Segways were invented 17 years ago, but the technology feels as if it's been dead for a while. So why are scooters continuing to attract cities and investors?
Brad Stone estimates the electric scooter share business with 10,000 scooters on the roads is making about $100,0000 in revenue every day, with plenty of room to keep growing. While much has been written about dockless scooters clogging up sidewalks, investors seem to think this transit mode has legs. "Meanwhile, both Uber Technologies Inc. and Lyft Inc. have applied to introduce e-scooters in San Francisco, where the local government is set to authorize a pilot program after temporarily clearing the city of scooters last month," Stone reports.
Stone sees the price point and on-demand model as the key reason this transit mode survives while vehicles like Segways failed in the past. A ride on a Bird or LIme e-scooter costs around $2 for a 6-minute trip, so there's not much to keep curious consumers from trying them out.
FULL STORY: Here’s How Scooter Startups Solved the Segway Problem
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
How California Transit Agencies are Addressing Rider Harassment
Safety and harassment are commonly cited reasons passengers, particularly women and girls, avoid public transit.
Significant Investments Needed to Protect LA County Residents From Climate Hazards
A new study estimates that LA County must invest billions of dollars before 2040 to protect residents from extreme heat, increasing precipitation, worsening wildfires, rising sea levels, and climate-induced public health threats.
Federal Rule Raises Cost for Oil and Gas Extraction on Public Lands
An update to federal regulations raises minimum bonding to limit orphaned wells and ensure cleanup costs are covered — but it still may not be enough to mitigate the damages caused by oil and gas drilling.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
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HUD's Office of Policy Development and Research
City of Universal City TX
ULI Northwest Arkansas
City of Laramie, Wyoming
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