Envisioning a green and sustainable mobility landscape as a solution to the current carbon-polluting transit system, Veo manufactures and supplies electric bikes and scooters which don’t require charging stations. The company is committed to a future with fully electric vehicles, with a focus on building strong partnerships with cities towards making eco-friendly transportation a reality.
Communities can implement Veo's fleets for free, as the company makes its money via rental charges and memberships. This encourages cities and campuses to introduce Veo's eco-friendly transport solution. The vehicles have their batteries swapped out by technicians, rather than needing to be charged at a station, enabling them to be available 24/7.
Capitalising on the fact that the ecological impact of transport is at the forefront of consumers' minds, Veo has grown to serve over 40 cities and college campuses. By manufacturing its own vehicles, as opposed to sourcing them elsewhere, the company has been able to release new models to combat found issues and design with its users in mind, allowing it to stand out from other micro-mobility providers. In 2023, Veo began selling its scooters directly to consumers as well, indicating a new market avenue for the company. It achieved EBIT profitability in 2024, indicating the success of its business model and an ecosystem here to stay.
Freddie
Company Specialist at Welcome to the Jungle
