Hey AFD, I would think that those sales would be considered B2B...

Hey AFD, I would think that those sales would be considered B2B as the bikes aren’t sold to the end riders, they are renting them from Zenion.

Good point regarding the question on the accounting and I’m not sure of that, but either way the net result is the bikes are on the road and not in a warehouse.

Considering the fast take up there must be some positive word of mouth between the riders. I’ve noticed that the rental covers insurance and scheduled maintenance but not charging/electricity costs and I see this as the next logical step. Über/Stuart has all the data of rider trips through their apps and so they can easily determine where to place the battery swap stations.