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…
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 people could actually commute using these things? It's very small. Of those, who would actually do it? In winter? Up and down hills? Are they a little bit too old for this, or maybe not so open minded? Are there status issues, i.e. if you are a 'serious professional' in many industries it just doesn't bode well to be bouncing around on a scooter (I know this might seem foreign maybe to HN readers but this is a thing). And then of course - if it was useful for commuting, why wouldn't people just end up buying one so they always have it when needed? I think the use cases for these scooters is very narrow.
While I agree the general attitude of 'moving beyond traditional cars' is a strategic impetus, and it makes a lot of sense to 'participate' in these things early on ... I don't think this is a secular shift. Not yet anyhow.
America is a very spread out place - even LA.
And we're only just starting to see the regulatory and populist backlash.