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Usain e-bike firm Bolts

Theo Wayt

A startup co-founded by legendary Jamaican sprinter Usain Bolt has run out of money — and has abandoned hundreds of unusable electric scooters and bicycles across the US.

Bolt Mobility has abruptly stopped operating in eight US cities over the past several weeks, leaving behind pricey mini-electric vehicles that can only be unlocked through its now-nonfunctioning mobile app. Abandoned Bolt-vehicle cities include Portland, Ore.; St. Augustine, Fla.; Richmond, Va.; Richmond, Calif.; and three cities in Vermont, TechCrunch reported.

Richmond, Calif.’s mayor indicated Bolt “went out of business without prior notification or removal of their capital equipment from city property,” the outlet said.

Bolt did not respond to a request for comment.

BUSINESS

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2022-08-17T07:00:00.0000000Z

2022-08-17T07:00:00.0000000Z

https://nypost.pressreader.com/article/282303913923872

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