Posts tagged urban transportation
Ford Acquires Spin Electric Scooter Company For A Reported $100 Million

As a part of mobility portfolio strategy, Ford announced its plan both acquire and invest in Spin, a San Francisco-based dockless electric scooter company. Spin provides customers an alternative for first- and last-mile transportation.

Rising urban transportation costs, parking shortages, traffic congestion and pollution are just a few of the challenges, and opportunities, that solutions like electric scooters tackle, according to research from Populus, a data and analytics company using AI to help cities and businesses plan and monitor shared mobility services. According to “The Micro-Mobility Revolution”, a report by Populus, nearly half of all trips made in the U.S. are 3 miles or less…

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