micromobility

“The bigger driver is really going to be proximity and location. So when you step out and you're trying to get from point A to B, you're going to really just care about which one is the closest to you.”

“The company who has the most experience in the most markets are also going to have the most data to use in optimizing and driving the highest utilization.”

“Our view is that really, again, this comes back to the fleet that is best to Optimized in terms of its disbursement of the vehicles throughout the city. We believe that that is the player that's going to win the most revenue and the most trips”

“I think what actually, what we underestimated was that micro-mobility is just a category that will work in almost every city in Europe.”

“So in good markets, you are maybe able to get to 20% contribution margins, but in bad markets, it can be negative.”

“I believe micromobility is the future of urban transportation. That in 2030 years, we're going to be shocked that we had a system where each person owned a car and drove themselves in a 4005 thousand pound tank around the city.”

“This is why when we increase our fleet in a market, we actually see our trips per vehicle per day go up. Our utilization goes up. It's counterintuitive. When you grow your supply in most businesses, the utilization per unit goes down because the demand usually…”

“I still think that some companies will do well, actually, in that space. I think Lime is, is doing well. I think Dot is doing pretty well. I think they will be okay at the end, but it's clearly, you know, it's been a really, really difficult space.”