6 carmakers that are betting electric scooters and bikes — not cars — are the future of city transportation

Carmakers are increasingly looking towards new ways to move people around, including tapping into the rising trends of e-bikes and e-scooters.

Audi announced on Monday the development of its e-tron Scooters, almost a year after announcing its fully electric e-tron SUV. Other carmakers, like BMW and Ford, have already been exploring the electric personal micro-mobility market through collaborating with established players.

It’s no surprise carmakers are looking towards the booming e-mobility market. E-scooter company Bird reached a $2 billion valuation in under a year of operation in 2018, according to Inc. Similarly, one of Bird’s largest competitors, Lime, has a $2.4 billion valuation, the company announced in February…

Whether it’s electric scooters or bikes, here are all the car companies making moves into creating electric micro-mobility products.
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