A total of 300 e-scooters will be deployed
Follows successful launches of fleets across 25
Italian cities
Helbiz, a global leader in micro-mobility that is the business
combination target of GreenVision Acquisition Corp. (Nasdaq: GRNV),
today announced that it has partnered with Telepass to launch a
fleet of 300 safe and innovative electric scooters throughout the
inner city and surrounding areas of Reggio Emilia. This supports
Helbiz’s continued expansion efforts across Italy, now offering its
services across 25 cities.
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Micro-Mobility Leader, Helbiz Launches
E-Scooters in Reggio Emilia, Italy (Photo: Business Wire)
“As the city with the most cycle paths in Italy, Reggio Emilia
is the ideal market for our sustainable e-scooters,” said Matteo
Tanzilli, Head of Institutional Relations at Helbiz. “We
are thrilled to expand our operations throughout the Emilia Romagna
region and look forward to generating new jobs across Italy to
support the post-pandemic revival."
Helbiz has opened a Reggio Emilia-based office and warehouse to
run its operations on-the-ground, employing a full-time team to
ensure its fleet is charged, repaired and well-maintained. As part
of the company’s ongoing safety guidelines, each device is cleaned
and disinfected multiple times a day.
Users can download the Helbiz or TelepassPay mobile apps on iOS
and Android to instantly geolocate, rent and unlock e-scooters
directly from their smartphones with just a tap. The rate to rent
an e-scooter is €1 for the initial unlock + €0.20 per minute. With
a Helbiz UNLIMITED subscription, users can take an unlimited number
of daily trips for a flat rate of €39.99 per month. Helbiz has also
implemented special parking areas throughout the city of Reggio
Emilia.
"Shared scooters provide a sustainable transportation option for
citizens to go from place to place," said Mobility Commissioner
Carlotta Bonvicini. "We are nothing short of pleased to
implement this new micro-mobility offering. It is agile in the
urban fabric, has a minimal environmental impact, and abides by the
policies of the municipal administration. Similarly to the city’s
cycling policies, the municipal administration has the duty to
promote this new type of mobility, while educating and
communicating its rules of use.”
Helbiz currently has over 1,500 electric scooters, electric
bicycles and MiMoto electric mopeds throughout the Emilia Romagna
region, including the cities of Parma, Ravenna, Cesena, Rimini and
Santarcangelo di Romagna.
ABOUT HELBIZ
Helbiz is a global leader in micro-mobility services. Launched
in 2016 and headquartered in New York City, the company operates
e-scooters, e-bicycles and e-mopeds in nearly 30 cities around the
world including Washington, D.C., Alexandria, Arlington, Miami,
Milan and Rome. Helbiz utilizes a customized, proprietary fleet
management platform, artificial intelligence and environmental
mapping to optimize operations and business sustainability. In Q1
2021, Helbiz Inc announced a merger with SPAC GreenVision
Acquisition Corp. (Nasdaq: GRNV), which will result in it becoming
the first micro-mobility company listed on NASDAQ when the business
combination is completed, which is expected to occur in August
2021.
Forward-Looking Statements
Certain statements made in this press release are
“forward-looking statements” within the meaning of the “safe
harbor” provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by the use of
words such as “anticipate”, “believe”, “expect”, “estimate”,
“plan”, “outlook”, and “project” and other similar expressions that
predict or indicate future events or trends or that are not
statements of historical matters. These forward-looking statements
reflect the current analysis of existing information and are
subject to various risks and uncertainties. As a result, caution
must be exercised in relying on forward-looking statements. Due to
known and unknown risks, actual results may differ materially from
the Company’s or GreenVision’s expectations or projections. The
following factors, among others, could cause actual results to
differ materially from those described in these forward-looking
statements: (i) the occurrence of any event, change or other
circumstances that could give rise to the termination of the Merger
Agreement; (ii) the ability of the Company to meet Nasdaq listing
standards following the transaction and in connection with the
consummation thereof; (iii) the inability to complete the
transactions contemplated by the Merger Agreement due to the
failure to obtain approval of the stockholders of the Company or
the stockholders of GreenVision or other reasons; (iv) the failure
to meet the minimum cash requirements of the Merger Agreement due
to GreenVision stockholder redemptions and the failure to obtain
replacement financing; (v) the failure to meet projected
development and production targets; (vi) costs related to the
proposed transaction; (vii) changes in applicable laws or
regulations; (viii) the ability of the combined company to meet its
financial and strategic goals, due to, among other things,
competition, the ability of the combined company to pursue a growth
strategy and manage growth profitability; (ix) the possibility that
the combined company may be adversely affected by other economic,
business, and/or competitive factors; (x) the effect of the
COVID-19 pandemic on the Company and GreenVision and their ability
to consummate the transaction; and (xi) other risks and
uncertainties described herein, as well as those risks and
uncertainties discussed from time to time in other reports and
other public filings with the Securities and Exchange Commission
(the “SEC”) by the Company. Additional information concerning these
and other factors that may impact the Company’s expectations and
projections can be found in GreenVision’s periodic filings with the
SEC, including its Annual Report on Form 10-K for the fiscal year
ended December 31, 2020 and amended on May 21, 2021. GreenVision's
SEC filings are available publicly on the SEC's website at
www.sec.gov. Any forward-looking statement made by us in this press
release is based only on information currently available to
GreenVision and Helbiz and speaks only as of the date on which it
is made. GreenVision and Helbiz undertake no obligation to publicly
update any forward-looking statement, whether written or oral, that
may be made from time to time, whether as a result of new
information, future developments or otherwise, except as required
by law.
Additional Information about the Transaction and Where to
Find It
In connection with the proposed business combination,
GreenVision filed a preliminary proxy statement with the SEC.
Additionally, GreenVision will file other relevant materials with
the SEC in connection with the business combination. Copies may be
obtained free of charge at the SEC’s web site at www.sec.gov.
Security holders of GreenVision are urged to read the preliminary
proxy statement, the definitive proxy statement and the other
relevant materials when they become available before making any
voting decision with respect to the proposed business combination
because they will contain important information about the business
combination and the parties to the business combination. The
information contained on, or that may be accessed through, the
websites referenced in this press release is not incorporated by
reference into, and is not a part of, this press release.
GreenVision’s stockholders may also obtain a copy of the
preliminary or definitive proxy statement, once available as well
as other documents filed with the SEC by GreenVision, without
charge, at the SEC’s website located at www.sec.gov or by directing
a request to: GreenVision Acquisition Corp., 8 The Green, Suite
#4966, Dover, DE 19901, Attention: Chief Financial Officer, Tel.
(302 289-8280).
Participants in Solicitation
GreenVision and its directors and officers may be deemed
participants in the solicitation of proxies of GreenVision’s
shareholders in connection with the proposed business combination.
A list of the names of those directors and executive officers and a
description of their interests in GreenVision is contained in the
preliminary proxy statement with respect to the proposed business
combination filed on April 8, 2021 with the SEC, and in
GreenVision’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2020 and subsequently amended, which was filed with
the SEC Security holders may obtain more detailed information
regarding the names, affiliations and interests of certain of
GreenVision’s executive officers and directors in the solicitation
by reading GreenVision’s Annual Report on Form 10-K for the fiscal
year ended December 31, 2020, and the definitive proxy statement
and other relevant materials filed with the SEC in connection with
the business combination when they become available. Information
concerning the interests of GreenVision’s participants in the
solicitation, which may, in some cases, be different than those of
their stockholders generally, will be set forth in the definitive
proxy statement relating to the business combination when it
becomes available.
Helbiz and its officers and directors may also be deemed
participants in such solicitation. A list of the names of such
directors and executive officers and information regarding their
interests in the business combination are set forth in the
preliminary proxy statement, which was filed on April 8, 2021 with
the SEC and the definitive proxy statement for the business
combination when it is filed with the SEC. These documents can be
obtained free of charge from the sources indicated above.
Non-Solicitation
This press release does not constitute a solicitation of a
proxy, consent or authorization with respect to any securities or
in respect of the proposed transaction. This press release also
does not constitute an offer to sell or the solicitation of an
offer to buy any securities, nor will there be any sale of
securities in any states or jurisdictions in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
No offering of securities will be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act of 1933, as amended, or an exemption therefrom.
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version on businesswire.com: https://www.businesswire.com/news/home/20210726005513/en/
Helbiz Contacts For investor and media inquiries,
contact: Global Head of Communications: Davide D’Amico - tel. +39
335 7715011 email: davide.damico@helbiz.com
PR and Communication Manager: Chiara Garbuglia - +39 335 7388163
email: chiara.garbuglia@helbiz.com
Regions USA The Blueshirt Group Gary Dvorchak, CFA -
Phone: +1 (323) 240-5796 - email: gary@blueshirtgroup.com
Agent of Change Marcy Simon - Phone: +1 (917) 833-3392 - Email:
marcy@agentofchange.com
EUROPE Helbiz Investor Relations:
investor.relations@helbiz.com
GreenVision Aquisition (NASDAQ:GRNV)
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