U.S. factories face issues with sourcing from Mexico; Permian basin output to decrease in May; Lime raises funding from Uber.
The micromobility segment has arisen as an alternative transit option across major cities, and companies in the segment will need to be tactical in their approach to profitability.
Happy top of the weekend! Thanks for making us a part of the backhaul of your week, and boy do we have some news for you. First, we hit the […]
E-scooter startup Lime is stopping operations in a dozen cities across the world and laying off 14% of its workforce.
Lime’s shift away from car-sharing allows the company to transition into Seattle’s first electric-scooter-share pilot.
A new study finds that e-scooters’ environmental footprint surpasses that of the transportation they are positioned to replace.
Lime moves ahead with the backing of venture capital and hopes that car-reliant metropolitan areas like San Antonio will embrace a cleaner, more communal way to navigate city life.
Consumer enthusiasm and sky-high valuations disguise a bevy of industry challenges.
Uber announced its fourth quarter earnings yesterday, with the results showing its market dominance in the cab-hailing segment and its extensive investment across different niche verticals it has expanded into recently.
Off late, electric scooter company Lime has been in the news for the wrong reasons. Batteries burning up, bike vandalism, fragile bikes breaking down, and the latest – abrupt braking issues.
