Moving forward with the introduction of electric bicycles in the delivery market... MOU for joint development with Alton

[Asia Economy Reporter Kim Bo-kyung] Eco-friendly mobility sharing platform startup 'MOOVING' is partnering with a bicycle company to strengthen the e-mobility ecosystem infrastructure.

On the 16th, MOOVING, a subsidiary of delivery service company Barogo, announced that it signed a 'Memorandum of Understanding to Expand Eco-friendly Delivery Means' with bicycle specialist Alton Sports.

The two companies will jointly develop delivery electric bicycles compatible with MOOVING's shared battery charging system (BSS), and plan to promote demonstration and construction projects to ensure the developed electric bicycles spread in the domestic last-mile market.

Lee Sang-myung, CEO of MOOVING, said, "For the domestic last-mile market to grow further, accessibility to delivery means must be lowered. To this end, we will continue collaborating with various mobility players. At the same time, we will also focus on building eco-friendly infrastructure to form a sustainable market."

Kim Jung-gyun, head of Alton Sports division, stated, "We will strive to provide mobility that anyone can use and that is safer in the rapidly growing platform delivery market. We will review and develop various means of transportation to support the growth of the delivery market."

Meanwhile, MOOVING is strengthening cooperation with mobility companies to build an eco-friendly mobility ecosystem. In March, it signed a business agreement with Jiwoo General Trading Company, the official importer of the electric two-wheeler model 'eCooter,' and plans to supply BSS-compatible eco-friendly bikes to the last-mile market.