Adult electric scooter company AER is gearing up for a relaxation in rules relating to the use of e-scooters on UK roads.
The government is expected to reveal a new 拢250m investment in UK cycle lanes and 鈥榝ast-tracked鈥� e-scooter trials, which are currently illegal for road use.
The move is hoped to provide commuters with an alternative to public transport in an effort to reduce the likelihood of a coronavirus resurgence.
Established in 2017 by founder John Irving, AER has raised 拢1m to date through the UK鈥檚 Enterprise Initiative Scheme (EIS).
The company鈥檚 valuation has risen from 拢900K to 拢7.5m in the last two years.
As part of its expansion plans, AER has this month taken a 5,000 sq ft at Waterside House, a newly refurbished mill in Macclesfield, Cheshire, from where it will manufacture and distribute its e-scooters for the UK.
The firm has welcomed the UK Government鈥檚 plans to fast-track e-scooter trials, having to date serviced a customer base predominantly in the US and Europe where e-scooters are road-legal.
Irving said: 鈥淲e whole-heartedly welcome the Government鈥檚 proposed changes in legislation. We established AER three years ago with an unwavering commitment to transform the future of transportation and bring greater sustainability, safety and ease of travel to urban life.
鈥淲e never could have foreseen the seismic shift in demand we are seeing towards e-scooters as the Government looks at how we as a nation can return to work safely.
鈥淲e look forward to hearing how these trials progress and, if successful, we believe our award-winning product is well-placed to meet the need of commuters looking for a more energy-efficient and safer way to travel.鈥�