TALLINN, Estonia - Vok Bikes, the Estonian company behind a new generation of four-wheeled electric cargo bikes, has raised US$6 million (€5.12 million) to further expand across Europe and accelerate the shift away from vans in city centres. The Series A funding round is led by SQM Lithium Ventures, the corporate venture capital team affiliated with SQM International Lithium (SQMi), a global leader in lithium production.

DELFT, the Netherlands - Cargo bikes and box bikes are now also getting their own European standard, following the example of similar standards set for bicycles, e-bikes and individual components. This should ensure, among other things, that cargo bikes' overall safety and quality are held to a high standard within Europe.

AMSTERDAM, the Netherlands - Pon has announced the sale of Dockr, its cargo bike subscriptions system to micro mobility supplier Today in shares. "With this acquisition, we are accelerating our vision of making micromobility solutions accessible for all," said Sean Flood and David Touwsma, co-founders of Today.

PARIS, France - With already 3,400 cargo bikes and 600 trailers used by approximately 650 businesses in France, this alternative to conventional utility vehicles is gaining traction a study led by the French association Les Boîtes à Vélo has found. The 2024 report from the Professional Cyclomobility Observatory sheds light on this growing trend, revealing promising figures and ambitious prospects for the sector.

PRATO, Italy - Delivering groceries transporting up to 100kg and covering around 80 kilometers a day demands more from a cargo-bike than what's possible with a standard model. Italian engineering firm Formula and Ello Mobilité took up the challenge and built a fleet of bikes for French supermarket giant, Carrefour.

BERLIN, Germany - Due to a sales slump and the resulting financial bottleneck Berlin-based (cargo-) LEV manufacturer Onomotion GmbH had to file for insolvency on 26 September. A subsidiary of a corporate group already backing other bike manufacturers, Emoving GmBH, has added the last mile delivery solution provider to its portfolio.