Micromobility Report: Education, Regulation and Data Are Keys to Success
Among key findings for BC are that the province is a leader in establishing important safety regulations, and that shared micromobility programs like Evolve contribute to safety standards at the municipal level. Nationally, with the relative newness of micromobility and its rapid adoption, the report notes that there is some catch up to do. Many governments have yet to put in place laws or policies for e-bikes or e-scooters. It also calls for continued focus on consumer education and highlights a lack of consistent safety incident data as an area for development.
"It's encouraging to see that BC is a leader in responsible micromobility and that shared programs like ours can contribute to the adoption of safety standards while actively providing more accessible and affordable transportation choices," says Leanne Buhler, Head of BCAA's Evolve E-Bike and E-Scooter Share. "BCAA's commitment to road safety extends to all forms of transportation, and shared micromobility is no exception."
"For years, Evolve has worked closely with BC communities to proactively address what's highlighted in the CAA report – from regulating speed and road access, to ensuring device integrity and empowering riders with essential safety education. Our commitment to safety with our community partners has helped make shared services like Evolve a positive force for urban mobility."
The CAA study thoughtfully examines the landscape of micromobility and recognizes the strengths of shared micromobility services in addressing safety concerns. The report identifies several key findings, each of which is met with a strong, positive response from the shared micromobility sector, and actively supported in the province by BCAA's programs.
Regulatory leadership: The report describes a patchwork of laws and policies across the country. In BC, province wide and municipality-led regulations include speed governors and other safety rules that shared mobility programs adopt and champion.
Data-driven safety: The report notes data gaps leading to limited and inconsistent recording of safety-related incidents. Shared micromobility fleets are able to contribute to data driven insights by analyzing data on speed, road conditions, and riding patterns to better inform new and evolving safety policies.
Device integrity: The report identifies inconsistent battery quality and safety as potential risks amongst personally owned e-bikes and e-scooters. High operating standards mitigate these potential risks for shared fleets.
Structured and stricter operations: Shared micromobility's structured operations – including geofencing, designated parking, and enforced speed controls – are vital safety components that contribute to responsible use.
Empowering Through Education: The report found a need for more consumer education to support the rapid growth of micromobility. In BC, Evolve empowers riders with safety education through in-app tutorials, community outreach, and clear guidelines – equipping riders for safe, confident journeys, and significantly boosting overall road safety awareness.
"E-bike and e-scooter share are not just convenient options but are quickly becoming relied on as a way to get around town without a personal vehicle," adds Buhler. "By working hand-in-hand with communities, regulators, and our members, we are demonstrating that micromobility can be used responsibly and safely."
Evolve offers the following tips for safe e-bike and e-scooter use:
Conduct a pre-ride check: Check the tires, brakes and battery before you start your trip.
Wear a helmet: Each Evolve E-Bike and E-Scooter comes with a helmet.
Be visible: Wear bright, reflective clothing – especially at night. For additional visibility, Evolve E-Bikes and E-Scooters have reflectors and head/taillights.
Avoid distractions: To focus on your surroundings, put your phone away while riding.
Never ride impaired: It's dangerous for riders and other road users. Riding while impaired is against the law in BC and could result in penalties.
Obey the rules of the road: Always ride solo and watch for other road users. Follow road rules including stop signs, red lights, and yield to pedestrians.
About Evolve E-Bike and E-Scooter Share
Evolve is a turnkey micromobility share program that offers e-bike and e-scooter share services in British Columbia. Created by BCAA and operating alongside Evo Car Share, Evolve operates public and private e-bike and e-scooter share programs in Metro Vancouver, Vancouver's North Shore, Whistler, Squamish and on Vancouver Island. Businesses, organizations, or municipalities interested in learning more about Evolve E-Bike and E-Scooter Share can reach out at evo.ca/evolve.
About BCAA
Driven by its purpose to move British Columbians forward, BCAA (British Columbia Automobile Association) is a long-standing BC Top Employer (Mediacorp) and serves more than one in three B.C. households with industry leading mobility and protection services, including Membership, Insurance, Evo Car Share, Evolve E-Bike and E-Scooter Share, BCAA Auto Marketplace and Auto Service. BCAA invests in programs and initiatives to make a positive impact by protecting the people and the Province of BC, recognizing that the place we call home is all of ours to protect. BCAA holds itself accountable to its purpose by setting goals related to its impact on People, the Planet and Prosperity, and sharing results in its annual Impact Report.
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All statements that address future plans, activities, events, estimates, expectations or developments that the Company believes, expects or anticipates will or may occur is forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Forward-looking information contained herein is based on certain assumptions regarding, among other things: general economic and political conditions; the stable and supportive legislative, regulatory and community environment in Brazil; demand for lithium, including that such demand is supported by growth in the electric vehicle market; the Company's market position and future financial and operating performance; the Company's estimates of mineral resources and mineral reserves, including whether mineral resources will ever be developed into mineral reserves; and the Company's ability to operate its mineral projects including that the Company will not experience any materials or equipment shortages, any labour or service provider outages or delays or any technical issues. 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Figure 1: Consolidated Statements of Income (Loss) Summary (1) Excluding stock-based compensation allocated to operating costs. Starting January 1, 2025, the Company began allocating stock-based compensation for certain operational personnel directly to operating costs, in alignment with revised internal cost attribution practices. This change reflects a more accurate representation of total operating expenses. Prior to 2025, these costs were reported under general and administrative expenses. 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These non-IFRS financial measures are a supplement to and not a substitute for or superior to, the Company's results presented in accordance with IFRS. The non-IFRS financial measures presented by the Company may be different from non-GAAP/IFRS financial measures presented by other companies. Specifically, the Company believes the non-IFRS information provides useful measures to investors regarding the Company's financial performance by excluding certain costs and expenses that the Company believes are not indicative of its core operating results. The presentation of these non-U.S. GAAP/IFRS financial measures is not meant to be considered in isolation or as a substitute for results or guidance prepared and presented in accordance with U.S. GAAP/IFRS. A reconciliation of these financial measures to IFRS results is included herein. 1. Cash u nit operating costs include mining, processing, and site based general and administration costs. It is calculated on an incurred basis, credits for any capitalised mine waste development costs, and it excludes depreciation, depletion and amortization of mine and processing associated activities. When reported on an FOB basis, this metric includes road freight, and port related charges. When reported on a CIF basis it includes ocean freight, insurance and royalty costs. Royalty costs include a 2% government royalty and a 1% private royalty. For CIF operating cost analysis purposes, the Company uses the ocean freight costs of products that sailed during the reporting period. However, for accounting purposes, and therefore in this quarter's reported cost of good sold and revenues, ocean freight is treated as a service provided to a customer and is recognized when the product is delivered. Cash unit all-in sustaining cost includes unit CIF China cash operating cost, SG&A, maintenance capex and financial expenses. 2. Cash operating profit represents revenue less cost of sales (COGS), excluding depreciation and amortization (D&A) expenses. Cash operating margin is cash operating profit divided by total revenue for the period. 3. Average revenue per tonne is calculated as total revenue for the period divided by total sales volume in tonnes. Average COGS per tonne is calculated as total cost of sales (COGS) for the period divided by total sales volume in tonnes. 4. Adjusted EBITDA is a measure of the Company's recurring core earnings profile. It is calculated as revenue minus cash operating and selling expenses. The calculation excludes non-cash items such as depreciation and amortization (D&A) and stock-based compensation expenses. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by total revenue for the period.
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