Helbiz launches electric scooters and e-bikes in Ferrara, Italy

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FERRARA, Italy – (BUSINESS WIRE) –Helbiz, a world leader in micro-mobility which is the business combination objective of GreenVision Acquisition Corp. (Nasdaq: GRNV), today announced the launch of 200 electric scooters and 200 electric bikes in the city of Ferrara, Italy, to provide its citizens with an agile and environmentally friendly way to travel.

Ferrara’s electric scooters and bicycles will be able to move around freely in an operating area of ​​25 km². Vehicles can be parked in dedicated parking areas identified by the Municipality of Ferrara and are visible in the Helbiz app, which will display both types of vehicles on the same map.

The arrival in Ferrara strengthens Helbiz’s presence in Emilia-Romagna, where the service is already active in Cesena, Ravenna, Parma and Modena, for a total of nearly 1,500 vehicles authorized on the road. In addition, runners plan routes in Ferrara using the Moovit app, the world’s first app for public transport, will be able to display and select the suggested routes available with Helbiz electric scooters.

The launch of another city with an ecosystem of both e-scooters and e-bikes demonstrates Helbiz’s continued commitment to making intra-urban mobility complementary to public transport options and is a valuable ally for municipalities to make more beautiful and more sustainable cities. .

To rent a Helbiz vehicle, users can simply access the free Helbiz mobile application, downloadable on Android and iOS smartphones, locate the nearest vehicle in the georeferenced map and unlock it by scanning a QR code located on the handlebars. In addition, users can also pay for their groceries in cash through the cash reload function, which generates a barcode to be displayed at all affiliated points.

The rental rates for an electric scooter include a cost of 1 euro for the initial unlocking and 0.20 euro for each minute of use. In addition to the standard rates, runners can also benefit from a flat rate via Helbiz UNLIMITED at a cost of 29.99 euros per month, which allows an unlimited number of daily trips lasting 30 minutes (at least 20 minutes apart) and access to the Telepass Pay with 30 minutes of free walks. Renting an electric bike will cost 0.20 euro for the initial version and 0.10 euro per minute thereafter.

For more information visit: Helbiz: http://www.helbiz.com

About Helbiz

Helbiz is a world leader in micro-mobility services. Launched in 2016 and headquartered in New York City, the company operates electric scooters, e-bikes and electric mopeds in more than 30 cities around the world, including Washington, DC, Alexandria, Arlington, Atlanta, Jacksonville, Miami, Milan, Richmond and Rome. Helbiz uses a personalized and proprietary fleet management platform, artificial intelligence and environmental mapping to optimize operations and business sustainability. Helbiz announced on February 8, 2021 that it had entered into a merger agreement with GreenVision Acquisition Corp. (Nasdaq: GRNV) (“GreenVision”) a SPAC, which at closing will enable Helbiz to become the first micro-mobility company listed on Nasdaq.

About GreenVision Acquisition Corp.

GreenVision Acquisition Corp. is a special purpose acquisition company incorporated under the laws of the State of Delaware for the purpose of effecting a merger, stock exchange, asset acquisition, share purchase, a reorganization or a similar business combination with one or more businesses.

Forward-looking statements

Certain statements made in this press release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “Believe “,” To expect “,” to estimate “,” to plan “,” to foresee “and” to project “and other similar expressions which predict or indicate future events or trends or which are not statements on historical matters . These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. Therefore, caution should be exercised in relying on forward-looking statements. Due to known and unknown risks, actual results may differ materially from the expectations or projections of Helbiz, Inc. (the “Company”) or GreenVision. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) the occurrence of any event, change or other circumstance that could result in the termination of the merger agreement; (ii) the Company’s ability to meet Nasdaq listing standards following the transaction and in connection with its completion; (iii) failure to complete the transactions contemplated by the Merger Agreement due to failure to obtain approval from Company shareholders or GreenVision shareholders or for other reasons; (iv) failure to meet the minimum cash requirements of the merger agreement due to shareholder buybacks from GreenVision and the inability to obtain replacement funding; (v) failure to meet planned development and production objectives; (vi) costs associated with the proposed transaction; (vii) changes in applicable laws or regulations; (viii) the ability of the combined company to achieve its financial and strategic objectives, due, among other things, to competition, the ability of the combined company to pursue a growth strategy and manage its profitability growth; (ix) the possibility that the combined company may be affected by other economic, commercial and / or competitive factors; (x) the effect of the COVID-19 pandemic on the Company and GreenVision and their ability to complete the transaction; and (xi) the other risks and uncertainties described herein, as well as the risks and uncertainties discussed from time to time in other reports and other public documents filed with the Securities and Exchange Commission (the “SEC”) by the Society. Additional information regarding these and other factors that may affect the company’s expectations and projections can be found in GreenVision’s periodic filings with the SEC, including its annual report on Form 10-K for the The fiscal year ended December 31, 2020 and its preliminary proxy circular on Schedule 14A was filed on April 8, 2021. The documents filed by GreenVision with the SEC are available to the public on the SEC’s website at ‘address www.sec.gov. Any forward-looking statement we make in this press release is based solely on information currently available to GreenVision and Helbiz and speaks only as of the date on which it is made. GreenVision and Helbiz do not undertake to publicly update any forward-looking statements, whether written or oral, which may be made from time to time, whether as a result of new information, future developments or otherwise, unless the law requires it.

Additional information about the transaction and where to find it

In connection with the proposed business combination, GreenVision has filed a preliminary proxy circular on Schedule 14A with the SEC. In addition, GreenVision will file other relevant documents with the SEC in connection with the business combination, including a definitive proxy circular. Copies can be obtained free of charge from the SEC’s website at www.sec.gov. Holders of GreenVision securities are urged to read the Proxy Circular and other relevant documents when available before making any voting decisions regarding the proposed business combination, as they will contain important information about the combination. companies and parties to the business combination. The information contained in or accessible through the websites referenced in this press release is not incorporated by reference and does not form part of this press release. Shareholders of GreenVision may also obtain a copy of the Preliminary Proxy Circular or, when available, the Final Proxy Circular, as well as other documents filed with the SEC by GreenVision, free of charge, at SEC website at www.sec.gov or by directing a request to: GreenVision Acquisition Corp., One Penn Plaza, 36th Floor, New York, New York 10019.

Participants in the solicitation

GreenVision and its directors and officers may be considered participants in the solicitation of proxies from the shareholders of GreenVision in connection with the proposed business combination. Securityholders may obtain more detailed information regarding the names, affiliations and interests of certain officers and directors of GreenVision in the solicitation by reading GreenVision’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, the preliminary proxy circular filed with the SEC on April 8, 2021, and the final proxy circular and other relevant documents when filed with the SEC in connection with the business combination. Helbiz and its officers and directors may also be considered participants in such a solicitation in the context of the business combination. A list of the names of these directors and officers as well as information regarding their interests in the business combination are set out in the preliminary proxy circular, filed April 8, 2021 with the SEC, and the proxy circular. definitive, when filed with the SEC, in connection with the proposed business combination. These documents can be obtained free of charge from the sources indicated above.

Non-solicitation

This press release does not constitute a solicitation of any proxy, consent or authorization with respect to any security or with respect to the proposed transaction. This press release also does not constitute an offer to sell or the solicitation of an offer to buy any securities, or any sale of securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the release. registration or qualification under the securities laws of such jurisdiction. No offer of securities will be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.



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