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One-stop shop for electric bikes and bicycles
movsbike.comLast updated
In short: MOVS expanded its sustainable mobility ecosystem through new bike models, strategic B2B partnerships, and an integrated multi-solution platform.
It integrates Elcykelvaruhuset and Urban Benefit into Sweden's first multi-solution platform for e-bikes, covering production, sales, subscriptions, and employee benefits. MOVS expects 60% customer growth in 2025.
The company secured approximately 45m SEK to develop its own electric vehicles, digital platform, and enter new markets. Investors include Jula Holding and Svea Bank.
The capital is used for own electric vehicles, new markets in Sweden and Europe as well as digital platform. Investors include Jula Holding and Svea Bank.
Start in Denmark, Germany and the Netherlands. Goal: 200 000 subscribers and 700 MSEK revenue by 2027.
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Release Date: February 26, 2026For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Move Logisti...
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