Micromobility in limbo: Takeaways from Paris and LA
TechCrunch LA
DECEMBER 31, 2022
Yet despite billions in VC money and plenty of hype , the future that micromobility companies promised still hasn’t quite arrived. “In a nutshell: The challenge with LA is that it is an open vendor market with no vehicle cap,” Spin’s chief executive Philip Reinckens said in an email to TechCrunch.
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