Today ABG Sundal Collier sponsored research initiates coverage of GreenMobility. Read the full report here!
GreenMobility is a flexible (“free float”) city-car rental company. Its business model is to lease Renault Zoe cars, which are fitted with tailored software that allows users to open and rent cars using their mobile phones. GreenMobility operates in Denmark and Norway and is expanding its product offering to Belgium, Sweden and the UK with a combination of its own operations and franchises. So far, it has enjoyed impressive user traction and wants to expand its franchise model to 15 cities by 2021. GreenMobility has operated since 2016 and is listed on Nasdaq First North.