Helbiz Completes International Integration with Google Maps

Rhea-AI Summary

Helbiz Inc. (NASDAQ: HLBZ) has integrated its fleet of electric vehicles into Google Maps, allowing users to locate nearby e-scooters, e-bicycles, and e-mopeds. This feature provides information on pricing, estimated trip durations, and optimized routes, enhancing accessibility for first and last-mile transportation needs. The integration aligns with Helbiz’s commitment to sustainable mobility and is available in all current operational cities, with plans for expansion into new markets. This collaboration aims to reduce traffic and pollution while improving overall transportation accessibility.

Positive

• Integration with Google Maps enhances visibility and user accessibility.
• Supports Helbiz's mission of providing sustainable transportation options.
• Available in all operational cities, with plans for future expansion.

Negative

• None.

Integration Enables Users to Locate Helbiz’s Electric Vehicles Within the Google Maps App

NEW YORK--(BUSINESS WIRE)-- Helbiz Inc. (NASDAQ: HLBZ), a global leader in micro-mobility and the first in its sector to be listed on the Nasdaq Stock Market, today announced its fleet of electric vehicles is integrated and operating within Google Maps.

Helbiz Completes International Integration with Google Maps

Through this integration, nearby Helbiz e-scooters, e-bicycles and e-mopeds will appear on the map with the approximate price, estimated trip duration and optimized route to the traveler’s desired destination. After selecting this method of transportation, riders will be redirected to the Helbiz app to start their ride. This feature is available in all cities that Helbiz currently operates in and will expand into each new market the company enters moving forward.

This collaboration further supports Helbiz’s commitment to providing accessible, alternative modes of transportation to local communities. By utilizing Google Maps, users worldwide will be able to find a nearby vehicle to quickly meet their first and last-mile needs, while also reducing traffic and pollution.

"We are thrilled to begin this collaboration with Google Maps that offers easy access to our efficient and sustainable transportation options," said Nemanja Stancic, Chief Technology Officer at Helbiz. "This integration will make it easier for Google Maps users to incorporate shared electric vehicles into their daily commute and plan multimodal journeys. It also serves as an important milestone in our mission to ensure smart cities are rooted in green mobility initiatives."

About Helbiz

Helbiz is a global leader in micro-mobility services. Launched in 2015 and headquartered in New York City, the company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform with over 40 licenses in cities around the world. Helbiz utilizes a customized, proprietary fleet management technology, artificial intelligence and environmental mapping to optimize operations and business sustainability. Helbiz is expanding its urban lifestyle products and services to include live streaming services, food delivery, financial services and more, all accessible within its mobile app. For additional information, please visit www.helbiz.com.

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 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 failure to meet projected development and production targets; (ii) changes in applicable laws or regulations;(iii) the effect of the COVID-19 pandemic on the Company and its current or intended markets; and (iv) 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 its 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 the Form 10-Q filed on August 23, 2021 and the Prospectus filed on September 30, 2021. The Company’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 Helbiz and speaks only as of the date on which it is made. Helbiz undertakes 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220118005726/en/

Helbiz Contacts

For media inquiries, contact: https://www.helbiz.com/pressroom

PR and Communication Manager:

Chiara Garbuglia – Phone: +1 ‎(917) 675-7157 - email: chiara.garbuglia@helbiz.com

USA

Agent of Change

Marcy Simon - Phone: +1 (917) 833-3392 - email: marcy@agentofchange.com

For investor inquiries, contact:

The Blueshirt Group

Gary Dvorchak, CFA - Phone: +1 (323) 240-5796 - email: gary@blueshirtgroup.com

Source: Helbiz Inc.

FAQ

What is Helbiz's recent integration with Google Maps?

Helbiz has integrated its electric vehicle fleet into Google Maps, allowing users to locate nearby e-scooters, e-bicycles, and e-mopeds.

How does the Google Maps integration benefit Helbiz users?

Users can view pricing, estimated trip durations, and optimized routes, making it easier to plan multimodal journeys.

In which markets will Helbiz's Google Maps feature be available?

The feature is available in all cities where Helbiz currently operates and will expand to new markets as the company grows.

What is Helbiz's stock symbol?

The stock symbol for Helbiz is HLBZ.

How does this integration align with Helbiz's business goals?

The integration promotes accessible, sustainable transportation options and supports Helbiz's goal of reducing traffic and pollution.