Zypp Electric gears up for $200 million IPO, appoints bankers

Zypp launched 500 electric scooters under its franchised, company-operated (FOCO) model in 2025. Under the FOCO model, individuals, high-net-worth investors (HNIs), family offices and institutions can invest in Zypp-certified EVs, while the company manages the distribution, operations and maintenance of the fleet.