APCOA PARKING Group, Europe’s largest parking operator and Swiftmile, the pioneer in micromobility charging, today announced a partnership to bring e-scooter and e-bike charging to urban parking garages. In a joint event with the City of Stuttgart during its ‘Mobility Week’, Swiftmile and APCOA inaugurated charging stations at 4 APCOA parking garages throughout the city, with plans to expand to 10+ locations this Fall.
This partnership is a founding element of APCOA's new "Urban Hubs" initiative, which reimagines urban parking garages as technology-forward ecosystems for electrification, multimodal travel, and last-mile logistics. Stuttgart will be a "showcase city" for adapting parking infrastructure to support a shift toward micromobility-which can replace an estimated 6 out of 10 car trips in German cities.
"There are emerging opportunities around the globe to repurpose car parking infrastructure for the new era of urban transport, and we're honored to partner with APCOA to lead this trend in Germany," says Swiftmile CEO Colin Roche. "These strategically-placed Swiftmile stations will help grow sustainable modeshare in Stuttgart, and we're eager to continue this work across other APCOA markets."
"The digital and on-demand economy, especially in the field of mobility and logistics, needs a physical basis and a smart and flexible infrastructure," says Philippe Op de Beeck, CEO of APCOA. "With more than 11,000 sites we have created Europe's largest network of digitally connected car parks. Our hubs combine parking with logistics and technology services, shared mobility platforms and charging infrastructure for electric vehicles. We are excited to welcome Swiftmile as a partner in our locations."
The first user of the charging stations will be Germany's leading micromobility operator TIER, which already hosts its battery swap kiosks for e-scooters in APCOA garages. TIER will use the Swiftmile stations to directly recharge its local fleet of 1,500 e-scooters, and to allow seamless multimodal travel for APCOA parking patrons. Future iterations of this partnership may also support charging needs for TIER's e-bike and e-moped fleet.
This collaboration is the start of a budding alliance between TIER and Swiftmile in Germany, between Swiftmile and APCOA across Europe, as well as TIER and APCOA across Europe.
"The innovative charging stations from Swiftmile are another element in the development of a decentralized charging network in Stuttgart," says Anna Lauffer, Regional Manager Southern Germany at TIER. "Thanks to the cooperation with APOCA and Swiftmile at the Urban Hubs, we can enable a convenient switch from cars to e-scooters for the last mile."
This is the latest deployment in a series of partnerships that Swiftmile has cultivated to minimize micromobility clutter and advance shared, sustainable mobility. In June, Swiftmile partnered with Shell Brands International AG to fold micromobility charging into Shell's portfolio of electric vehicle charging services. Swiftmile has also ramped up its efforts to transform parking infrastructure in North America, most recently entering a partnership to deploy 100+ charging stations with the Miami Parking Authority.
About Swiftmile: Swiftmile is the pioneer and market leader in LEV charging, offering a new class of green infrastructure that will set the foundation for "gas stations of the future." We build and operate Mobility Hubs to charge and organize e-scooters, e-bikes and e-mopeds, at little or no cost to cities thanks to an on-Hub advertising screen. Swiftmile's infrastructure is driving battery and charging standardization for the global micromobility sector, with Hubs across North America and Europe. Swiftmile is based in San Carlos, CA. For the latest updates and information on Swiftmile, visit swiftmile.com
APCOA and REEF announce exciting new urban mobility hubs collaboration across 1,500 locations in UK & Ireland
APCOA and REEF are delighted to announce an exciting new partnership which will allow the parties to jointly turn existing locations into distribution and logistics centres for greener, more efficient last-mile deliveries.
The deal supports APCOA's vast network of 1,500 locations across UK & Ireland to maximise value and utilisation for their clients and is a great opportunity for APCOA to deliver further innovative and technology led solutions as part of its Urban Mobility Hub strategy.
The type of new applications REEF will deploy includes its REEF Kitchens, on-demand food and retail services, vertical farms, and MFC (Micro-Fulfilment-Centres).
By working together, APCOA and REEF will positively shape the future of UK towns and cities, turning them into more sustainable and inclusive centres of community and opportunity.
Kim Challis, APCOA's Regional Managing Director for UK & Ireland said: "This collaboration with REEF makes the most of both organisations' innovative and technology-focused strengths. It also provides a wide range of opportunities for the further expansion of APCOA's Urban Mobility Hubs to deliver sustainable solutions and benefits to our clients, customers who use the car parks and to the local communities."
"We're thrilled to be partnering with APCOA to expand our customer reach and re-think the way urban space like car parks are used," said Serdar Erden, EU COO for REEF Technology. "We look forward to partnering together long into the future to bring the best goods services and experiences to more neighbourhoods."
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About APCOA PARKING Group APCOA PARKING Group is Europe's leading parking services operator with 50 years' experience operating in 13 countries. APCOA is transforming its car parks into Urban Hubs, providing the physical and digital infrastructure for mobility, logistics, electric vehicle charging, and technology-based services. Customers benefit from innovative and convenient experiences provided by APCOA and its trusted partners which use the car parks to deliver their services. This approach helps reduce emissions in cities by decreasing the volume of traffic for logistic operations and customers searching for parking. By connecting parking, mobility and services for urban life, APCOA is positioned to be an integral part of the digital and physical urban ecosystem.
About REEF REEF transforms urban spaces into community hubs that bring the best goods, services, and experiences to the neighbourhood. With an ecosystem of 5,000 locations, over 200 brand partnerships and a team of over 18,000 people, REEF is the largest operator of delivery restaurants and parking real estate in North America. Backed by visionary investors such as Softbank and Mubadala REEF is expanding globally and aims to be the world's neighbourhood company. By connecting the world to your block, we're making the place you live, the place you love to be.
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STUTTGART (July 9, 2021) – APCOA Parking Holdings GmbH, a limited liability company (Gesellschaft mit beschränkter Haftung) organized under the laws of Germany (the “Issuer” and, together with its subsidiaries, the “Group”), today announced that it intends to offer €665,000,000 in aggregate principal amount of senior secured notes due 2027 (the “Notes”), to be comprised of fixed rate senior secured notes and floating rate senior secured notes. If completed, the proceeds from the offering of the Notes will be used by the Group to (i) fully repay certain of its existing indebtedness, including accrued interest, (ii) fund cash to the Group’s balance sheet for general corporate and working capital purposes and (iii) pay fees and expenses incurred in connection with the offering of the Notes.
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APCOA URBAN HUBS are Providing the Physical and Digital Service Infrastructure for Sustainable Urban Life
- APCOA opens its car parks as Urban Hubs to provide the physical and digital infrastructure for strategic partners in mobility, electrification, logistics and on-demand services.
- With the strategic expansion of its product portfolio, APCOA forms an integrated ecosystem of Smart City and Smart Mobility services and actively contributes to the sustainable transformation of urban areas and the reduction of CO2 emissions
- APCOA sees substantial revenue potential by opening its more than 1.5 million parking spaces and over 1.9 million sqm available logistics space for urban logistics, mobility, electric charging infrastructure and technology services
- Real estate owners benefit from embedding their properties in the digital urban ecosystem and gain access to APCOA's exclusive network of partners
- APCOA's strategic partners include Bosch, BVG, Daimler, E.ON, HERE Technologies, Sixt and UFO Drive amongst others
Stuttgart, 19. February 2021 - APCOA PARKING (APCOA), Europe's leading parking space operator, has launched APCOA URBAN HUBS to create an integrated ecosystem for the future-ready and sustainable use of parking spaces. To develop and implement their own business models, strategic partners get access to the physical and digital infrastructure of APCOA. Customers on the other hand, benefit from an expanded range of innovative services and products. Lastly, the asset values of real estate owners are enhanced by higher frequencies due to a wide range of additional use cases based on APCOA's strong network of strategic partners.
"The digital and on-demand economy, especially in the field of mobility and logistics, needs a physical basis and a smart and flexible infrastructure. With more than 11,000 sites we have created Europe's largest network of digitally connected car parks. Our hubs combine parking with logistics and technology services, shared mobility platforms and charging infrastructure for electric vehicles - and are already making a major contribution to creating the Smart Cities of the future", explains Philippe Op de Beeck, CEO of APCOA PARKING Group.
Under the APCOA URBAN HUBS brand, APCOA is extending the functionality of its car parking facilities, integrating them into a dedicated digital ecosystem based on the company's proprietary digital platform, APCOA FLOW. All car parks are thereby transformed into potential hubs for a broad range of sustainable services. The company's initial focus is on multi-storey car parks in inner-city areas. These locations offer the greatest potential for improving the efficiency of last-mile logistics, reducing inner-city logistics traffic and, as a result, achieving substantial reductions in CO2 emissions. By increasing the provision of electric charging infrastructure, APCOA URBAN HUBS also actively support the mobility transition to electric mobility. City dwellers and commuters without own parking space or charging station will find a suitable offer in APCOA's URBAN HUBS. Only with a guaranteed access to this infrastructure the purchase of an electric vehicle becomes appealing.
"Over the next few years, we want to continuously expand our network of several hundred APCOA URBAN HUBS throughout Europe. For car park owners, our expertise creates value by diversifying cash flows and enabling a sustainable strategy that has a positive impact on the long-term value of their assets. Currently, we are engaged in promising talks with a large number of potential partners. All of them appreciate our high location density and the fact that 230 million consumers are reachable around our properties in European city centres. Consequently, our current and potential partners are keen to take advantage of APCOA's advanced digital network to enhance their own business models", explains Op de Beeck. Currently, Bosch, BVG, Daimler, E.ON, HERE Technologies, Sixt and UFO Drive are amongst the strategic partners of APCOA.
The APCOA brand has long been synonymous with the consistent implementation of a comprehensive digital and innovation strategy. In 2018, the company launched APCOA FLOW, its multi-award-winning, scalable platform that provides its partners with integrated, contact-free access to inner-city car parks via individual interfaces. "As a result, we are very well positioned to meet the challenges associated with evolving parking space usage and the requirements of cities and municipalities. It is only by anticipating and actively helping to shape fundamental economic and societal processes that we will be able to successfully adapt to and benefit from these changes", says Op de Beeck.
Urban Hubs is APCOA's answer to some of the greatest trends of this day and age: the significant growth of online and on-demand commerce, which drives demand for inner-city logistics space, increasing urbanisation and the rise of electric mobility.