Green Mobility A/S announced that in preparation of a German market entry, it has established a German subsidiary, GreenMobility Germany GmbH, which is wholly owned by GreenMobility A/S in Denmark. Entering the German market is in line with GreenMobility’s ambition of operating in 35 cities by 2025 with more than 10,000 electric vehicles. Germany has a well-developed carsharing market and will be the fifth country for GreenMobility to operate in. In order to accelerate the green transition in mobility and benefit the city environment, German cities are strong supporters of electric carsharing. The support includes national subsidies for electric vehicles, free public parking for electric carsharing and a developed charging infrastructure. Further, cities are setting clear requirements for carsharing: Hamburg, for example, requires all carsharing to be electric by 2025. As a sustainable carsharing company, GreenMobility already meets this requirement with its purely electric based fleet. While many German cities are still impacted by Covid-19 restrictions, GreenMobility’s rollout plan remains ready and the company expects to launch its first German city within second quarter of 2021, with additional expansions to follow.