Voi CEO Considers Acquiring Bolt’s Micromobility Arm
Voi’s CEO, Fredrik Hjelm, said he’s open to acquiring Bolt’s scooter and bike operations. And he made it clear: “I would buy it at the right price.” zagdaily.com
This announcement could shake up Europe’s micromobility sector.
Why It Matters
Voi hit profitability in early 2025, thanks to disciplined operations and cost controls. Meanwhile, Bolt continues to expand its fleet and services. micromobility.io
By acquiring Bolt, Voi could:
- Strengthen market share across key cities
- Streamline operations through consolidation
- Gain Bolt’s tech & fleet assets
What Could Change
Should the deal happen, expect:
- Less competition in major European hubs
- Faster scale-up with Bolt’s vehicles and tech
- Greater negotiation power with regulators and cities
That could reshape pricing, coverage, and service quality.
Watch This Space
Regulators will likely review the deal closely. After all, Voi and Bolt operate in many overlapping jurisdictions—from London to Paris. sifted.eu
So far, Voi has not made a formal proposal. But its openness signals a potential transformation ahead.
Strategic Acquisition on the Table
Reports indicate that Voi is open to discussions regarding the acquisition of Bolt’s micromobility operations. Such a deal would allow Voi to absorb Bolt’s existing infrastructure, user base, and market share. This could be a game-changer for Voi as they aim to solidify their position as a leading micromobility provider in Europe. The acquisition could provide Voi with a strategic advantage, boosting operational efficiency and market penetration.
Expanding Market Presence
The potential acquisition aligns with Voi‘s broader strategy of expanding its footprint and influence in the micromobility sector. By integrating Bolt’s resources, Voi could enhance its service offerings and geographical coverage. Voi‘s interest reflects the ongoing consolidation trends within the industry, as companies seek to gain economies of scale and competitive advantages through mergers and acquisitions.
Competitive Landscape
Bolt, a prominent player in the ride-hailing and micromobility sectors, has been strategically evaluating its business segments. A sale of its micromobility unit would allow Bolt to focus on its core ride-hailing services and related ventures. Voi‘s proactive approach underscores the dynamism of the micromobility market, where strategic partnerships and acquisitions play a crucial role in shaping the future of urban transportation. It remains to be seen how the negotiation process will unfold and whether a definitive agreement will be reached.
