Helbiz Donates to Vision Zero Network as Part of #GivingTuesday Pledge

Rhea-AI Summary

Helbiz Inc. (NASDAQ: HLBZ) announced a $10,000 donation to the Vision Zero Network as part of its #GivingTuesday initiative. Vision Zero aims to eliminate traffic fatalities and severe injuries in the U.S. The partnership underscores Helbiz's commitment to safe urban mobility and aligns with the Vision Zero movement, which has grown to over 45 U.S. communities, including areas where Helbiz operates. CEO Salvatore Palella expressed the company's dedication to supporting ethical and safe mobility initiatives.

Positive

• Pledged $10,000 to Vision Zero Network, supporting traffic safety initiatives.
• Partnership enhances Helbiz's reputation as a safety-oriented micro-mobility provider.

Negative

• None.

Vision Zero strives to eliminate all traffic fatalities and severe injuries, while increasing safe, healthy, equitable mobility for all

NEW YORK--(BUSINESS WIRE)-- Helbiz Inc. (NASDAQ: HLBZ), a global leader in micro-mobility and the first in its sector to be publicly listed on the Nasdaq, today announced that it will be pledging to give $10,000 to Vision Zero Network as part of its #GivingTuesday initiative. Vision Zero Network is an organization that is committed to eliminating traffic fatalities and severe injuries in the U.S. and prioritizing safe and equitable mobility for all.

Helbiz Donates to Vision Zero Network as Part of #GivingTuesday Pledge (Graphic: Business Wire)

“Vision Zero Network and Helbiz have the shared vision of achieving safe mobility and ending fatal traffic crashes for good,” said Salvatore Palella, Founder and CEO of Helbiz. “We’re honored to be partnering with such an important organization like Vision Zero Network and look forward to growing this partnership as we help to support their mission and impact change.”

In just the past six years, the Vision Zero movement has grown to more than 45 communities in the U.S., including cities where Helbiz operates such as Washington D.C., Durham and Sacramento. The Vision Zero approach to traffic safety starts with the ethical belief that everyone has the right to move safely in their communities, and that system designers and policy makers, along with individuals, share the responsibility to ensure safe systems for travel.

“We’re so happy to have Helbiz’s support this Giving Tuesday,” said Leah Shahum, Founder and Director, Vision Zero Network. “We are impressed to see that Helbiz takes an active approach to safety, hiring local operations teams in each of their cities, and is beginning to implement new technology like sidewalk detection and enhanced GPS monitoring. Their contribution will go a long way in helping Vision Zero Network reach our goal of zero traffic deaths and severe injuries among all road users.”

Helbiz will work closely with the Vision Zero Network, a national nonprofit advocacy group working for Vision Zero, to ensure safe mobility for all.

Click here to learn how to help support Vision Zero’s imperative work.

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 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/20211130005697/en/

Helbiz

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

Global Head of Communications: +1 (917) 675-7157

PR and Communication Manager:

Chiara Garbuglia - email: chiara.garbuglia@helbiz.com

USA

Agent of Change

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

For investor inquiries:

The Blueshirt Group

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

Source: Helbiz Inc.

FAQ

What is Helbiz's recent donation initiative?

Helbiz has pledged $10,000 to the Vision Zero Network as part of its #GivingTuesday initiative.

Which organization is benefiting from Helbiz's donation?

The donation will support the Vision Zero Network, aimed at eliminating traffic fatalities in the U.S.

What does the Vision Zero Network focus on?

Vision Zero Network focuses on eliminating traffic fatalities and severe injuries while promoting safe mobility.

How many communities does Vision Zero currently operate in?

The Vision Zero movement has expanded to over 45 communities in the U.S.

What is Helbiz's commitment to safety?

Helbiz is committed to safety through partnerships and initiatives that enhance urban mobility.