May 28, 2020
Uber destroys thousands of bikes and scooters
Uber is destroying thousands of electric bikes and scooters, after selling its Jump business to Lime. In the UK, Uber continues to operate Jump and has not scrapped any bikes. As part of the deal, Uber invested $170m in Lime, while Lime acquired "Tens of thousands" of Uber's Jump bikes - and the associated intellectual property. Disappointed charities and organisations suggested the bikes could have been donated to community groups, or sold to individuals to boost the uptake of electric bikes. "Why not at least peel the decals [branding] off and sell the bikes to individuals?" Jon Orcutt of Bike New York, a non-profit group, told news site Motherboard.
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