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Daily Markup #357: Ion Mobility bags US$6.8M, to unveil EV motorbike by year-end; Aerodyne named #1 drone service provider in the world; Neuron Mobility rolls out safety features including audio alerts & Braille

Ching Yee Ho



Credit: DealStreetAsia

A boost in sustainability

  • 500-backed electric motorbike startup Ion Mobility announced it has raised US$6.8 million in a seed funding round co-led by Quest Ventures and TNB Aura.
  • According to founder and CEO James Chan, the funds will be used to accelerate manufacturing and operations in Singapore and Indonesia.
  • The startup also shared that it is commissioning a 1,175 square meter EV motorbike and battery pack assembly in Singapore. It also intends to expand its EV motorbike assembly operations into Jakarta in 2022.
  • The team will be unveiling its inaugural EV motorbike by the end of this year,and to launch and deliver it to Indonesian customers next year.
  • Read the full article on DealStreetAsia here. A subscription may be required.

Credit: Aerodyne

Flying to the top

Credit: Neuron Mobility

Safety in sustainability

  • The Ottawan accessibility community in Canada has welcomed 500-backed startup Neuron Mobility’s trial of its Audio Vehicle Alert System. It is an always-on ‘warning noise’ on its e-scooters to help alert pedestrians, particularly those with vision loss, that an e-scooter is approaching.
  • The startup also recently introduced Braille identifiers and raised lettering on their e-scooters to help members of the vision loss community identify e-scooters and report unsafe parking.
  • Other safety features and initiatives that the startup has rolled out include Braille identifiers as well as a bilingual Voice Guidance audio feature on the e-scooter that provides safety instructions.
  • According to the startup, it prioritizes user education. The startup regularly runs safety events and recently launched an in-app rider safety school with a quiz that has been completed by hundreds of riders to date.
  • Read the full story on Yahoo! Finance here.

Ching Yee Ho