Welcome to the Micromobility Newsletter, your weekly digest of important events and industry news in the world of personal transportation.
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What You Need to Know Today
When it comes to e-bikes, the US lags behind many European countries, including the Netherlands, Belgium, and Germany, where electric models account for a majority of bike sales. But despite the slow start, experts believe US e-bike sales could reach 50% market share by 2030.
US trade regulators find there is a reasonable indication that imports from China are materially hurting US producers of low-speed vehicles (or what are colloquially known as golf carts). Alleged dumping margins for Chinese imports are reported to be nearly 500%. This initial ruling paves the way for continued in-depth antidumping and countervailing duty investigations.
Amazon just opened a new e-cargo bike microhub in Berlin. The microhub, which will rely on Mubea e-cargo bikes, is projected to deliver more than 1.5 million parcels per year.
Image Credit: Amazon
The USDOT delivers a warning: In order for the US to reach its decarbonization goals, Americans need to reduce how much they drive.
Amidst major global market sell-offs this week, Ola Electric's $734M IPO was fully subscribed in two days. The new investment will be used to boost in-house battery cell production.
Lime is launching two new shared e-bikes with women and older riders in mind. The LimeGlider resembles a bike but has no pedals and is powered via a throttle, while the LimeBike is a conventional e-bike that features a throttle for easier acceleration and pedal assist. Both models have a very low step-through frame for enhanced accessibility for riders with mobility limitations.
Image Credit: Lime
Capitalizing on high EU-imposed tariffs on Chinese imports, Portugal has quietly emerged the European leader in bicycle manufacturing, exporting more than 3 million units each year.
Honda has been slow to deliver electric two-wheelers to the Indian market. Is it missing out, or will its size and market reach allow it to achieve long-term market share in India?
Indian motorbike-taxi startup Rapido has reached unicorn status with its latest $120M funding round, led by WestBridge Capital. Rapido’s strong growth can be attributed to its focus on two-wheeled transportation in congested city centers and its partnership with food delivery company Swiggy.
Image Credit: Rapido
Rad Power has been hit with another round of layoffs, mostly affecting its product development team. This is the sixth time the US e-bike company has cut staff since 2021.
Cowboy is launching an e-bike subscription service with Blike.
At least a dozen cities in China are experimenting with offering shared hydrogen-powered bikes to their residents, but the ecological results have mixed. “The main advantage of hydrogen as an energy source is that it has much higher energy density, meaning a hydrogen tank with the same weight as a lithium battery would produce more energy and power the vehicles to go farther. However, that advantage only kicks in for trips over 800 kilometers, says Mark Z. Jacobson, a professor of civil and environmental engineering at Stanford University. That means hydrogen is a more economical choice for long-distance transportation like ships, planes, and trucks. Bikes, however, are almost on the exact opposite end of the transportation spectrum.”
Image Credit: Yuoun
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