Micromobility Roundup December 4
But do they replace car trips? A new report from Santa Monica’s scooter pilot reveals that almost half of all scooter rides do in fact replace trips otherwise taken by car. That’s a good look for sustainability!
Coming-out party: Chinese e-bike component manufacturer Bafang Electric IPOs on the Shanghai Stock Exchange, raising 168 million Euros with plans for investments in motor and controller manufacturing, lithium ion batteries, international marketing, and R&D.