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Home / Business / Electric scooters attract hordes of investors and users – but also a number of critics

Electric scooters attract hordes of investors and users – but also a number of critics



The market for electric scooters is booming. Names like LimeBike, Spin, Bird are among the few companies that appeal to consumers in major cities looking for fast, convenient, and environmentally friendly transportation.

5 cents to 1 per minute.

In recent months, these scooters have surfaced everywhere – but not everyone is on board with its growing popularity. Last week, a headline in the Wall Street Journal said San Francisco was "terrorized" by the trend.

In fact, a random walk by a CNBC reporter on San Francisco's Market Street offered insights into unattended e-scooters every block. While commuters acknowledge the convenience and convenience of e-scooters, their ubiquity has been laced with grumbling and, in some cases, state intervention.

Last week, the San Francisco City Attorney's office struck all three failed curfews of major e-scooter companies. The city is also considering legislation introduced by urban supervisor Aaron Peskin, which would allow San Francisco Municipal Transportation to impose permits on such companies to regulate the influx of traffic.

In response, Travis, CEO of Bird Rides VanderZanden, who is also an alum from Uber, has issued a letter supporting more regulators.

Bird applauds [s] City officials' efforts to work with us to bring environmentally-friendly transport alternatives to San Francisco and us I support Supervisor Peskin's legislation on e-scooter regulation and am eager to continue discussions around these regulations "VanderZanden wrote.


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