What you're seeing is car companies trying to transition to "mobility" companies -- the difference being the former is a manufacturing company with 3% margins and the latter being a services company with much fatter margins. Autonomous car fleets are the main "mobility services" prize of course -- all the major OEMs have autonomous research labs -- but you're seeing more interest in scooters and bikes (there was a he…
No, I don't think this is a transition. What we're likely seeing is M&A people caught up in the hype and trends. In some ways, it's worth spending some amount as a hedge against something happening, but I don't believe these scooters will represent any meaningful change ... personally I think they are kind of a fad. The logistics, cost, narrow use cases of all of it just don't work out well enough. Truly - what % of…
I own a bicycle, but I don’t always have it when needed.