Germany's Tier Mobility Gets $250 Million From SoftBank Group
Germany-based e-vehicle manufacturer Tier Mobility has attracted funds worth $250 million from SoftBank Group's Vision Fund 2. After the investment, the company has been ranked at the second position in e-motor companies, just under its rival Bird. Reportedly, the funds collected will be utilised for manufacturing smaller and less pollutant "micro-mobility" vehicles. Currently, the 2018-launched company has its market value just below $1… read-more
Tags: E-scooter, Tier Mobility, Soft Bank, Investment
Courtesy: Reuters