Voi Technology AB

So I was surprised to find out that privately owned e-scooters are illegal on UK roads.

The only ones that are allowed are part of rental schemes that are being trialled around the country with companies like Lime, Voi, Dot.

Other e-scooter operators are available there.

But despite the law, the Department of Transport says that between 760,000 and 1.2 million people in England over 16 own a private e-scooter.

So we are sort of up there with the other top players.

I think to mention a few, Voi and Lime are also doing really well on generating revenue with their vehicles.

So revenue per vehicle per day.

But where we really differentiate is on the cost side.

But obviously we want to be part of that.

And I think if you're talking five years down the road, it could be a lot of things.

Yeah, there's a lot of work to do because Voi is growing at 30 odd percentage.

Lime is growing at another 30 percentage.

I want to broaden it out.

Do you consider Brompton Bike Hire to be in competition, in the case of London, with Lime, Santander, Voi, Forest, the existing bike share companies?

I suppose everybody's in competition, but the competition is as much the Tube, the bus, the car, as it is Voi, Lime, Forest, or any of the other providers.

To my mind, I think those guys have succeeded where the bike industry has failed.

They have done an amazing job.