Wayne Ting on Micromobility in a Pandemic

Wayne Ting on Micromobility in a Pandemic

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Interactive Video

Business

University

Hard

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The video discusses Lime's response to COVID-19, highlighting a significant drop in ridership and subsequent recovery. Lime achieved profitability through strategic measures, including cost reduction and geographic distribution. The company plans to expand its fleet and modes of transportation, with investments from Uber and others. Lime emphasizes sustainability, introducing longer-lasting scooters and swappable batteries. The video also covers Lime's competitive advantages, challenges in urban deployment, and future strategies for micro mobility.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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