Lime is reportedly trying to squeeze up to $500 million out of VCs

Lime, the electric scooter and bike company, is looking to raise up to $500 million in new funding, Axios reports, citing sources. The round could come in the form of both equity and debt, according to Axios. To date, Lime has raised $132 million from investors. Its most recent round was just in February, when […]

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Lime partners with Segway to build electric scooters

Lime, the transportation company now formerly known as LimeBike, has partnered with Segway to launch its next generation of electric scooters. These scooters, which are set to debut mid-month in San Francisco, will supplement Lime’s existing fleet. Lime has also hit three million rides across its fleets of bikes and scooters. For style-conscious consumers, there […]

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Here’s how SF wants to regulate electric scooters

The San Francisco Municipal Transportation Agency is gearing up to present its proposal for electric scooter permitting. This comes after the SF Board of Supervisors approved an ordinance for the SFMTA to create a permitting process to better regulate the plethora of electric scooters from Bird, Lime and Spin. The SFMTA’s proposal lays out a […]

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SF supervisor doesn’t want you riding electric scooters on sidewalks

For those of you keeping track of the scooter saga in San Francisco, Supervisor Aaron Peskin has filed a resolution in opposition of California State Assembly bill 2989. The bill, authored by Assembly Member Heath Flora and sponsored by electric scooter startup Bird, seeks to increase the speed limit of electric scooters from 15 to […]

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Electric scooter permits will be required in San Francisco

The San Francisco Board of Supervisors unanimously voted today to approve the ordinance that looks to regulate electric scooters in San Francisco. The ordinance seeks to establish regulation and a permitting process that would enable the San Francisco Municipal Transportation Agency or Department of Public Works to take action against scooters from companies that don’t […]

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