It seems like e-Mobility has become the new tech market for all types of investors. Companies like Tesla, Rivian, Byton, Bird, Tier Mobility, Sono Motors, and ChargePoint are the new Facebooks of this era. Besides venture capitalists (VCs), many corporate venture entities of Fortune 500 companies stepped in last year.
The Global e-Mobility Funding Report for the third quarter of 2019 showed a total of $2.7 billion raised by 45 electric vehicle (EV) companies across the world. This funding amount is even higher in reality since another 18 EV-related companies didn’t disclose any financial details.
OPTEC International has launched an all-terrain 3-wheel EMT & enforcement agency rapid response electric scooter (e-scooter) called the OPTEC Zuumer.
The electric scooters (e-scooter) thrown at street corners in many US cities are having the desired effect. Who wants to buy cars when you can ride scooters anywhere without ownership problems? That is leaving many carmakers scratching their heads.
Bird, the electric scooter startup, has raised $418 million and has been valued at $2 billion. It has been reported that it was the fastest startup to achieve ‘unicorn’ status. One of the investors is Sequoia Capital, and Roelof Botha, a partner there, said he sees San Francisco one day having 10,000 Bird scooters, potentially earning $70 million a year in revenues.
It’s chilling seeing a young man riding an electric scooter on a main street with only flip-flops and a pair of shorts. You can’t help wonder how long. … You know what I mean — how long until the first fatality. And then it happened. I got home and heard about a 24-year-young man who passed away after falling off one.
And now make way for laws and politicians.
Uber is rolling out its new scooter sharing service in Santa Monica, California, today with a free trial to lure riders in and away from incumbents Lime and Bird.
Uber is looking to get into the electric scooter game by building its own electric scooters, according to a new report. The company is looking to flesh out its portfolio of mobility solutions with recently acquired Jump Bikes and a new electric scooter that it is reportedly building in-house.
Collections of electric scooters distributed in urban centers require recharging and maintenance, so there are a number of independent contractor roles available to service them. These new jobs are supposedly part of the ‘gig economy’.
Uber has added electric scooter sharing company Lime to its app-based portfolio as it seeks to become the “Amazon of transportation.” Lyft has countered by investing in bike sharing company Motivate. But the real issue is redesigning cities for the 21st century — before it ends.
