Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Voi threatens to leave London

The Swedish e-scooter company Voi has had enough of London's hard regulations, reports Dagens Industri. In a letter to Mayor Sadiq Khan, Voi's CEO Fredrik Hjelm writes that the company considers the situation in the British capital to be economically unsustainable.

Published: 06 June 2024
Voi threatens to leave London
Photo: Janerik Henriksson/TT

The Swedish e-scooter company Voi has had enough of London's tough regulations, reports Dagens Industri. In a letter to Mayor Sadiq Khan, Voi's CEO Fredrik Hjelm writes that the company believes the situation in the British capital is economically unsustainable.

The reasons are several: London has stricter rules regarding speed and age than the national guidelines in the UK, only 9 of 33 boroughs allow the mode of transport. According to the letter, there are also a lack of parking spaces and a hard competition with the city's e-bikes that do not have the same regulations.

In the letter, Hjelm writes that Voi would be happy to cooperate with London's transport authorities to solve the problems, but otherwise may be forced to leave the city.

Last March, the e-scooter company Dott made the decision to leave, despite the company, together with Voi and Lime, having a monopoly on e-scooters in London last summer.

Christina Moe Gjerde, head of Northern Europe at Voi, writes in an email to DI that London is lagging behind with too strict regulations.

"London should look at cities like Oslo and Stockholm, which have dared to adjust their regulatory models when it didn't work the first time."

Places
People
Organisations
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Inflation in the eurozone fell in August
1 MIN READ

Inflation in the eurozone fell in August

Maersk warns of "significant delays"
1 MIN READ

Maersk warns of "significant delays"

Problem for major bank – app and website down
1 MIN READ

Problem for major bank – app and website down

Court Victory for Google – Worth 17 Billion
1 MIN READ

Court Victory for Google – Worth 17 Billion

JP Morgan bets on Nordic expansion
1 MIN READ

JP Morgan bets on Nordic expansion

Campari Falls After Unexpected CEO Departure
1 MIN READ

Campari Falls After Unexpected CEO Departure

British Inflation Unchanged
1 MIN READ

British Inflation Unchanged

Economists see glimmers of hope on the labor market
2 MIN READ

Economists see glimmers of hope on the labor market

Skanska lands major order in Texas
1 MIN READ

Skanska lands major order in Texas

Stock Market Falls Ahead of US Interest Rate Decision
2 MIN READ

Stock Market Falls Ahead of US Interest Rate Decision

Crisis for Tupperware – Seeks Bankruptcy Protection
1 MIN READ

Crisis for Tupperware – Seeks Bankruptcy Protection

These are the households that are the budget's winners
3 MIN READ

These are the households that are the budget's winners

Despite major investment in Kastrup – hope for Arlanda
3 MIN READ

Despite major investment in Kastrup – hope for Arlanda

Housing construction continues to increase
1 MIN READ

Housing construction continues to increase

The price of district heating is skyrocketing – "price shock"
3 MIN READ

The price of district heating is skyrocketing – "price shock"

Japan's stock exchanges rise ahead of Fed's decision
1 MIN READ

Japan's stock exchanges rise ahead of Fed's decision

Caution on the US Stock Exchange Ahead of Interest Rate Decision
1 MIN READ

Caution on the US Stock Exchange Ahead of Interest Rate Decision

Swedbank's technical issues resolved
1 MIN READ

Swedbank's technical issues resolved

Social Democratic Profile: Hard to Understand Demands for Shortened Working Hours
2 MIN READ

Social Democratic Profile: Hard to Understand Demands for Shortened Working Hours

The Government wants to raise the limit for travel deductions
1 MIN READ

The Government wants to raise the limit for travel deductions