uber Uber Leads $170 Million Lime Investment Amid Massive Pandemic Layoffs Uber transfers its Jump bike and scooter division to Lime as part of a major $170 million funding round. The deal significantly drops Lime's valuation while Uber continues to slash its workforce due to the pandemic.
lyft Lyft Pulls Scooters From Six Cities Amid Push for Better Unit Economics Lyft is removing its scooters from six U.S. markets and laying off 20 employees to focus on densely populated cities where ridership is higher.
transportation Cities Face a Bizarre and Beautiful Transportation Transformation Urban landscapes are experiencing a mobility revolution filled with scooters, autonomous vehicles, and flying cars. Policymakers face a massive challenge in regulating this chaotic but promising shift.
scooters Second-Wave Scooter Startups Hit Regulatory Roadblocks in Spain Scooter startups continue to attract venture capital but face increasing regulatory pushback from European cities. Spanish municipalities like Barcelona and Madrid impose strict rules that disrupt traditional shared-scooter business models.
lime Lime Pulls Scooter Fleet in Switzerland After Software Glitch Throws Riders Lime removes its entire e-scooter fleet in Switzerland after a software glitch causes sudden braking injuries.
lime Lime Pulls Swiss Scooters Over Sudden Braking Malfunctions Lime removes its entire fleet from Swiss cities after riders experience sudden braking that causes injuries. The company suspects a recent software update triggers an anti-theft lock during rides.
lyft Lyft Teams Up With Segway Ninebot to Launch Heavy-Duty Scooters Lyft partners with Segway Ninebot to deploy a new generation of rugged electric scooters designed to withstand heavy wear and tear. The upgraded vehicles feature longer battery life, larger wheels, and eventually swappable batteries.