In May 2019, Bolt spoke in Paris at the Viva Technology conference, where he introduced the company's future release of the "Nano" minicar. He also met with French president Emmanuel Macron while at the conference. While in France, Bolt participated in a CNN interview where he revealed his reasons for founding the company. Bolt argues that his scooter is different, which allows bag, shopping and mobile phone storage. The scooters have capabilities to reach up to 30 MPH, but are typically capped at 15 MPH depending on city regulation. The company has begun operations in a number of U.S. cities, and plans to expand throughout Europe and Asia.