Helbiz, An Italian Micro-mobility Chief, Launches Functions in Palermo to Offer E-Scooter Providers in Sicily

Helbiz, a world leader in micro-mobility that is the company blend focus on of GreenVision Acquisition Corp. (Nasdaq: GRNV), nowadays declared that it will offer you its fleet of 400 e-scooters in Palermo, the heart of Sicily. This will be the first metropolis on the island to give entry to the eco-sustainable two-wheeled autos.

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Helbiz launches operations in Palermo to give e-scooter services in Sicily (Image: Enterprise Wire)

“With its beautiful climate disorders, Palermo is an suitable town to run a micro-mobility assistance– a remedy that we consider will be properly gained by decongesting website traffic utilizing an eco-good friends solution,” explained Luca Santambrogio of Helbiz. “We are happy to be among the the first corporations to arrive in Sicily and to continue on bringing the micro-mobility revolution all over Italy with our ground breaking, sensible and environmentally sustainable motor vehicles.”

The e-scooters will be operational in the central districts of Sant’Erasmo, Oreto-Perez, Borgo Vecchio and Principe di Palagonia up to the Zisa Castle.

Consumers can easily entry e-scooters via the Helbiz mobile application on Android and iOS. On top of that, buyers can also spend for rides in dollars by means of the Cash Recharge method, which generates a barcode that can be quickly accessed and redeemed at the closest partner business establishment.

Helbiz recharges and manages its autos each day, making certain they are thoroughly preserved for safe and sound riding. The devices are also constantly monitored by means of a subtle geolocation technique that helps prevent any theft tries and stories any acts of vandalism.

The price tag to use the support includes an original cost of 1 euro for unlocking and 15 cents for every single moment of use. People can also subscribe to Helbiz Endless at a price tag of 29.99 euros per month, which presents an limitless selection of day-to-day excursions lasting 30 minutes (at minimum 20 minutes aside) and access to the service by way of Telepass Shell out with 30 minutes of absolutely free excursions.

For a lot more information, visit www.helbiz.com.

About GreenVision Acquisition Corp.

GreenVision Acquisition Corp. is a recently arranged unique reason acquisition organization formed under the laws of the Point out of Delaware for the reason of effecting a merger, funds inventory exchange, asset acquisition, stock buy, reorganization or equivalent enterprise mixture with just one or extra businesses.

About Helbiz

Helbiz is a know-how firm that gives micro city mobility methods with the intention of that contains the fee of targeted visitors enhance. With about 200 staff, the enterprise is a market place chief in Italy and across Europe and continues to increase and employ the service of area staff to take care of its worldwide functions. Released in 2015 and headquartered in New York Town, the company operates scooters, e-bikes and electric powered mopeds in additional than 20 metropolitan areas close to the planet. In the US, Helbiz has operations in Washington DC, Alexandria, Arlington, Atlanta, Miami and Richmond. Helbiz, Inc. announced on February 8, 2021 it has entered into a merger arrangement with GreenVision Acquisition Corp. (Nasdaq: GRNV) (“GreenVision”) a SPAC, which, on closing, will outcome in Helbiz turning into the 1st micro-mobility corporation mentioned on Nasdaq.

Telepass

The Telepass Team was launched in 2017 in order to produce an integrated technique of companies for mobility in city and added-city spots: an ecosystem of providers established to give individuals the probability to transfer freely, with out hurdles. The spots of knowledge array from the administration of mobility services to digital payments and insurance policies. Currently, the firms of the Telepass Team are fully commited to extending and guaranteeing obtain to their solutions in Europe as very well, in purchase to certainly completely transform every journey into a borderless expertise.

Ahead-Looking Statements

Specified statements manufactured in this press launch are “ahead-seeking statements” in just the indicating of the “harmless harbor” provisions of the Non-public Securities Litigation Reform Act of 1995. Ahead-looking statements might be determined by the use of phrases such as “foresee”, “think”, “expect”, “estimate”, “approach”, “outlook”, and “undertaking” and other identical expressions that predict or suggest future activities or traits or that are not statements of historical issues. These forward-looking statements mirror the present-day assessment of present information and are issue to a variety of risks and uncertainties. As a end result, caution must be exercised in relying on forward-searching statements. Because of to acknowledged and unfamiliar hazards, precise results may well vary materially from the Company’s or GreenVision’s expectations or projections. The following things, between many others, could cause precise benefits to differ materially from those people explained in these forward-searching statements: (i) the event of any party, adjust or other circumstances that could give rise to the termination of the Merger Settlement (ii) the means of the Company to meet up with Nasdaq listing expectations subsequent the transaction and in link with the consummation thereof (iii) the lack of ability to total the transactions contemplated by the Merger Settlement thanks to the failure to receive approval of the stockholders of the Organization or the stockholders of GreenVision or other reasons (iv) the failure to fulfill the minimum money prerequisites of the Merger Settlement thanks to GreenVision stockholder redemptions and the failure to get hold of substitute financing (v) the failure to meet up with projected advancement and generation targets (vi) costs similar to the proposed transaction (vii) alterations in relevant guidelines or polices (viii) the capability of the put together firm to meet up with its monetary and strategic ambitions, owing to, amongst other issues, level of competition, the ability of the combined corporation to go after a expansion tactic and deal with advancement profitability (ix) the risk that the combined corporation may perhaps be adversely impacted by other financial, enterprise, and/or aggressive things (x) the influence of the COVID-19 pandemic on the Corporation and GreenVision and their potential to consummate the transaction and (xi) other challenges and uncertainties described herein, as effectively as people challenges and uncertainties talked over from time to time in other reports and other community filings with the Securities and Trade Fee (the “SEC”) by the Enterprise. Additional details about these and other components that may possibly impact the Company’s expectations and projections can be located in GreenVision’s periodic filings with the SEC, including its Annual Report on Type 10-K for the fiscal yr ended December 31, 2019. GreenVision’s SEC filings are available publicly on the SEC’s site at www.sec.gov. Any forward-looking statement built by us in this press launch is primarily based only on information at the moment accessible to GreenVision and Helbiz and speaks only as of the day on which it is produced. GreenVision and Helbiz undertake no obligation to publicly update any ahead-on the lookout statement, no matter whether created or oral, that may be made from time to time, whether or not as a outcome of new information, future developments or normally, except as necessary by legislation.

More Information and facts about the Transaction and Wherever to Locate It

In relationship with the proposed business combination, GreenVision will file a proxy assertion with the SEC. In addition, GreenVision will file other relevant products with the SEC in connection with the company mix. Copies may possibly be attained free of charge of cost at the SEC’s net web page at www.sec.gov. Safety holders of GreenVision are urged to study the proxy assertion/prospectus and the other pertinent components when they come to be obtainable prior to generating any voting conclusion with regard to the proposed small business blend due to the fact they will have crucial data about the company blend and the functions to the company mix. The information and facts contained on, or that could be accessed by means of, the internet sites referenced in this push launch is not integrated by reference into, and is not a portion of, this press release. GreenVision’s stockholders may possibly also get hold of a copy of the preliminary or definitive proxy statement, as soon as available as well as other paperwork submitted with the SEC by GreenVision, with out cost, at the SEC’s web-site found at www.sec.gov or by directing a request to: GreenVision Acquisition Corp., 1 Penn Plaza, 36th Flooring, New York, New York 10019.

Individuals in Solicitation

GreenVision and its directors and officers may well be deemed participants in the solicitation of proxies of GreenVision’s shareholders in connection with the proposed organization mixture. Helbiz and its officers and directors may well also be deemed members in these types of solicitation. Security holders could get hold of far more in-depth information with regards to the names, affiliations and pursuits of certain of GreenVision’s executive officers and administrators in the solicitation by reading GreenVision’s Yearly Report on Type 10-K for the fiscal calendar year finished December 31, 2019, and the proxy statement/prospectus and other suitable resources submitted with the SEC in link with the enterprise mixture when they grow to be out there. Info concerning the pursuits of GreenVision’s participants in the solicitation, which might, in some circumstances, be unique than those of their stockholders usually, will be set forth in the proxy assertion/prospectus relating to the business mixture when it turns into readily available.

Non-Solicitation

This press launch does not represent a solicitation of a proxy, consent or authorization with regard to any securities or in regard of the proposed transaction. This press launch also does not constitute an offer you to market or the solicitation of an give to purchase any securities, nor will there be any sale of securities in any states or jurisdictions in which such offer you, solicitation or sale would be illegal prior to registration or qualification less than the securities rules of any these types of jurisdiction. No providing of securities will be created besides by signifies of a prospectus assembly the prerequisites of Segment 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

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Contacts

United states of america

The Blueshirt Team
Gary Dvorchak, CFA
Telephone: +1 (323) 240-5796
E mail: [email protected]

Agent of Adjust
Marcy Simon
Cell phone: +1 (917) 833-3392
Email: [email protected]

ITALY

Helbiz Investor Relations
[email protected]

MY PR
tel. 0039 02 54123452
Giorgio Cattaneo – tel. 335 7053742 electronic mail: [email protected]
Marcella Vezzoli – tel. 337 1313471 e-mail: [email protected]
Fabio Micali – tel. 340 8758736 electronic mail: [email protected]