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RIDE Coach and Bus

GPS-enabled app-based dockless e-scooter rental service

Overview

RIDE Coach and Bus operated as an app-based electric scooter rental service in Latin America. Users could locate nearby dockless e-scooters via a mobile app on Android or iOS, unlock them, and pay per ride. The scooters were GPS-tracked and designed for zero-emission urban mobility. The business combined a traditional app-based pay-per-use model with a franchise-driven expansion that placed scooter stations in partnership with local businesses, enabling growth across multiple locations. In 2018, RIDE merged with Grin to consolidate regional micro-mobility and attract investment from Provence Capital. Compared with its peers, RIDE differentiated itself through a franchising approach and a regional merger that aimed to create a larger, more connected network across Latin America. The company’s goal was to build a broad, accessible urban scooter network that could serve many cities in the region, though it later ceased operations and is currently considered deadpooled.

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About RIDE Coach and Bus

Simplify's Rating
Why RIDE Coach and Bus is rated
D-
Rated D- on Competitive Edge
Rated D- on Growth Potential
Rated D- on Differentiation

Industries

Automotive & TransportationConsumer Software

Company Size

11-50

Company Stage

Seed

Total Funding

$2M

Headquarters

Australia

Founded

2018

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Simplify's take

What believers are saying

  • HVIP updated October 24-November 4, 2026, approving K11M, Creator, and Achiever.
  • California DGS contract still lists RIDE buses, easing direct district purchases.
  • BYD touts 750 union jobs and apprenticeship programs, strengthening local hiring appeal.

What critics are saying

  • Demand depends on California vouchers; losing HVIP would slash buyer economics quickly.
  • BYD faces recurring forced-labor and security scrutiny, threatening school-district procurement decisions.
  • Federal Buy America and political backlash can isolate Lancaster orders, existentially shrinking U.S. volume.

What makes RIDE Coach and Bus unique

  • Lancaster factory and 750 unionized SMART Local 105 workers anchor domestic production.
  • BYD Coach and Bus sells school, transit, and motorcoach models under one brand.
  • California HVIP lists multiple RIDE models, proving broad state-market fit.

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Funding

Total Funding

$2M

Below

Industry Average

Funded Over

3 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$300k
$1.5M
$2M
$2.3M
$3M

Company News

PRLog
Jan 4th, 2024
Byd | Ride Type C, The Creator™, Welcomed Into California Hvip Voucher Program By Carb

Safest Battery Tech: Incorporating the industry's leading battery safety measures to ensure secure transportation for students.Incorporating the industry's leading battery safety measures to ensure secure transportation for students. California Craftmanship: Shipped from Lancaster, CA by SMART union workers who pride themselves on quality and reliability.Shipped from Lancaster, CA by SMART union workers who pride themselves on quality and reliability. Zero-Emission: The Creator can travel up to 175 miles on a charge and holds 79 seats, reducing greenhouse gas emissions and improving air quality for children in schools and communities.The Creator can travel up to 175 miles on a charge and holds 79 seats, reducing greenhouse gas emissions and improving air quality for children in schools and communities. V2G: All BYD | RIDE school buses are delivered V2G ready.End-- Officials with the California Air Resources Board (CARB) announced this week that the Creator™, a Type C battery-electric school bus manufactured by BYD | RIDE, will be eligible for inclusion in the state's voucher program for zero-emission trucks, buses and charging infrastructure.The Creator joins its BYD | RIDE relatives the Type A Achiever™ and Type D Dreamer™ in qualifying for the California Hybrid and Zero-Emission Truck and Incentive Project (HVIP) voucher program. The Creator is eligible for a base voucher amount of $120,000 and can be stacked with other incentives."We are honored that CARB has recognized the merits of our Type C and welcomed it into the HVIP program," said Patrick Duan, Senior Vice President BYD North America and Co-CEO RIDE. "This new bus further demonstrates our commitment to providing sustainable transportation solutions to school districts in California."The HVIP program, a cornerstone initiative by CARB, aims to accelerate the adoption of clean, advanced technologies in medium and heavy-duty vehicles

PRLog
Nov 30th, 2023
Byd | Ride Supports Women In Transportation With $5,000 Build Your Dreams Scholarship

LOS ANGELES - Nov. 30, 2023 - PRLog -- Julia Garcia, a dedicated graduate candidate for the Master of Infrastructure Planning and Management and the Master of Sustainable Transportation, has been selected as the esteemed recipient of the $5,000 WTS-LA BYD | RIDE Build Your Dreams scholarship. This award was announced during the Annual Scholarship and Awards Gala hosted by WTS-LA (Women in Transportation).Julia Garcia, currently a student at the University of Washington, has demonstrated exceptional commitment and passion for sustainable transportation. As a Sustainable Transportation Coordinator at California State University, Long Beach, she has already begun contributing to the advancement of environmentally friendly solutions."I am truly grateful and honored to be receiving this scholarship. It is a crucial lifeline given the financial challenges students face in higher education," Ms, Garcia. "This scholarship will provide me with invaluable support, allowing me to focus on my academic and career aspirations in the transportation industry

PRLog
Nov 8th, 2023
Byd | Ride Battery-Electric School Buses Awarded The California Dgs Contract

ContactAlexa Trujilloalexa.trujillo@ ride.co***@mediafycoms.com Alexa [email protected] BYD | RIDE announced today that its Type A and Type D school buses have been added to the California Department of General Services (DGS) statewide electric school bus contract. Customers interested in adding a zeroemission BYD | RIDE to their fleets can purchase directly from the contract without releasing their own request for proposal (RFP).The California DGS is an umbrella contract with no guaranteed purchase amount. It can act as a master contract with a base period of two years with options to extend three additional one-year periods."BYD | RIDE is thrilled that our battery-electric school buses, the Achiever (Type A) and the Dreamer (Type D), are eligible for the California DGS Contract," said Patrick Duan, BYD | RIDE Senior Vice President. "We look forward to providing zero-emission solutions to school districts throughout California and helping reduce emissions on the road."The Achiever, RIDE's battery-electric Type A school bus, can seat up to 30 passengers and has a battery capacity of 141 kWh while the Dreamer, its zero-emission Type D school bus, can seat up to 84 passengers and has a battery capacity of 230 kWh. A Type C model will be coming soon. All RIDE buses are equipped with the industry's safest battery, which comes with a 12-year warranty and may include ADA compliant wheelchair positions.The buses are purpose-built by members of the Sheet Metal, Air, Rail and Transportation (SMART) Workers Union, Local 105, at the BYD | RIDE Coach and Bus Facility located in Lancaster, CA.###About BYD | RIDE BYD |RIDE is the world's leading battery-electric bus manufacturer with over 80,000 vehicles on the road globally, and more than 1,000 vehicles on the road or in production in the United States

PRLog
Sep 26th, 2023
Steamship Authority Electrifies Fleet With Byd | Ride Zero-Emission Buses

FALMOUTH, Mass. - Sept. 25, 2023 - PRLog -- The Woods Hole, Martha's Vineyard and Nantucket Steamship Authority received its first three battery-electric buses from BYD | RIDE, a delivery that represents an important step in Steamship Authority's journey toward sustainable zero-emission transportation. The milestone was commemorated with a ribbon-cutting ceremony at its administrative office in Falmouth."We are proud to partner with the Steamship Authority and are committed to providing them with reliable and eco-friendly solutions," said Patrick Duan, Senior Vice President of BYD | RIDE. "The addition of the K9M buses will further enhance the environment and the surrounding communities by providing clean, zero-emission transportation."Steamship Authority, the largest ferry service to the islands of Martha's Vineyard and Nantucket from Cape Cod, will use the buses to provide transportation from offsite parking lots to the mainland ferry terminals in Hyannis and Woods Hole. The 40-foot K9M bus has a seating capacity of up to 37 passengers

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