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Micro-mobility operations leader partners with GenZe and DivcoWest to
provide high-rise office building in Los Angeles County with shared
e-bikes

BOSTON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Glendale?src=hash” target=”_blank”gt;#Glendalelt;/agt;–Zagster,
the industry’s leading operations platform for the micro-mobility
sharing economy and leading provider of micro-mobility programs to
properties in the United States, announced today that it has launched
the country’s first electric bike (e-bike) share program for a
commercial property in the United States. In partnership with GenZe,
the Silicon Valley-based electric micro-mobility startup recently
acquired by Mahindra
Automotive North America
, the innovative amenity program is being
offered at Glendale Plaza, a DivcoWest
commercial property at 655 North Central Avenue in Glendale, California,
located eight miles north of downtown Los Angeles.

The program will launch with 15 e-bikes, which will be provided free of
charge and exclusively to tenants. Zagster will manage GenZe’s fleet of
bikes. DreamWorks Animation is among the tenants in Glendale Plaza.

“We are thrilled to be able to be the first commercial property in the
United States to provide e-bikes to our tenants,” Peter Hong, General
Manager, DivcoWest, said. “We want our tenants to get out and enjoy the
vibrant Glendale community – such as The
Americana at Brand
but what we’ve found is many of the destinations
are too close for a car and too far for a pedal bike. The e-bike is the
perfect mode of transportation to connect our tenants with the
community.”

A 2018
National Institute for Transportation study
found that e-bike riders
bike more often, take longer trips and make different types of trips
than they do on pedal bikes. While the popularity of e-bikes is on the
rise in the United States, other parts of the world have already
witnessed significant adoption. DivcoWest anticipates that tenants will
leverage the availability of e-bikes to run errands, grab lunch, and
other activities without the risk of losing their parking spot or facing
the notorious traffic in Los Angeles.

“We’ve partnered with DivcoWest since 2015 to provide pedal bike sharing
to its world-class tenants and we are excited to partner on the
first-ever launch of shared e-bikes at a commercial real estate
property,” Timothy Ericson, founder and Chief Business Officer, Zagster,
said. “There is a world of opportunity in providing the experience of
e-bikes to the enterprise market and we look forward to delivering our
operational excellence to other commercial property owners in the
future.”

Tom Valasek, Chief Commercial Officer, GenZe, said, “DivcoWest has a
clear vision for how micro-mobility amenities can create a better
experience for its tenants. It is the perfect application for our
e-bikes, which are specifically designed to offer an affordable, easy to
use, zero-emissions alternative to traditional personal transportation
options.”

To learn more about Zagster’s real estate program, visit: https://www.zagster.com/real-estate

About Zagster

Since 2007, Zagster has been at the forefront of the micro-mobility
revolution. We know that the promise of micro-mobility is anchored in
world-class operations. As such, Zagster offers turnkey operations and
support services for any micro-mobility product. We strive to make
shared mobility work within communities large and small. We currently
operate more than 250 micro-mobility vehicle shares across 35 states. We
understand that although the scooters, pedal bikes and e-bikes are
swappable, the professional service operations are not. At Zagster, we
help communities and partners build and operate best-in-class solutions.
Let us be your ride. Visit us at https://www.zagster.com/
and on Twitter @zagster.

About GenZe

GenZe has
a simple motto: “Two Wheels. One Planet. Zero Emissions.” We are
committed to providing easily accessible personal transportation through
e-Bikes and e-Scooters loaded with smart, connected technology and
powered by sustainable, zero-emissions electric energy. GenZe
manufactures and assembles in Ann Arbor, Michigan with corporate
headquarters in Silicon Valley. GenZe is a division of the
globally-expanding $22 billion Mahindra
Group
, which focuses on enabling people to rise through new and
better solutions to tomorrow’s challenges. The Mahindra Group is a
worldwide leader in aerospace, automotive, utility vehicles, tractors,
motorcycles, clean energy, and more. For more information on GenZe,
visit us at www.genze.com or
follow us on social media at Facebook.com/RideGenZe@RideGenZe on
Twitter, and @RideGenZe on
Instagram.

Contacts

For Zagster

Phil LeClare
Public Relations
[email protected]
(617)
209-9406

For GenZe

Holly Brinkman
Head of Marketing for
GenZe
[email protected]
(773)
633-9720