The Ledger
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Majority of smaller micro-mobility players will struggle to survive
“It's too early in the industry to say that what could happen, but I would say, though, some of the learning we have from the history that There might be some form of consolidation, but majority of them that it will be just smaller ones will be having a hard ti…”
Perfecting micro-mobility vehicles will take decades, predicts Brad Bao
“If we use automobile industry as a Predicate that it takes the whole industry literally at 100 to 200 years to perfect the car. I don't see a reason that, you know, the scooter or the bikes or e-bikes that will be much shorter than that.”
Lime aims to replace 20-30% of city traffic within five years
“And for five years that what I really hope is for the cities that we're operating in, that we may not be able to cut the traffic by 50% yet, but at least that we can lift it from one percent, two percent today to, you know, 20, 30% of that. The of the car traf…”