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Micromobility sector shows recovery with 16% increase in shared rides and 50% growth in e-bike usage

  • The history of micromobility began with the Segway, introduced in December 2001, which represented both the promises and failures of the sector.1
  • In 2023, the number of shared bike and scooter rides in the US grew 16%, indicating a recovery in the micromobility sector.1
  • Lyft reported a 50% growth in e-bike rides on Citi Bike in New York, showcasing the rising popularity of e-bikes.1
  • The micromobility startup Ridepanda pivoted to offering solutions to enterprise customers like Amazon, focusing on sustainability and wellness.1
  • The history of micromobility began with the Segway, introduced in December 2001, highlighting both the promises and failures of the sector.
  • In 2023, shared bike and scooter rides in the US grew 16%, indicating a recovery in the micromobility sector.
  • Lyft reported a 50% growth in e-bike rides on Citi Bike in New York, showcasing the rising popularity of e-bikes.

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