Mobility technology provider FOD Mobility Group has announced plans to expand services across Europe with the opening on Friday of a new office in Dusseldorf, Germany.
The UK-based company, which offers a number of Mobility as a Service (MaaS) platforms, said the move represents a “firm commitment” to clients in Germany and across continental Europe.
FOD Mobility Group founder and CEO, Justin Whitston (pictured, far left) said: “The German market is undoubtedly one of the strongest and most influential tech hubs in Europe. There is a growing demand from cities and corporate organisations seeking to implement innovative and sustainable mobility solutions, accelerated by recent supply chain challenges in the vehicle leasing and rental markets.
“This is an exciting stage in our evolution as we continue to grow our capabilities across Europe and further deepen our connections with new and existing German clients. Our presence in Germany is just the start of our continued plans for rapid growth, with further office locations due to be opened throughout Europe this year.”
In a statement, FOD Mobility Group cited research from MarketsandMarkets that highlighted Europe (in particular, Germany and Finland) as an early adopter of MaaS, contributes approximately 32 per cent to the overall MaaS market globally.
The company’s services include Fleetondemand, which provides ground transportation booking services via a desktop app; MoveZero, focused on electric vehicles; and Mobilleo, its MaaS app for booking multi-modal travel including ground and air transport, hotels and airport lounges.
FOD Mobility Group said Mobilleo will soon be rebranded for use throughout the European market.
The company reportedly experienced significant growth throughout 2021 and 2022, recently featuring in this year’s Financial Times’ FT 1000 list of Europe’s fastest growing companies with a compound annual growth rate (CAGR) of 57 per cent.