{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Micromobility Podcast","title":"Exploding demand for Delivery Worker Micromobility - Mina Nada of Bolt Bikes","html":"","width":"100%","height":180,"duration":2866,"description":"This week Oliver interviews Mina Nada, CEO of Bolt Bikes, about their business leasing ebikes to delivery gig workers like UberEATS/Deliveroo/DoorDash in the UK, US and Australia. Given everything happening right now with COVID19 and the explosion in delivery based meal consumptions, this is a great interview.Specifically, we dig into:- Mina’s background at Bain, Deliveroo and Mobike, and how that prepared him for Bolt Bikes. - The unit economics of their business, including 6 month paybacks, 3 year cycles and 66% residual value for depreciated bikes. - How most markets are still allowing takeaway and delivery during COVID19 lockdowns. - How couriers calculate the costs and tradeoffs of leasing vs owning their own vehicles  (ie. bikes, ebikes vs mopeds) and why the end-to-end and flexible nature of access positions Bolt well to solve the job to be done. - Their plans for expansion and vertical integration into their own Bolt hardware- A discussion about ebikes and the future of the fleet, including e-mopeds and the newly released Arcimoto delivery vehicle. - Bolt’s ability to raise debt capital to fund expansion- Why they plan to double down on B2B rentals, and not focus at all on B2C. It was a great discussion - well worth listening to!","thumbnail_url":"https://img.transistorcdn.com/at7G3gxGDWglvTJ3FfhPtfaxPELHBPmCFC9m1Fl166c/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xZjFh/Y2JhNjg4Mzg5MzJi/ZGJlMGFmNjA4ZjU4/NzMzOS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}