Etergo, producer of the Dutch ‘Tesla of scooters’ received €10 million from a German automotive specialist. The startup will be using this investment to set up the large-scale production for the AppScooter, the first model of Etergo. The first e-scooters will be on the Dutch and German roads around the second half of 2019.
New knowledge and expertise
With this investment Etergo got more than just capital. With the knowledge and expertise of the investor in the field of automotive and service, the start-up can roll out the best service network in Europe. Etergo will use the new capital and knowledge to produce an alternative for air-polluting, recyclable petrol scooters on large scale. The kick-off is in the Netherlands and Germany, but soon after that Etergo will introduce the AppScooter in other countries. The Dutch automotive startup is also planning to open pre-orders in Asia in the upcoming days.
A few months back, Amsterdam-based Bolt Mobility has renamed themselves Etergo and showcased the final variant of their electric scooter named AppScooter. The innovative e-scooter has a 7-inch LED touchscreen display and a 60L storage space. It can accelerate up to 45kmph in less than four seconds and its battery can run up to 240 km. The AppScooter has handlebar controls to take calls and stream music without pulling out the smartphone. It is the world’s first scooter to run Android apps and has inbuilt GPS and access to 4G connectivity in its cockpit. The e-scooter comes with electronically controlled locks.