What Mooving does

Mooving (주식회사 무빙 / MOOVING Co., Ltd.) is a Seoul-based e-mobility platform founded in 2021 that builds and operates an integrated ecosystem serving last-mile delivery in South Korea, with nascent expansion into India. The company targets individual delivery riders (working for platforms such as Baemin and Coupang Eats), small and medium-sized hub operators (delivery service station owners), and commercial fleet operators, with primary use cases in food, parcel, and express logistics. Its core proposition replaces high-maintenance gasoline scooters with IoT-connected electric bikes supported by a swappable battery network, eliminating the 2–3 hour charging downtime that constrains commercial rider utilization.

The product portfolio combines proprietary hardware, infrastructure, and software. The vehicle layer consists of the MV OTOS-100 (3,000W motor, 70km/h top speed) and the Podo E2K (4,000W center motor, dual 72V 40Ah swappable lithium battery, belt-driven, Disc/CBS brakes). The proprietary dual-pack Podo battery system swaps in under 10 seconds and delivers up to 72 km per charge. The Battery Swapping Station (BSS) network provides automated, IoT-connected swapping with 2.5-hour full charging, automatic climate/temperature control, remote-controlled battery locks, real-time battery status monitoring, and solar panels embedded on station roofs; clusters can connect up to 7 stations with 16 slots each. The MV Integrated Smart Platform (MISP) ties together hub management, rider administration, payments, and service center coordination, while the podofriends web portal aggregates Korean bike leasing, financing, and rental products into a single comparison and ordering channel, and the Mooving App provides riders with bike status, station location, and service center data.

Revenue is generated through four streams: per-swap usage fees at BSS stations (Battery-as-a-Service), sale and lease of electric bikes to riders and fleet operators (with finance aggregation commissions through podofriends), subscription access to the MISP fleet management platform for hub operators and commercial fleet managers, and affiliate/referral fees from Korean bike finance providers distributed through podofriends. The go-to-market combines direct-to-rider self-service via the Mooving App, channel partnerships (notably Lectrix EV in India, which deployed 1,000 Mooving-compatible electric two-wheelers with Bike Bazaar for last-mile logistics), and event-driven outreach at Korean mobility conferences. Total disclosed funding is approximately $6.06M across a 2022 Series 1 ($4.93M from a multi-investor syndicate) and a 2023 Series A bridge from Daedong Mobility (~$1.13M); the company employs 11–50 staff and remains privately held.

Name

Mooving

Legal name

주식회사 무빙 (MOOVING Co., Ltd.)

Website

https://mooving.co.kr

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Mooving is a Seoul-based e-mobility platform integrating swappable-battery electric bikes, a battery swapping station network, and the MISP fleet management platform to serve last-mile delivery riders, hub operators, and commercial fleet customers in South Korea and India.

Ownership category

akta.pro rank

Product category

Last-Mile Delivery E-Mobility

SIC

Motorcycles, Bicycles & Parts (3751), Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

Two-/Three-Wheeler Delivery Vehicles Rental/Leasing (Scooters, Mopeds, Trikes) (TLABAGAC)

akta.pro secondary industries

Courier/Delivery Driver Vehicle Rental Programs (Gig/Owner-Operator) (TLABAGAI), Shared Mopeds/Motorbike Share (TLAFAMAH)

Keywords

• Battery swapping infrastructure
• Electric delivery bikes
• Fleet management platform
• Last-mile e-mobility
• Battery-as-a-service

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Supply Chain, Infrastructure, Operations, Personnel, Marketing or Sales

Revenue model

1. Battery-as-a-Service (BaaS) via Battery Swapping Stations: Mooving operates a network of battery swapping stations where riders exchange depleted batteries for fully charged ones. Revenue is generated through per-swap fees, likely subscription or usage-based billing via the Mooving App. The model eliminates range anxiety and vehicle downtime for commercial delivery riders.
2. Electric Bike Sales and Leasing: Mooving sells and leases electric bikes (e.g., MV OTOS-100, Podo E2K) to delivery riders and fleet operators. The podofriends platform aggregates multiple bike finance providers, enabling one-click ordering of leasing or rental products, creating a distribution commission revenue stream.
3. Fleet Management Platform (MISP) Subscription: Hub operators, delivery service companies, and fleet managers use MISP for integrated management of riders, bikes, service centers, and payments. This platform is offered as a subscription service to B2B customers managing delivery fleets.
4. Bike Finance Aggregation Platform: Through podofriends.com, Mooving aggregates bike leasing and rental products from multiple Korean bike finance companies on a single web platform, earning referral/affiliate fees from financial institutions.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Mooving provides an integrated sustainable e-mobility platform for last-mile delivery, combining IoT-connected electric delivery bikes (MV OTOS-100, Podo E2K), a network of automated Battery Swapping Stations (BSS) with proprietary swappable lithium batteries, and the MV Integrated Smart Platform (MISP) that manages hubs, riders, service centers, and retailers on a single system. It also operates podofriends, a web platform aggregating Korean bike leasing and finance products, enabling one-click ordering for delivery riders and hub operators.

Product overview

Mooving operates as a platform-plus-modules architecture offering integrated sustainable e-mobility solutions. The core portfolio consists of the MV product line (MV OTOS-100 Electric Bike, MV INTEGRATED SMART PLATFORM (MISP), and MV BATTERY SWAPPING STATION) complemented by the podo sub-brand ecosystem. The podo sub-brand includes 포도프렌즈 (podofriends) web platform for bike leasing management, 포도모빌리티 (podomobility) E2K electric bikes, 포도배터리 (podobattery) swappable batteries, 포도배터리교체스테이션 (podostation/BSS) battery swap stations, and the 포도(PODO) mobile app. Together, these products provide an end-to-end ecosystem connecting hub owners, bike suppliers, riders, and service centers for last-mile delivery operations.

Differentiator

Problem solved

Functional benefit

Brands

• Podo (포도): Eco-friendly total mobility solution brand offering electric bikes (E2K), swappable lithium batteries, battery swapping stations (BSS), and a dedicated rider app, along with the podofriends.com platform for bike leasing and management.
• MISP (MV Integrated Smart Platform)
• podofriends (포도프렌즈)

Products and services

• MV OTOS-100 Electric Bike IoT-connected electric delivery bike with a 3000W motor, max speed of 70km/h, and 8-90km variable range. Equipped with swappable 72V 20Ah lithium battery packs (x2) and designed for integration with Mooving's BSS network and MISP fleet management.
• MV Integrated Smart Platform (MISP) B2B subscription software platform that unifies bike lease ordering, rider management, payment processing, and service center coordination for delivery hub operators and fleet managers.
• MV Battery Swapping Station (BSS) / Podostation Automated battery swapping station network serving as the backbone of Mooving's battery-as-a-service offering. Each station supports 14-16 battery slots with 2.5-3 hour full charging, automatic climate/temperature control, remote-controlled battery locks, real-time battery status monitoring, and solar panels on the roof. Clusters can connect up to 7 stations with 16 slots each. Payment and remote management are handled through the Mooving App and Mooving Control System.
• Podomobility E2K Electric Two-Wheeler Electric two-wheeler with a 4,000W center motor, top speed 70 km/h, dual 72V 40Ah (36V x Dual) swappable battery system, Disc/CBS brake system, and a belt-driven motor for smooth acceleration. Built for last-mile delivery riders under the Podo sub-brand.
• Podobattery (Swappable Lithium Battery) Dual lithium battery pack (72V 40Ah, 36V x Dual) designed to Podo specifications, supporting up to 72 km of range per charge and engineered for ergonomic, sub-10-second swap-in/swap-out at BSS stations.
• Podofriends (Web Platform) Web platform that lets delivery riders and hub operators compare and order bike leasing, finance, and rental products from multiple Korean bike finance providers in one place, with a separate B2B supplier sign-up flow for bike finance companies.
• Podo App (Mooving Rider App) Mobile application for Podo e-bike riders and Mooving battery-swapping customers, providing bike status, battery station locations, service center information, and payment for battery swap events.

Quantifiable outcome

• Battery swap completed in under 10 seconds
• +7 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• Lectrix EVcoreStrategic or Co-development Partner · 11 March 2025Lectrix EV partnered with Mooving to deploy 1,000 electric two-wheelers for Bike Bazaar's last-mile logistics fleet in India. The vehicles (including high-range 3KWh battery and swappable battery scooters) are integrated with Mooving's battery-swapping network, enabling fleet retrofit and operational efficiency optimization.
• Bike BazaarcoreChannel Partner/ Reseller/ Distributor · 11 March 2025Bike Bazaar is a commercial fleet operator and customer of the Lectrix EV + Mooving ecosystem, deploying 1,000 Mooving-compatible electric two-wheelers for last-mile logistics in India. Mooving's BSS network supports Bike Bazaar's fleet electrification and reduces upfront vehicle investment costs.
• BarogocoreStrategic or Co-development Partner · 19 April 2023Moving (Mooving) is enhancing its mobility services through collaboration with Barogo. The nature of the collaboration involves joint service development and market expansion in the Korean delivery/e-mobility ecosystem, though specific terms are not disclosed.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Gogoro: Taiwan-based e-scooter OEM and operator of the world's largest battery-swap network. Most directly comparable to Mooving in combining a proprietary electric two-wheeler platform with a dense, IoT-enabled battery-swap network — the template Mooving is replicating in Korea.
• Battery Smart: India-based battery-as-a-service network specifically targeting last-mile delivery fleets. Directly comparable as a same-stage competitor operating battery-swap infrastructure for delivery riders in India, where Mooving entered via the Lectrix EV partnership.
• Sun Mobility: India-based interoperable battery-swap network for electric two- and three-wheelers. Comparable to Mooving as a swap-network operator serving commercial fleet customers with a focus on affordability and rapid swap times.
• Hero Electric: India's largest electric two-wheeler manufacturer, selling e-scooters into last-mile delivery operators. Comparable as a hardware-side peer competing for the same delivery-rider and fleet-operator customers that Mooving's Podo E2K targets.
• Yulu: India-based shared electric mobility platform (Yulu Miracle e-bikes) deployed for last-mile delivery and gig workers. Comparable as a two-wheeler mobility-as-a-service operator targeting delivery riders with shared/leased electric bikes.
• Bounce Infinity: India-based electric scooter manufacturer and battery-swap operator (Bounce Infinity E1). Comparable to Mooving in combining an in-house e-scooter product with swappable-battery infrastructure targeting urban commercial mobility.

Emerging players

• Kymco (Ionex): Taiwanese motorcycle OEM whose Ionex battery-swap platform is now expanding into Southeast Asia. Comparable as an established OEM-side peer with proprietary battery-swap technology competing in adjacent Asian markets.

Broad incumbents

• Honda Motor: Global incumbent in two-wheeler manufacturing with announced battery-swap and EV programs for Asian markets. Comparable as a large, well-capitalized incumbent that could pressure Mooving's commercial-fleet customers as it rolls out competing e-scooter swap offerings.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/podofriends_official
• LinkedInlinkedin.com/company/mooving-mobility

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mooving