Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
Shifting Gears: No one has figured out scooter economics yet
Shifting Gears: No one has figured out scooter economics yet
Graham RapierFeb 14, 2020, 23:40 IST
Happy Friday and welcome to another edition of Shifting Gears, Business Insider's rundown of everything that happened in transportation during the week.
Advertisement
The team had no shortage of captivating scoops, interviews, and other stories this week. In South Texas, there's a fight set between longtime homeowners and Elon Musk's plan for a Mars exploration base. And in California, more than 100 truckers lost their jobs as yet another freight company went belly up.
In mobility land, we chatted with the founder of Spin - a scooter startup owned by Ford - about his employees' unionization vote, missed targets, and elusive profits that have yet to materialize for anyone in the industry.
Last Town Before Mars: A series on SpaceX's journey to our neighboring planet, and its effects on a small Texas community
Dave Mosher's second dispatch from Boca Chica, Texas, is one you won't want to miss. Dave Finlay, a SpaceX executive, has been traveling door to door in the quiet retirement enclave near the beach. His mission: convince homeowners to sell and make way for Mars missions.
I interviewed Euwyn Poon, the founder and president of Spin, about how the scooter startup is faring just over a year after its sale to Ford for $100 million.
The company hoped to be in 100 markets by the end of 2019, but it's only in 70 now. That was a conscious decision by executives, Poon said, as the entire industry struggles to figure out tricky economics and turn a profit.
I chatted with Carl-Magnus Norden about his electric-truck startup Volta this week. The company's identified a very specific niche — inner-city deliveries — and has designed a truck that looks nothing like current models in its bid to cut emissions from the heavily polluting sector.