App-driven ride company Taxify is renaming itself as Bolt. The ride company took to their social media platforms to announce the news.
Bolt is the name the company has been using for its electric scooter service, and will now be used for all the company’s services.
The name change also gives room that the business is not a car-only ride-hailing company by removing the word “taxi”.
The company plans to add more vehicles like scooters to its service list, while it also plans on entering the public transport market in the future.
The name Bolt further reflects the company’s focus on both electric vehicles and speed, said CEO Markus Villig.
“We are bullish that the future is fully electric and so we wanted a name that moved us away from the combustion engine,” said Villig.
Taxify has 25 million users and still counting in 30 countries across Europe and Africa.
Source: MybroadbandZA
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