Vässla

About Vässla

Vässla is a Swedish micromobility company founded in Stockholm in 2017 by Rickard Bröms, who was joined by Peter Klangsell, Mikael Klingberg, and German engineer Professor Uwe Hager. The idea originated from Bröms' personal frustration with urban commuting and the difficulty of purchasing an e-moped in Sweden, leading him to develop his own solution to reduce city congestion and pollution. The company initially focused on a direct-to-consumer sales model for its e-mopeds and expanded its product line to include e-bikes.

A significant pivot in Vässla's business strategy occurred in 2021 following an $11 million (€9 million) funding round led by Skabholmen Invest. This capital infusion facilitated the company's transition from a direct sales model to a more scalable, subscription-based rental platform called Vässla Club. This subscription service is designed to make micromobility more accessible and caters to different user segments through tailored plans. "Vässla Club for People" offers monthly subscriptions for personal use, "Vässla Club for Delivery" provides weekly subscriptions for delivery drivers, and "Vässla Club for Enterprises" supplies hourly rentals for businesses like hotels and resorts. This recurring revenue model was intended to differentiate Vässla in a competitive market.

Vässla's product portfolio includes the Vässla Pedal e-bike, the Vässla Bike, and the Vässla Scooter (e-moped). The Vässla Pedal, designed in collaboration with Christian Zanzotti, won a German Design Award and features a unisex aluminum frame, carbon-fiber fork, a 250W rear-hub motor, and a removable 360-Wh battery, offering a range of up to 100 km. The Vässla Bike is a hybrid between an e-bike and an e-scooter, equipped with a 450W motor and a 40km range, designed for users who prefer not to pedal. The Vässla Scooter is a more powerful e-moped with a top speed of 45 km/h and a range of up to 120 km with two batteries. Despite its growth and product development, the company faced financial difficulties due to high expansion costs, leading to bankruptcy in early 2024, though the brand continues under new leadership.