Bosch to stop motor scooter-sharing service Coup in Europe

International

BERLIN (AP) — German engineering firm Bosch is shutting down its motor scooter-sharing service Coup, currently operating in four European cities.

In a statement Monday, Coup said it will end its operations in Berlin and the southwest German city of Tuebingen in mid-December. It said services in Paris and Madrid would also be discontinued shortly.

The company said it was not economically feasible to continue operating over the long term “given a sharing market that is extremely competitive and the service’s high costs.”

Coup offered about 6,000 battery-powered motor scooters that could be located and rented using a smartphone app.

The company said it would help its 120 employees find new jobs or offer them severance packages.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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