Voi, a shared micromobility startup, is eyeing acquisitions, with Bolt’s micromobility business on its wishlist. However, Bolt’s CEO has expressed concerns about Voi’s ability to offer a better user experience. The discussion highlights the challenges faced by micromobility companies in achieving profitability and the importance of data-driven operations.
Forecast for 6 months: Voi and Bolt may engage in a series of negotiations, with Voi potentially acquiring Bolt’s micromobility assets. This could lead to a consolidation of the micromobility market, with Voi emerging as a dominant player.
Forecast for 1 year: The acquisition of Bolt’s micromobility business by Voi could lead to significant changes in the European micromobility market. Voi may expand its operations to new cities, and its user base may increase significantly.
Forecast for 5 years: The consolidation of the micromobility market could lead to the emergence of a few dominant players, with Voi and Bird being among the top contenders. This could result in increased competition and innovation in the market, driving down prices and improving user experiences.
Forecast for 10 years: The micromobility market may become increasingly integrated with other transportation modes, such as public transit and ride-hailing services. Voi and other players may need to adapt to this changing landscape to remain competitive.
