New Ontario Markets Cement Bird’s Leadership in
Canada
Bird Global, Inc. (NYSE:BRDS, “Bird”), a leader in
environmentally friendly electric transportation, today announced
that it will be expanding across the Greater Toronto Area this
Spring. Bird will be the exclusive operator of shared e-scooters in
the City of Hamilton beginning April 3rd, 2023, and will operate
shared e-scooter fleets in both Brampton and Oshawa in the coming
weeks. All three launches follow rigorous RFP processes in which
Bird was selected based on its commitment to safe, sustainable, and
reliable transportation. These new markets build on Bird’s
footprint in Canada, solidifying its position as the biggest shared
micromobility operator in Canada, and a leader around the world.
Bird will now operate in five cities in Ontario, including Ottawa
and Windsor, as well as 11 other cities across Canada. These new
markets will expand on Bird’s already full year-EBITDA positive
operations in Canada.
Bird will join the City of Hamilton for a launch event on April
3rd at 12:30pm ET at City Hall. Remarks will be made by members of
Hamilton City Council, and Stewart Lyons, President of Bird. Riders
at the event will be able to receive a free helmet, ride scooters,
and ask any questions of Bird team members and Bird’s Safe Street
Patrol.
“Since our earliest days, we’ve been committed to partnering
with cities to expand access to reliable, sustainable
transportation through shared micromobility programs and expanding
in the Greater Toronto Area has long been a high priority for us,”
said Stewart Lyons, President, Bird. “I was born and raised
in Ontario so I’m thrilled to see us expanding in the province,
enabling people to use Bird to commute, explore the region, and
connect with transit. We extend our sincere gratitude to the City
of Hamilton, the City of Brampton, and the City of Oshawa for their
thoughtful and innovative approaches to establishing these programs
and collaborating on frameworks that will help ensure each
program’s success.”
“I am very excited about Brampton’s E-Scooter pilot program
which is launching next month,” said Brampton Mayor
Patrick Brown. “I want to congratulate Bird for being
selected as one of our operators. Benefits of this program include
providing a sustainable transportation option to everyone in the
community while solving public transit’s last-mile challenge,
reducing greenhouse gas emissions, improving transportation choice,
and supporting the tourism economy.”
Bird will bring 450 top-of-the-line Bird Three shared electric
scooters to Hamilton, 250 to Brampton, and 300 to Oshawa. Scooters
will be available in locations throughout each city. The Bird Three
is Bird’s latest and most eco-friendly vehicle, with a number of
safety, sustainability, and design features including a longer
footboard for a more comfortable riding experience, an
industry-leading IP68-rated batteries, and a suite of safety
features. Full riding and parking rules will be available on each
city’s website.
Since Bird began operations in Canada in 2019, Bird riders have
taken over three million trips and traveled over eight million
kilometers. In just four years, this has saved 316,483* litres of
gasoline from being used and over 2,150 metric tons of CO2
emissions from entering the atmosphere. In 2022 alone, thousands of
Bird Canada riders helped 552,810 car journeys be avoided, by
choosing to ride an e-scooter or e-bike.*
In late 2022, a survey** of over 3,000 Bird riders found that
98% of respondents (in all locations) agree the program made a
positive impact on their community. 39.1% of those surveyed
highlighted environmental friendliness as the reason for choosing
e-vehicles over alternative methods of transport, with 57% of
riders combining e-scooter trips with taking public transit or
walking to using cars to travel. 69% of 2022 trips resulted in a
direct purchase from a local business, with an average spend of $38
per trip. In 2022 alone, Bird Canada users contributed an estimated
$32.8 million to the economy by supporting local businesses. More
information available here.
To download the Bird app, riders can visit go.bird.co
*Based on assumptions that 45% of all trips taken would have
been automobile trips should e-scooters not have been available.
**Survey conducted by Bird Canada between November 1st and November
9, 2022, with 3030 respondents.
About Bird
Bird is an electric vehicle company dedicated to bringing
affordable, environmentally friendly transportation solutions such
as e-scooters and e-bikes to communities across the world. Founded
in 2017 by transportation pioneer Travis VanderZanden, Bird’s
cleaner, affordable, and on-demand mobility solutions are available
in more than 350 cities, primarily across the United States,
Canada, Europe, the Middle East, and Australia. We take a
collaborative, community-first approach to micromobility. Bird
partners closely with the cities in which it operates to provide a
reliable and affordable transportation option for people who live
and work there.
Forward-Looking Statements
This press release contains forward-looking statements. We
intend such forward-looking statements to be covered by the safe
harbor provisions for forward-looking statements contained in
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. All
statements other than statements of historical facts may be
forward-looking statements. Such forward-looking statements
include, but are not limited to, statements regarding the expected
benefits of the transaction; our intention to close on additional
funding this quarter; our path to profitability and our future
financial performance, operations, operating results and financial
condition. We have based these forward-looking statements largely
on our current expectations. These forward-looking statements
involve known and unknown risks, uncertainties and other important
factors that may cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements, including, but not limited to, our
ability to cure our New York Stock Exchange (“NYSE”) price
deficiency and meet the continued listing requirements of the NYSE;
risks related to our relatively short operating history and our new
and evolving business model, which makes it difficult to evaluate
our future prospects, forecast financial results, and assess the
risks and challenges we may face; our ability to achieve or
maintain profitability in the future; our ability to retain
existing riders or add new riders; our Fleet Managers’ ability to
maintain vehicle quality or service levels; our ability to evaluate
our business and prospects in the new and rapidly changing industry
in which we operate; risks related to the impact of poor weather
and seasonality on our business; our ability to obtain vehicles
that meet our quality specifications in sufficient quantities on
commercially reasonable terms; our ability to compete successfully
in the highly competitive industries in which we operate; risks
related to our substantial indebtedness; our ability to secure
additional financing; risks related to the effective operation of
mobile operating systems, networks and standards that we do not
control; risks related to action by governmental authorities to
restrict access to our products and services in their localities;
risks related to claims, lawsuits, arbitration proceedings,
government investigations and other proceedings to which we are
regularly subject; risks related to compliance, market and other
risks, including the ongoing conflict between Ukraine and Russia,
in relation to any expansion by us into international markets; any
continuing impact of the COVID-19 pandemic on our business,
financial condition, and results of operations; risks related to
the impact of impairment of our long-lived assets and the other
important factors discussed in Part I, Item 1A. “Risk Factors” in
our Annual Report on Form 10-K for the year ended December 31, 2022
, and described from time to time in our future reports filed with
the Securities and Exchange Commission. The forward-looking
statements in this press release are based upon information
available to us as of the date of this press release and while we
believe such information forms a reasonable basis for such
statements, these statements are inherently uncertain and you are
cautioned not to unduly rely upon these statements. Except as
required by applicable law, we do not plan to publicly update or
revise any forward-looking statements contained in this press
release, whether as a result of any new information, future events
or otherwise.
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