micromobility

Plus: Is this the end of the sharing economy?

The micromobility segment has arisen as an alternative transit option across major cities, and companies in the segment will need to be tactical in their approach to profitability.

E-scooter startup Lime is stopping operations in a dozen cities across the world and laying off 14% of its workforce.

Urban spaces are now seeing a trend where commuters are seeing sense in moving away from the concept of owning a vehicle for transit to picturing mobility as a service.

Since 2018, Revel has expanded its fleets into Brooklyn, Queens and Washington, D.C. and plans to reach 10 cities by 2020.

Lime’s shift away from car-sharing allows the company to transition into Seattle’s first electric-scooter-share pilot.

A new study finds that e-scooters’ environmental footprint surpasses that of the transportation they are positioned to replace.

Lime moves ahead with the backing of venture capital and hopes that car-reliant metropolitan areas like San Antonio will embrace a cleaner, more communal way to navigate city life.

Plus: tariffs hit wind energy supply chain; Uber partners with medical transportation provider

Consumer enthusiasm and sky-high valuations disguise a bevy of industry challenges.

U.S.-China trade tariffs war is heating up; Asian oil importers have not stopped importing oil from Iran; Uber has a staunch rival in Ola across the Indian market.

Electric scooters and dockless e-bikes offer exciting opportunities for reducing car usage, but municipalities are struggling to retain authority over the public right-of-way and ensure privatized options are safe and accessible.