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WHILL and Tokio Marine Holdings Establish Capital Alliance to Expand Mobility-as-a-Service (MaaS) Initiatives Worldwide

San Francisco – September 30, 2019 WHILL, maker of the cutting-edge Model Ci and Model A Intelligent Personal Electric Vehicles (EVs), today announced its capital alliance with Tokio Marine Holdings, a multinational insurance holding company headquartered in Tokyo, to help further the rapid growth of WHILL’s Mobility-as-a-Service (MaaS) initiatives. The additional funding comes on the heels of WHILL’s partnership with Scootaround to support an inclusive pedestrian travel solution for the global aging population.

MaaS is defined as the integration of various forms of transport services into a single mobility service accessible on demand. Companies and new technologies are innovating within the MaaS industry, but there has been limited innovation around moving shorter distances – especially for people with reduced mobility. WHILL and Scootaround aim to improve the current travel landscape for mobility device users by increasing their freedom and independence in airports, sports venues, shopping centers and public sidewalks.

“The ultimate goal is to become a public transportation solution for pedestrian travel globally,” said Satoshi Sugie, CEO of WHILL. “Companies like Lime and Mobike have done a good job offering MaaS transport options, but they are not for everyone. This investment will help us fill the gap for people with reduced mobility, providing a more inclusive solution.”

The new MaaS model combines WHILL’s sleek and intuitive Personal EVs with Scootaround’s worldwide rental, repair and mobility management services, building the technology and infrastructure to help shape the future of personal mobility.


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