Mobility

Romania’s Arsat Group to build electric scooter factory

Arsat

Photo: Arsat

Published

November 8, 2019

Country

Comments

1

Share

Published:

November 8, 2019

Country:

Comments:

1

Share

Romanian industrial group Arsat plans to build an electric scooter factory, in a project funded under a series of financing agreements with state-owned lender Eximbank, local media have reported. The plant will be developed as part of Arsat’s cooperation with the US-based start-up Scooterson.

Arsat, one of the largest manufacturers of aerospace components in Southeastern Europe, will receive RON 52 million (about EUR 11 million) in lending from Eximbank for the diversification and development of its industrial business by integrating the new e-scooter factory, as well as in the agricultural field by expanding the fruit production operations. Arsat’s operations also include solar energy production.

Valer Ghinea, Arsat’s founder and managing director, said in a press release that the company continues to innovate “so it comes natural to expand in a domain that we consider as successful in the future – manufacturing electric scooters.”

“The first step was investing in a start-up – Scooterson – we are in market testing stage and our first electric scooters will be produced in our premises in Pecica and distributed for starters in the United States of America,” Ghinea said.

Romanian e-scooter sharing app Flow plans to expand to Serbia, Croatia

According to earlier reports, Romanian e-scooter sharing app Flow will be offered in Belgrade, Serbia in 2020, while the company also plans expansion to Croatia and Israel.

Electric scooters, as an environmentally friendly mode of urban mobility, are becoming increasingly popular. Serbian public service broadcaster RTS reported in August that 35,000 e-scooters had been sold in a matter of months in the capital Belgrade alone.

Experts contacted by RTS believe that e-scooters should be regulated, mainly for safety reasons, while authorities are reportedly drafting changes to the Serbian traffic law to introduce such rules.

Comments (1)
Donald Anderson / July 23, 2020

I believe the electric scooter is better then the Segway.
I’ve been using mine for mobility Because I am not able to walk long distances, and thy are very cool !

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Germany new ruling coalition aims phase out coal nine years

Germany’s new ruling coalition aims to phase out coal in nine years

25 November 2021 - The cabinet led by Olaf Scholz will phase out coal "ideally" by 2030, compared to the current 2038 deadline, the coalition deal reveals

EUKI funding climate action projects conditions

EUKI offers funding for climate action projects – here are the conditions

25 November 2021 - Nonprofits can apply for up to EUR 1 million from the European Climate Initative (EUKI) with transformative cross-border projects

Porsche to acquire majority stake in electric bikes producer Greyp

Porsche to acquire majority stake in electric bikes producer Greyp

22 November 2021 - The automotive giant will purchase the majority stake of Croatia’s electric bikes producer, founded by Mate Rimac

Greece first Climate Law end lignite use by 2028

Greece’s first Climate Law to end lignite use by 2028

19 November 2021 - Ambitious new sectoral energy and climate goals will be included in Greece’s first Climate Law,...