Ann: GO Sharing orders 2,000 units to expand ride sharing, page-17

Doing a bit more digging on Go Sharing.

Secured $10m eur (@$16m AUD) druing January to kick off their their 2020 program into 20 cities in Netherlands (that's a lot of bikes, even in stage 1). So that is the start and then into Belgium and rets of Europe. Rabobank's RCI section involved. This mob is not muckiing around.

Belgium will come after Netherlands (later this year) and then rest of Europe.

They are (laregly) primarily ride share but also offer monthly hire arrangements to small business operators.

Interestingly, RCI appears to have been convinced of the plan becuase of the groundwork / processes that Greenmo have done. I imaging that Greenmo will get seprate additional funding re their burgeoning fleet lease ops in Netherlands and UK. That ought to provide another 'boost' to VMT sales in the not too distant.

Somme links for anyone interested. I hit the 'translate' button - Dutch to English - so a bit strange in some parts, grammer wise, but you will get the picture.

https://rabocorporateinvestments.com/rabo-growth-capital/scale-ups

https://go-sharing.nl/2020/01/28/10-miljoen-voor-e-scooter-deelsysteem-go-sharing/

The update last week mentioned vmotosoco currentlt 'servicing' 3 providers. I count 4. Also talking to another 9 (?). So this segment alone is going to provide an increasing bonanza. Repeat annual sales once these mobs get up an running.

Cheers