Seated Scooters Make City Debut in Partnership
with Explore Bike Share
OXNARD, CA and VANCOUVER, Oct. 23,
2019 /CNW/ - OjO Electric Corp. (the "Company" or
"OjO") (TSXV: OJO), a Light Electric Vehicle (LEV)
mobility solutions company, is pleased to announce the launch of
its electric rideshare scooter service in Memphis, TN. In partnership with the
non-profit organization Explore Bike Share, an initial fleet of 250
of OjO's V2 seated scooters have now been deployed in Memphis and are available at Explore Bike
stations and virtual docking stations throughout the city. OjO's V2
scooter features integrated GPS technology that enables unique
virtual and physical parking solutions in order to improve
operational efficiencies and reduce sidewalk clutter.
"The consumer response we have received from residents in our
other markets has been tremendous and we're excited to bring the
OjO experience to the residents of Memphis. With more than half of vehicle
rideshare trips under three miles, OjO has proven to be a simple,
affordable alternative for travel, while reducing congestion and
harmful emissions from cars," said Max
Smith, CEO of OjO Electric. "We're thrilled to partner with
Explore Bike Share for OjO's debut in Memphis."
OjO is initially permitted for 250 scooters in Memphis.
Scooter rideshare users in the city will be able to enjoy longer
rides, as compared to a typical kick-scooter, comfortable seated on
OjO's adjustable cushioned seat. By encouraging increased mileage
traveled and drive time in rideshare through thoughtful scooter
design, OjO's goal is to reduce cars on the road and carbon
emissions.
Explore Bike Share will provide operational support to OjO in
Memphis, oversee scooter
deployment, balancing, service and repair, and provide a 24/7
customer service telephone support line for users. OjO will be
available at select existing Explore Bike Share stations as well as
additional virtual docking stations throughout the city, which can
be located easily via the OjO app. OjO rides in Memphis start at US$1.25, plus US$0.20 per minute, and may include a
US$5.00 parking fee for out of
station parking.
"OjO truly is the perfect partner that aligns with our mission
to benefit our city and give our communities access to efficient,
eco-friendly transportation," said Trey
Moore, Executive Director of Explore Bike Share. "We're
pleased to offer the community a safe and reliable option, in
addition to our current fleet of bicycles."
For more information and to sign up to OjO's mailing list,
please visit www.ojoelectric.com. Follow @OjOElectric on Twitter,
Instagram and Facebook, and download the OjO mobile app on iOS or
Android.
On behalf of OjO Electric Corp.
"Max Smith"
CEO and Director
About OjO Electric Corp.
OjO Electric Corp.
(TSXV: OJO) is dedicated to providing safe,
sustainable Light Electric Vehicle (LEV) mobility solutions in
collaboration with municipal governments to reduce traffic
congestion and carbon emissions. OjO's vision is to change
rideshare for good by creating a sustainable mobility eco-system
that connects people, cities and businesses. OjO's platform is
built with open API's to allow for integration with partners and
multi-modal transportation solutions. To find out more, please
download the OjO mobile app or visit www.ojoelectric.com.
About Explore Bike Share
Explore Bike Share is a
registered 501(c) 3 non-profit organization that aims to advance
Memphis and connect its residents on multiple fronts, including
affordable and accessible transportation, healthy lifestyles,
environment, culture and tourism. For more information, please
visit explorebikeshare.bcycle.com.
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Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this news release.
Cautionary Statement Regarding Forward-Looking
Information
This news release may contain forward-looking
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goals or future plans and the business and operations of the
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Forward-looking information or statements are necessarily based on
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and uncertainties is not exhaustive. Although the Company has
attempted to identify important factors that could cause actual
actions, events or results to differ materially from those
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that cause actions, events or results not to be as anticipated,
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SOURCE OjO Electric Corp.
