Micromobility Will Replace Urban Personal Car Ownership Within 20 to 30 Years
Wayne Ting · Wayne Ting, CEO @Lime: From Losing $3 on Every $1 to $90M in EBITDA | E1252 · 20VC with Harry Stebbings · Jan 27, 2025 · at 52:52
Wayne Ting is the CEO of Lime, a global micromobility company. He argues that personal car ownership in cities will be seen as an absurd legacy system in the coming decades.
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“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.”
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