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Why cities continue to have a love-hate affair with e-scooters - TL;DR CNBC

Why cities continue to have a love-hate affair with e-scooters

Publishing timestamp: 2023-04-28 08:00:01


Summary

The article discusses the varying attitudes of cities towards ride-share e-scooters, with some cities banning them while others see them as a valuable addition to their transportation infrastructure. It also mentions the struggles of companies like Bird, Lime, and Spin to achieve profitability and the controversy and injuries associated with them. Despite this, Bird's CEO is hopeful about the future and believes the company will achieve free cash flow positivity in 2023.


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Keywords: video first,  ford motor co,  united states,  uber technologies inc,  san francisco,  blue bird corp,  lyft inc,  business news,  mass transit systems,  paris,  technology,  new york metropolitan transportation authority,  new orleans,  bird global inc, 

Source: https://www.cnbc.com/2023/04/28/why-cities-continue-to-have-a-love-hate-affair-with-e-scooters-.html


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