UAB "Modus Mobility"

UAB "Modus Mobility" is a Lithuanian private company associated with the Modus Group’s mobility-focused businesses. It operates in the mobility services sector, with activities that include consumer vehicle subscription solutions and related digital mobility offerings. The company is commonly linked to the launch and growth of the MyBee car subscription brand in Lithuania and is positioned within the broader ecosystem of Modus Group’s automotive and mobility initiatives.

Company Overview

Legal name: UAB "Modus Mobility"
Country: Lithuania
Headquarters: Vilnius, Lithuania (exact registered address not confirmed in publicly accessible sources used for this profile)
Industry: Mobility services; vehicle subscription; automotive services; digital mobility solutions
Status: Private company; part of the Modus Group’s mobility business line

Founding date: Public communications from Modus Group suggest the mobility division was formalized in the early 2020s; the precise legal incorporation date of UAB "Modus Mobility" is not confirmed in the sources available to this profile. Verification should be performed via the Lithuanian Centre of Registers (JAR).

Legal Information

Įmonės kodas (company registration code): Not publicly confirmed in the sources available to this profile. Check the Lithuanian Centre of Registers (Juridinių asmenų registras) for authoritative data.
PVM kodas (VAT code): Not publicly confirmed in the sources available to this profile.
Official website: The Modus Group’s corporate information about its mobility business line is available at modusgroup.com (Mobility section). Brand-level operations of the car subscription business are presented at mybee.lt.
Note: An explicit standalone corporate website for UAB "Modus Mobility" is not clearly identified in open sources; the company’s activities are typically described via Modus Group’s website and through the MyBee brand website.

Email address (official): Not publicly confirmed in the sources available to this profile.
Registered office address: The registered legal address of UAB "Modus Mobility" could not be verified from the sources available to this profile. Consult the Lithuanian Centre of Registers.
Phone number (registered office): Not publicly confirmed in the sources available to this profile.

Business Operations

UAB "Modus Mobility" is associated with the development and operation of mobility solutions within Modus Group, notably:

- Consumer car subscription services (commonly recognized via the MyBee brand in Lithuania), offering flexible monthly access to vehicles with included insurance, maintenance, and other bundled services.
- Digital mobility solutions focused on improving access, convenience, and flexibility compared to traditional vehicle ownership and long-term leasing.
- Potential B2B offerings for corporate fleets and small businesses, leveraging subscription models.

Business model: Asset-backed, subscription-based mobility services delivered through digital channels. Customers pay a monthly fee that typically includes vehicle use, insurance, maintenance, and service, aiming to reduce friction compared to conventional leasing or ownership. The model may combine owned, leased, or financed fleet assets, with operational efficiency supported by digital onboarding and fleet management systems.

Market position: Positioned as an early mover in Lithuania’s car subscription segment, addressing consumer demand for flexibility and convenience. It competes with traditional car leasing, long-term rental, and emerging mobility platforms.

History

- Early 2020s: Modus Group publicly consolidates and articulates its mobility business line, distinct from its automotive retail and renewable energy activities.
- Circa 2021: Launch and scaling of the MyBee car subscription brand in Lithuania, typically linked to the Modus mobility division’s operational footprint.
- 2022–2024: Continued growth of subscription-based offerings, product refinements, and potential expansion of service tiers (e.g., varied subscription durations, broader vehicle selection, enhancements in digital onboarding and customer support).

Note: Specific incorporation milestones for UAB "Modus Mobility" (e.g., exact founding date, restructurings, and changes in corporate form) were not explicitly available in the sources used here. Users seeking precise legal history should consult the Lithuanian Centre of Registers.

Financial Information

Revenue: Not publicly available for UAB "Modus Mobility" as a standalone entity. Being a private company, it does not routinely publish audited financials in public channels.
Funding: Activities appear to be financed within Modus Group’s corporate structure (internal funding and standard asset financing instruments used for fleet). No public record of external venture financing rounds was identified in the sources used here.
Ownership: UAB "Modus Mobility" is part of Modus Group’s mobility business line. Precise shareholding structure, ultimate beneficial owners, and any intercompany arrangements were not available in the sources consulted. Verification should be performed via the Lithuanian Centre of Registers.

Leadership and Management

Key executives (vadovai): Names and positions for UAB "Modus Mobility" leadership could not be reliably confirmed in the sources available to this profile. Modus Group leadership and brand-level managers (e.g., for MyBee) are referenced in public communications, but direct corporate appointments to UAB "Modus Mobility" are not enumerated in accessible sources.
Board members: Not publicly confirmed in the sources available to this profile.

Note: For authoritative leadership and governance data, consult the Lithuanian Centre of Registers and official company disclosures.

Office Locations

Primary office (buveinė): Vilnius, Lithuania (exact legal address not confirmed in the sources available to this profile).
Additional offices: Not publicly listed for UAB "Modus Mobility" in the sources consulted.
Phone numbers: Not publicly confirmed for UAB "Modus Mobility".

Note: Brand-level contact points (e.g., MyBee customer support) are available via the MyBee website; however, these may not correspond to UAB "Modus Mobility" corporate office lines.

Market Position

Competitors (Lithuania):
- Traditional vehicle leasing and long-term rental providers (e.g., bank-affiliated leasing, international rental brands).
- Automotive retailers offering financing and service bundles for new and used cars.
- Other mobility platforms and service providers (depending on product scope), including tech-enabled rental/subscription services.

Competitive advantages:
- Flexible, subscription-based access to vehicles, typically including insurance and maintenance in one monthly fee.
- Digital onboarding and management, reducing friction versus traditional leasing or ownership.
- Backing by a diversified corporate group (Modus Group), offering operational expertise, fleet sourcing capabilities, and service infrastructure.

Market share: No authoritative public market share figures for UAB "Modus Mobility" were identified. The car subscription segment is emergent and its market size is not comprehensively reported in public sources.

Recent Developments

- Continued scaling and optimization of subscription offerings (vehicle mix, plan flexibility, customer journey improvements).
- Increased consumer awareness and adoption of subscription models in Lithuania, creating favorable conditions for growth of digital mobility services.
- Broader industry trend toward electrification and sustainability, influencing fleet composition and service design.

Note: Specific company press releases or transaction announcements related strictly to UAB "Modus Mobility" were not identified in the sources used. Brand-level updates are commonly communicated via MyBee and Modus Group channels.

Contact Information

Corporate contact (UAB "Modus Mobility"): Not publicly confirmed in the sources consulted for this profile.
Modus Group (parent) general information: modusgroup.com (corporate site with divisions and general inquiries).
MyBee (brand-level consumer contact): mybee.lt (customer support and inquiries for vehicle subscription services).
Important: For legal correspondence and official corporate contacts of UAB "Modus Mobility", consult the Lithuanian Centre of Registers for the registered address, email, and phone details.

Sources and References

- Modus Group corporate website (Mobility business line): modusgroup.com
- MyBee brand website: mybee.lt
- Lithuanian Centre of Registers (Juridinių asmenų registras) – authoritative registry for Lithuanian companies: registrucentras.lt (search for "UAB Modus Mobility").
- Lithuanian business media coverage of Modus Group’s mobility initiatives and the MyBee brand (e.g., Verslo žinios, Delfi) – various articles reporting on the emergence of vehicle subscription services in Lithuania.
Note: This profile aggregates publicly accessible information up to the preparation date. For precise legal details (įmonės kodas, PVM kodas, registered office address, official contacts), the Lithuanian Centre of Registers remains the definitive source.