Is This Micro-mobility’s Moment?
Since COVID-19 lockdowns started in March, micro-mobility has struggled and several big players have either exited specific markets or left the field altogether. But with more people around the world heading back to work and wary of trains and buses, micro-mobility may be enjoying a big boom–and a chance to ingrain itself into city culture.
Several cities are reporting huge increases in the number of people using shared bikes and scooters, and at least one company is rolling out a leasing model, where a user would have a specific device to use for a monthly fee rather than hitting the dock or an app to claim one every day.
Key, some experts say, is avoiding monopolies, which left several cities’ riders stranded when companies collected their vehicles and left the markets during the pandemic.
Is this micro-mobility’s big moment? Read it here.