Wheels, part of Helbiz, Launches Second Preorder for the Wheels One

Rhea-AI Summary

Helbiz has launched the second round of pre-orders for its Wheels One, a new vehicle designed for sustainable commuting. Following a successful first round that secured over $2.2 million in commitments, this round aims to generate over $5 million in future sales. The limited stock consists of 3000 vehicles, set to ship by Q3 2023. Features of the Wheels One include a 30% more powerful motor, enhanced safety with Lidar, and weatherproof design. CEO Salvatore Palella emphasized the Wheels One's potential as a major revenue stream for Helbiz.

Positive

• Successful first round of pre-orders generated commitments of over $2.2 million.
• Second round of pre-orders aims for potential sales of over $5 million.
• Innovative features of Wheels One, such as 30% more powerful motor and Lidar for safety.

Negative

• None.

Announced Second Round of Pre-Orders for the Wheels One, 3000 vehicles which aim to generate potential commitments of over $5 million in future sales

NEW YORK--(BUSINESS WIRE)-- Wheels, a Helbiz (NASDAQ:HLBZ) company, today is proud to announce the launch of the second round of pre-orders for the highly sought-after Wheels One. The exceptional response to the first round of pre-orders, which generated commitments for over $2.2 million in future sales, has confirmed Wheels' confidence in the Wheels One as a new and significant revenue stream for the company.

Wheels is a last-mile, shared electric mobility platform whose seated form factor changes the landscape in dockless mobility. In addition to being seated, Wheels devices have a low center of gravity and 14-inch wheels to help navigate uneven pavement surfaces. Wheels has launched a first-of-its-kind integrated helmet system that can give riders physical access to a shareable helmet with every ride they take. Wheels is headquartered in West Hollywood, California. Learn more at www.takewheels.com. (Graphic: Business Wire)

“The impressive results of the first round of pre-orders has convinced us that the Wheels One is a game-changer in sustainable commuting and a major new revenue stream for Helbiz,” said Helbiz CEO Salvatore Palella. “We are excited to offer even more customers the opportunity to experience the benefits of this advanced micro-mobility device.”

The Wheels One is a cutting-edge solution for sustainable commuting, featuring a 30% more powerful motor and larger brake discs and pads than previous versions of the vehicle, Lidar for enhanced safety, a one-piece chassis designed for strength, IP56 waterproofing for all weather conditions, and an expansion port for customized accessories.

This second round of pre-orders will have a limited stock of 3000 vehicles which aim to generate potential commitments of over $5 million in future sales. The pre-ordered vehicles are intended to be shipped to customers by Q3 2023.

Pre-order your Wheels One at helbiz.com/wheelsone from today at 9.30AM ET.

About Wheels

Wheels is a last-mile, shared electric mobility platform whose seated form factor changes the landscape in dockless mobility. In addition to being seated, Wheels devices have a low center of gravity and 14-inch wheels to help navigate uneven pavement surfaces. Wheels has launched a first-of-its-kind integrated helmet system that can give riders physical access to a shareable helmet with every ride they take. Wheels is headquartered in West Hollywood, California. Learn more at www.takewheels.com.

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 65 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. For additional information, please visit www.helbiz.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230201005671/en/

For media inquiries:

press@helbiz.com

Source: Helbiz

FAQ

What is the purpose of the second round of pre-orders for HLBZ's Wheels One?

The second round of pre-orders aims to generate over $5 million in future sales commitments.

How many vehicles are available in the second round of pre-orders for Wheels One by HLBZ?

There are 3000 vehicles available in the second round of pre-orders for Wheels One.

When are the pre-ordered Wheels One vehicles expected to ship?

The pre-ordered Wheels One vehicles are intended to be shipped by Q3 2023.

What financial successes did HLBZ achieve from the first round of Wheels One pre-orders?

The first round of pre-orders generated commitments of over $2.2 million.

What features make the Wheels One a notable vehicle for HLBZ?

Wheels One features a 30% more powerful motor, Lidar for enhanced safety, and waterproofing.