are already over 1,200 Helbiz vehicles, including electric bikes and electric scooters. Fifty MiMoto electric scooters will be initially available to residents and visitors in the resort of Romagna across the city center and along the coast. Be Charge currently operates more than 370 recharging stations in Emilia-Romagna, of which 84 points are being activated in Rimini.
The city of Rimini is paving the way as an innovator and pioneer of electric mobility with MiMoto's electric scooters and Be Charge's charging stations. To underscore the technological spirit of Emilia-Romagna and the city of Rimini, the launch ceremony of this initiative was presided by the Councillor for Mobility and Transport, Infrastructure, Tourism and Commerce of the Emilia-Romagna Region, Andrea Corsini, accompanied by the Mayor of Rimini, Andrea Gnassi.
Both MiMoto and Be Charge share the core values of environmental sustainability and improving people’s lives through smart mobility and the sharing economy. Additionally, the two companies partnered with the Emilia-Romagna region and the city of Rimini, an area rich with the spirit of innovation that understood the importance of environmental sustainability and its global impact.
The partnership with Be Charge will also make it easier to rent vehicles throughout the territory and to offer value-added services. Among these services, there will be a seamless way to share during car recharging time, which takes the concept of intermodality to a new level in terms of efficiency and sustainability.
"Rimini was one of the first cities in Italy to invest in electric micro-mobility, serving as a point of reference in the country for the experimentation of new forms of sustainable mobility,” said the mayor of Rimini Andrea Gnassi. “Shared scooters are now a reality, and we will soon start with the experimentation of electric car sharing. Today, the launch of Mimoto and Be Charge services project Rimini to be among the most advanced Italian tourist destinations, with a wide range of transportation offerings for citizens and tourists. These services are part of a path that Rimini has been following for years, which sees prioritizing the environment and reclaiming urban spaces as strategic factors for the city’s economic development. Cities must emerge from the pandemic with less smog and fewer cars, more well-being and more space. Thanks to the courage of its choices, Rimini is already on this path."
"Our development plan is ambitious,” said Roberto Colicchio, Head of Business Development of Be Charge. “We plan to install about 30,000 charging points throughout Italy in the next 3-5 years that will provide 100% energy from renewable sources, for a total investment of over 150 million euros. We are already well on our way with over 3,500 charging points already installed and the same number already authorized. The role of municipalities remains central to enabling this development because, only with the collaboration of local authorities, can we build the charging infrastructure for electric vehicles needed in our country. Rimini is the perfect example of a city that has enabled the involvement and collaboration of different operators such as Helbiz and Be Charge to meet the mobility needs of citizens and tourists."
"We are extremely proud to arrive in Rimini for the summer of 2021,” said the three founders of MiMoto Alessandro Vincenti, Gianluca Lorio and Vittorio Muratore. "We are excited to bring our services to Romagna given our philosophy, which is characterized by sharing and sustainability that has an even stronger meaning in a seaside city like Rimini. Today, the MiMoto scooter sharing service has become strategic for moving around the city, contributing to the community and the municipal administration by acting as a support for both public and private transport."
The service is accessible to anyone who downloads the MiMoto app, available for iOS and Android. On the app, users can search for the nearest e-scooter and book the ride at a cost of 0.35 euros per minute, 14.90 euros per hour or 59 euros for the entire day. Each MiMoto scooter is approved for two passengers and comes with two helmets of different sizes in the top box, equipped with hygienic perfumers, disposable hygienic caps and a self-drying helmet foam for the safety of users.
To recharge at Be Charge recharging stations, users can download and register on the Be Charge app on iOS and Android. The app also enables users to view the map of all Be Charge charging stations in the area, check availability in real time and the type of socket of the various charging points, as well as the price in €/kWh delivered. The cost of the recharge will be directly charged to the credit card associated with the user's account. If the device is equipped with a navigator (Google Maps or Apple Maps), driving instructions are offered to reach the individual charging stations. Once the recharge is activated, it is possible to monitor its progress directly from the App. The call center is always available 24/7.
ABOUT HELBIZ
Helbiz is a global leader in micro-mobility services. Launched in 2016 and headquartered in New York City, the company operates e-scooters, e-bicycles and e-mopeds in over 30 cities around the world including Washington, D.C., Alexandria, Arlington, Atlanta, Jacksonville, Miami, Milan, Richmond and Rome. Helbiz utilizes a customized, proprietary fleet management platform, artificial intelligence and environmental mapping to optimize operations and business sustainability. Helbiz announced on February 8, 2021 it has entered into a merger agreement with GreenVision Acquisition Corp. (Nasdaq: GRNV) ("GreenVision") a SPAC, which, upon closing, will result in Helbiz becoming the first micro-mobility company listed on Nasdaq.
ABOUT GREENVISION
GreenVision Acquisition Corp. is a special purpose acquisition company formed under the laws of the State of Delaware for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
ABOUT BE CHARGE
Be Charge is a company of Be Power S.p.A. Group dedicated to the diffusion of charging infrastructures for electric mobility. Be Charge is developing one of the largest and most capillary networks of public charging infrastructures for electric vehicles in Italy to make a decisive contribution to the development of a sustainable mobility system. Thanks to an internally developed and technologically advanced platform, Be Charge is able to offer an efficient recharging service to all owners of electric vehicles, and to recharge throughout the national territory. Within the sector supply chain, Be Charge plays both the role of manager and owner of the charging infrastructure network (CPO - Charge Point Operator) and that of charging and electric mobility service provider that interfaces with electric vehicle users (EMSP - Electric Mobility Service Provider). Be Charge's charging stations are in alternating current from 22 kW, and in direct current up to 300 kW. The industrial plan of Be Charge foresees the installation in the next years of about 30 thousand charging points that will supply 100% green energy, coming from renewable sources.
Forward-Looking Statements
Certain statements made in this press release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, actual results may differ materially from the Company’s or GreenVision’s expectations or projections. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement; (ii) the ability of the Company to meet Nasdaq listing standards following the transaction and in connection with the consummation thereof; (iii) the inability to complete the transactions contemplated by the Merger Agreement due to the failure to obtain approval of the stockholders of the Company or the stockholders of GreenVision or other reasons; (iv) the failure to meet the minimum cash requirements of the Merger Agreement due to GreenVision stockholder redemptions and the failure to obtain replacement financing; (v) the failure to meet projected development and production targets; (vi) costs related to the proposed transaction; (vii) changes in applicable laws or regulations; (viii) the ability of the combined company to meet its financial and strategic goals, due to, among other things, competition, the ability of the combined company to pursue a growth strategy and manage growth profitability; (ix) the possibility that the combined company may be adversely affected by other economic, business, and/or competitive factors; (x) the effect of the COVID-19 pandemic on the Company and GreenVision and their ability to consummate the transaction; and (xi) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission (the “SEC”) by the Company. Additional information concerning these and other factors that may impact the Company’s expectations and projections can be found in GreenVision’s periodic filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2019. GreenVision's SEC filings are available publicly on the SEC's website at www.sec.gov. Any forward-looking statement made by us in this press release is based only on information currently available to GreenVision and Helbiz and speaks only as of the date on which it is made. GreenVision and Helbiz undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law.
Additional Information about the Transaction and Where to Find It
In connection with the proposed business combination, GreenVision filed a preliminary proxy statement with the SEC. Additionally, GreenVision will file other relevant materials with the SEC in connection with the business combination. Copies may be obtained free of charge at the SEC’s web site at www.sec.gov. Security holders of GreenVision are urged to read the definitive proxy statement and the other relevant materials when they become available before making any voting decision with respect to the proposed business combination because they will contain important information about the business combination and the parties to the business combination. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release. GreenVision’s stockholders may also obtain a copy of the preliminary or definitive proxy statement, once available as well as other documents filed with the SEC by GreenVision, without charge, at the SEC’s website located at www.sec.gov or by directing a request to: GreenVision Acquisition Corp., One Penn Plaza, 36th Floor, New York, New York 10019.
Participants in Solicitation
GreenVision and its directors and officers may be deemed participants in the solicitation of proxies of GreenVision’s shareholders in connection with the proposed business combination. Helbiz and its officers and directors may also be deemed participants in such solicitation. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of GreenVision’s executive officers and directors in the solicitation by reading GreenVision’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, and the definitive proxy statement and other relevant materials filed with the SEC in connection with the business combination when they become available. Information concerning the interests of GreenVision’s participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, will be set forth in the definitive proxy statement relating to the business combination when it becomes available.
Non-Solicitation
This press release does not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction. This press release also does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities will be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.
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