Usain Bolt’s mobility firm unveils an EV

Since stepping down from the Olympic highlight in 2017, sprinter Usain Bolt, who continues to be the quickest within the 100- and 200-meter occasions, has turned to investing, and one in every of his first endeavors is U.S.-based electrical mobility firm Bolt Mobility.

On Thursday, Bolt unveiled a prototype for an electrical minicar at a tech present in Paris and began accepting reservations. The EV is known as the Bolt Nano, or B-Nano for brief, and it is a follow-up to an electrical scooter sharing service already out there in a number of U.S. cities, together with Atlanta, Miami, Nashville and Portland, and launched in Paris this week.

The corporate defined that the scooters are perfect for a single particular person touring as much as 2 miles. For journeys as much as 15 miles, the corporate will place the Nano as a brand new possibility. The tiny EV can match two, with the passenger sitting behind the driving force, similar to within the Renault Twizzy, and 4 of the vehicles can slot in a typical parking spot.

Usain Bolt and the Bolt Nano prototype

Bolt hasn’t revealed any specs however the firm stated the Nano will characteristic a swappable battery so charging could be carried out shortly. The primary examples are due on the roads in 2020 and a reservation requires a $999 deposit. The precise value shall be introduced nearer to the beginning of manufacturing.

Bolt will provide the vehicles by means of its personal automobile sharing community, however the firm can also be taking a look at non-public homeowners buying the vehicles and including it to the community. In return, homeowners will be capable of share in 50 p.c of the revenues that the automobile earns. There’s been no phrase on any places but.

There’s additionally been no phrase if Tata, which beforehand offered a minicar referred to as the Nano, has any objections to Bolt utilizing the Nano identify.

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