Key trends in micromobility

• 70% of consumers say they would use micromobility vehicles for their daily commute
• Using a bike instead of a car reduces GHG emissions by 67%, even if it is only once a day
• 300 million trips were made by electric scooter worldwide by mid-2020
• Electric bike sales reached \\\$10.6 billion in 2020 in Europe, up 52% from 2019
• 45% of micromobility trips in major U.S. cities replace car trips
• 52% of German consumers favor car-free zones in major cities to make more room for cyclists and pedestrians

News and fundraising

• European micromobility startups have raised \\\$778M from VC funds this year, as of October 2021
• Micromobility startups have received \\\$14B in equity worldwide since 2017
• Transport for London selected Lime, Tier and Dott for an electric scooter sharing experiment that kicked off in mid-2021
• Dutch startup VanMoof became the most funded electric bike company after its \\\$128M Series C in September 2021