Swvl Partners with the German Government at the G7 Summit to Power Fully Electric On-Demand Shuttles for 2,500 Media Representatives

Swvl Holdings Corp (“Swvl” or the “Company”) (NASDAQ: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced that door2door – a Swvl company, Swvl’s Germany-based high-growth mobility platform, launched a new concept of fully electric on-demand shuttles, that was used to transport 2,500 media representatives to and from the G7 Summit, hosted in Elmau, Germany.

The goal to ensure the highest level of sustainability while maintaining maximum safety and security. The project was preceded by analyses, planning and simulations, including the development of a flexible charging infrastructure.

‘Sustainable on-demand shared mobility with a fleet of electric shuttles is the basis of our new concept’ explains Maxim Nohroudi, CEO of door2door. ‘The new mobility concept at the G7 Summit in Elmau demonstrates innovation ‘Made in Germany’. Even for complex use cases such as an international summit with highest requirements, we can provide reliable and modern solutions for mobility.’

door2door – a Swvl company, was acquired earlier this year by Swvl, which, alongside the acquisitions of Urbvan, Volt Lines, Viapool and Shotl, expanded footprint to > 135 cities in > 20 countries with > 500 TaaS and SaaS contracts.

About Swvl

Swvl is a global provider of transformative tech-enabled mass transit solutions, offering intercity, intracity, B2B and B2G transportation across 115 cities in 18 countries. The Company’s platform provides complimentary semi-private alternatives to public transportation for individuals who cannot access or afford private options. Every day, Swvl’s parallel mass transit systems are empowering individuals to go where they want, when they want – making mobility safer, more efficient, accessible, and environmentally friendly.

Customers can book their rides on an easy-to-use proprietary app with varied payment options and 24/7 access to high-quality private buses and vans. Swvl was co-founded by Mostafa Kandil, who launched Carmudi in the Philippines, which became the largest car classifieds platform in the country in just six months. He then served as Rocket Internet’s Head of Operations. In 2016, Kandil joined Careem, a ride-sharing company and the first unicorn in the Middle East, where he launched services in multiple new markets. For additional information about Swvl, please visit www.swvl.com.

About door2door – a Swvl company

Each day door2door transports citizens safely, reliably, and eco-friendly to their destination. We serve government, institutional and corporate customers around the globe. Our goal is modern public transport – as comfortable as one’s private car. By doing so, we want to reduce the number of cars, lower emissions, reduce congestion, and create new space in the city that will increase the quality of life for citizens.

We provide modern public transport, innovative on-demand shared mobility, electric and fully autonomous mobility, we bundle all mobility options in one single app, we analyze, plan and simulate everything with our award-winning technology. For additional information about door2door, please visit www.door2door.io.

Contact: Youssef Salem, Swvl CFO
Investor.relations@swvl.com