18 Sep 2024 | Abstracted from EIN News
"The global micromobility market was valued at $44.13 billion in 2020, and is projected to reach $214.57 billion by 2030...Asia-Pacific was the highest revenue contributor"Micromobility refers to a range of small, lightweight vehicles operating at a speed of not more than ~15 miles per hour (25 kmph) and considered ideal for commuting within ~10 km range...ncludes the usage of different types of vehicles such as bicycles, e-bikes, electric scooters, electric skateboards, shared bicycles, and electric pedal assisted bicycles ..."
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