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Micromobility's Turbulent 2023

07 Jan 2024 | Abstracted from Smart Cities Dive

"Ridership grew and more cities committed to bike-share programs and infrastructure, yet micromobility providers face an uncertain financial future."

"It was the best of times and the worst of times in 2023 for bike- and scooter-share providers...(NACTO) highlighted in a November report the competing forces shaping shared micromobility: growing ridership, increasing costs for users and financial challenges for operators."



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