Electric scooter company Bird files for bankruptcy

image via techcrunch.com
image via techcrunch.com

In a press release today, Bird confirmed that it had entered into a “financial restructuring process aimed at strengthening its balance sheet,” with the company continuing to operate as normal in pursuit of “long-term, sustainable growth.” It’s also worth noting that Bird’s Canadian and European operations are not part of this bankruptcy filing, and will “continue to operate as normal,” the company said.

https://techcrunch.com/2023/12/20/bird-bankruptcy/

Stockholm Thinks It Can Have an Electric Bikeshare Program So Cheap It’s Practically Free

CREDIT: STOCKHOLM CITY

“I would say the general public is quite tired of the e-scooters lying around,” said Daniel Mohlin, Nordics Regional Manager for Inurba Mobility, the company that won the seven-year contract for the new bikeshare program. “The most common comment has been, finally, there’s something to replace the e-scooters.”

https://www.vice.com/en/article/g5vm8x/stockholm-thinks-it-can-have-an-electric-bikeshare-program-so-cheap-its-practically-free