{"id":1397,"date":"2025-02-21T16:23:58","date_gmt":"2025-02-21T16:23:58","guid":{"rendered":"https:\/\/fondsclimatmontreal.com\/kite-mobility\/"},"modified":"2025-03-05T19:15:16","modified_gmt":"2025-03-05T19:15:16","slug":"kite-mobility-en","status":"publish","type":"page","link":"https:\/\/fondsclimatmontreal.com\/en\/kite-mobility-en\/","title":{"rendered":"Kite Mobility"},"content":{"rendered":"\n
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Kite Mobility has developed an electric mobility sharing solution (vehicles, bikes and scooters) accessible from a centralized platform in condos, resorts or community properties. This is the first direct equity investment by the Greater Montreal Climate Fund, with co-investments by The Atmospheric Fund (TAF), Alberta EcoTrust and Good & Well!\u202f<\/p>\n <\/div>\n \n

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\n \n Investment <\/span>\n \n $250 000 <\/span>\n <\/p>\n

\n \n Category <\/span>\n \n Mobility <\/span>\n <\/p>\n

\n \n Type <\/span>\n \n Direct <\/span>\n <\/p>\n

\n \n Organization <\/span>\n \n Kite Mobility <\/span>\n <\/p>\n

\n \n Year <\/span>\n \n 2023 <\/span>\n <\/p>\n

\n \n Status <\/span>\n \n Closed <\/span>\n <\/p>\n <\/div>\n <\/span>\n <\/div>\n <\/section>\n\n\n\n\n

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\n \n $<\/span>\n

1,5k<\/h2>\n <\/span>\n
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The average monthly cost of owning a private vehicle, while it remains unused 95% of the time. Kite offers a cost-effective and low-emission alternative without compromising convenience.<\/p>\n<\/div>\n <\/div>\n\n<\/div>\n

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50<\/h2>\n <\/span>\n
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Vehicles \u2013 Kite has expanded from a single vehicle to 50 and aims for 200 by 2025 and 1,000 in the coming years.<\/p>\n<\/div>\n <\/div>\n\n<\/div>\n

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100k<\/h2>\n <\/span>\n
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Per space \u2013 The estimated cost for developers to build a single structured parking spot.<\/p>\n<\/div>\n <\/div>\n\n<\/div>\n

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30-40M<\/h2>\n <\/span>\n
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Savings \u2013 Removing a single parking floor (300\u2013400 spaces) can cut project costs by tens of millions. Just 10% of these savings can fund Kite\u2019s service for 2\u20133 years, supporting developers in marketing efforts and enhancing affordability for buyers.<\/p>\n<\/div>\n <\/div>\n\n<\/div>\n

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4,5M<\/h2>\n <\/span>\n
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Raised \u2013 Kite has secured over $4.5 million in investment and is raising an additional $10 million to meet strong demand and accelerate growth.<\/p>\n<\/div>\n <\/div>\n\n<\/div> <\/div>\n

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