Transportation
4 Predictions for the Electric Scooter Industry
Dockless e-scooters swept cities worldwide in 2018 and 2019. In 2020, expect the battery-powered micromobility revolution to take a new direction.
For the electric scooter business, the going is getting tough. After two years of furious growth, the micromobility industry has entered a phase of survival, with major players shedding staff, pulling out of cities, and sharpening their competitive instincts.
With so many companies still vying for street and market space—and virtually all of them losing money fast—industry insiders expect 2020 to be full of shakeouts. What might those be, and why? Here are four predictions for the year ahead in scooters, bikes, trikes, and all things small, dockless, and electric.