Investing

Micromobility 101 – Why Scooter Startups are Worth Billions

micromobility-101-why-scooter-startups-are-worth-billions



Cities have a bit of a last mile problem. Sure, their public transit system might be great, but it usually only gets you several blocks, maybe half a mile, from your home. Micromobility gives city dwellers more options. Companies like Bird and Lime offer mass-shared scooters and bikes that make urban travel easier, and customers love it.

In this week’s episode of Industry Focus: Energy, host Nick Sciple talks with senior auto specialist John Rosevear about the fledgling space of micromobility — where it is today, the biggest hurdles in its way, and how investors can get involved. All the pure-plays are private, but that doesn’t mean you can’t invest at all. Companies like Ford (NYSE: F) and GM (NYSE: GM) are getting in on the trend, while hardware makers like Xiaomi make for solid picks-and-shovels plays. But, just because investors can buy now, doesn’t mean they necessarily should. Listen in to find out more.
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4 Comments
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Robert Dunfee

4 Comments

  1. Theresa Kennedy
    July 19, 2021 at 11:21 pm

    How do you start a business doing this?

  2. Bob Walton
    July 19, 2021 at 11:21 pm

    I have a great scooter mod that will put any scooter company ahead of the competition. https://youtu.be/JGVf3F01WXE It does what it says in the blurb

  3. Paul Chen
    July 19, 2021 at 11:21 pm

    the only people making good money off this are the scooter manufacturers, not the platforms. Like Uber, the business model of Bird is not sustainable nor are they profitable.

  4. Nic
    July 19, 2021 at 11:21 pm

    This was really informative, so many takeaways! Thanks for sharing guys!