- Helbiz Inc HLBZ has pitched a technology and safety solution to promote the use of helmets. Helbiz will first roll out the new feature in Miami and plans to implement it across markets soon.
- The new artificial intelligence and facial recognition feature will require users to take a selfie of themselves wearing a helmet to unlock and ride an e-scooter or earn an incentive.
- Helmets will be attached to each scooter for added convenience and accessibility and will also be available for free online.
- The company has partnered with several local restaurants and cafes in Brickell, Downtown, and Coconut Grove to provide free helmets.
- The City of Miami's new regulations will now permit e-scooter riding during the reduced hours of 6 am-9 pm ET.
- Price Action: HLBZ shares are trading higher by 0.15% at $8.09 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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