Can Bikes and Scooters Change the World?
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In cities everywhere, micromobility is on the rise and re-shaping how we get around. From electric scooters to shared bicycles, micromobility is helping to solve critical challenges like congestion, pollution, and last-mile logistics.
Why the surge?
1️⃣ Urbanisation: With over half the world's population living in cities, demand for efficient, flexible transit is booming.
2️⃣ Sustainability Goals: Many cities aim to reduce carbon emissions, and micromobility offers an eco-friendly alternative.
3️⃣ Tech-Driven Accessibility: Apps and IoT-enabled fleets make renting a ride simple.
4️⃣ Affordability: Micromobility provides an economical option for individuals and communities.
The stats tell the story:
- In 2023, the micromobility market reached over $50 billion globally and is projected to grow at a CAGR of 17% through 2030.
- By 2025, over 100 cities are expected to implement robust micromobility policies.
What’s next?
From integrating micromobility into public transport systems to advancing battery tech for longer rides, the opportunities are big. But challenges remain like ensuring pedestrian and rider safety (wear a helmet?), to access for all or managing clutter in public spaces.
Policymakers, businesses and commuters all have a role in shaping the future of the sector. If things are done right there's scope to make our cities cleaner, greener, and better connected.