Lime IPO?
Taiwan’s E-Bike Export Recovery Wobbles in May, Beam Launches Distance Based Pricing, ACT to Renew Shared Micromobility Program, Lime Prepares for 2025 IPO, and much more…..
Welcome to the Micromobility Newsletter, your weekly digest of important events and industry news in the world of personal transportation.
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What You Need to Know Today
This Week on The Micromobility Podcast!
In this episode of the Micromobility Podcast, host Prabin Joel Jones sits down with Eliott Wertheimer, Co-CEO of VanMoof, to explore the bold journey of reviving one of the world’s most recognized e-bike brands.
Heads up! Our podcast has a new dock on YouTube, Apple, and Spotify. Make sure to resubscribe, so you don’t miss out. Stay Tuned!!!
Taiwan’s E-Bike Export Recovery Wobbles in May
Taiwan’s e-bike exports were off to a good start in early 2025, with steady growth in both the number of bikes shipped and the value they brought in. In March, the value of e-bikes was the highest in the last few years. However, in May, export volume dropped by 20% year-on-year, falling from 32.7k units in May 2024 to 25.8k in May 2025. Market value also declined sharply to $46.5m, down from $63m the previous year. The average export price of the e-bike was $2,023, up by 12% from 2024.
Webinar is out Now!!!
Catch the Micromobility Webinar “Decoding Shared Micromobility: The Lyft Multimodal Report 2025”. Go beyond the numbers and hear the stories behind the data.
Lyft's 2025 Multimodal Report reveals a 47% global surge in e-bike trips across its network of 57 cities, driven by expanded charging infrastructure that enables longer, easier rides and replaces battery swaps. E-bikes now dominate ridership, despite smaller fleet shares, as exemplified by systems in Romania and Spain, where they facilitated more than one-third of trips.
In 2024, e-bikes made up less than 40% of the Citi Bike fleet in New York and New Jersey, yet they accounted for 66% of all rides. 71% of riders opted for an e-bike over a pedal bike.
Download the Multimodal Report Here.
Evolve to Replace Lime
BCAA’s Evolve e-bike share will officially replace Lime across Vancouver’s North Shore starting July 1, 2025, following Lime’s four-year run in the region. The service will launch with up to 300 e-bikes and 90 docking stations across the City and District of North Vancouver. Riders can access the service via the Evo app. Evolve is already active in other BC communities and was selected through a competitive bidding process led by the City of North Vancouver.
Ryde Reaches 100 Million E-Scooter Trips
Ryde has surpassed 100m trips on its shared e-scooters. Top markets include Oslo, Bergen, Helsinki, and Gothenburg, each recording about 3 million trips annually. The company highlighted that local regulations and fleet caps significantly impact ridership, while weather, especially in Finland where operations pause during winter, also affects usage. This spring, Ryde deployed 30k new scooters across the Nordics and now targets 50m trips in 2025, with plans to expand beyond the region starting in 2026.
Lime Sees Ridership Surge After Vancouver Expansion
Lime’s e-scooter share service in downtown Vancouver saw a 33% ridership increase in just two weeks following its June 2025 expansion, jumping from 75k to 100k total lifetime rides. The growth is attributed to the new downtown coverage, adding 28 stations for 525 total devices across 98 stations, and favorable summer weather. Unlike Lime’s global free-floating model, Vancouver uses locking docking stations to reduce clutter and improve safety. The company also highlighted its broader Canadian impact, nearly 7.3m trips since 2018, replacing an estimated 1.7m car journeys.
ACT Renews Shared Micromobility Program
In Canberra, the ACT Government is renewing its shared micromobility program, inviting providers to apply for permits to operate e-scooter and e-bike services starting July 2, 2025. The updated program aims to introduce shared e-bikes for longer trips and riders less comfortable with e-scooters. The permit will be issued for three years, with successful applicants launching services in spring 2025. The shared e-scooter program, launched in 2020, recorded an average of 1.6k trips per day.
Lime Prepares for 2025 IPO
Lime, backed by Uber, has hired investment banks Goldman Sachs and JPMorgan Chase to prepare for a U.S. initial public offering (IPO) potentially next year. The IPO could value Lime significantly higher than its $510m valuation in 2020. The move comes as the IPO market shows signs of recovery, with Lime reporting strong financials - 2024 net revenue rose 32% to $686m, and the company remained free cash flow positive for a second consecutive year. Lime currently operates in over 280 cities worldwide.
Beam Launches Distance-Based E-Scooter Pricing
Beam Mobility now offers riders a choice between time-based or distance-based pricing for e-scooter trips. The new distance-based model charges users only for the actual distance traveled. This approach includes a time buffer to prevent rush and encourages safer parking. Beam highlights that distance-based pricing improves street safety for all users and paves the way for future destination-based pricing (similar to Uber), which could incentivize riders to rebalance fleets toward high-demand zones through dynamic discounts.
SA to Legalize Private E-Scooters with New Rules
South Australia will legalize private e-scooters, e-skateboards, and e-solowheels from July 13, 2025, ending six years of trials. Riders 16+ can ride the e-scooters on footpaths, bike paths, and roads without registration or licenses. Devices remain prohibited on public transit; however, it is under review. With over 543k trial trips in 2024, the government aims to balance safety with growing demand for sustainable travel.
Kaabo Launches New Urban E-Scooter
Kaabo unveiled its new Urban e-scooter, targeting city commuters with a 500W motor, 25 mph top speed, and 25-mile range. Priced at $799, it features a 22.4-inch foldable design, IPX6 water resistance, dual disc brakes, LED lights, and an NFC-enabled display. The model emphasizes portability for multimodal transit and addresses demand for compact, high-performance urban mobility.
Lime Expands E-Bikes in Sydney
In Western Sydney, Lime plans to introduce thousands of next‑generation e‑bikes in Parramatta CBD and Sydney Olympic Park by the end of the year. Lime is emphasizing the need for complete connectivity in Sydney’s transport network. Negotiations with local councils, such as Parramatta, are still ongoing, with questions around parking bays, geo‑fencing, and reimbursement for bike relocations.
Prague Rejects E-Scooter Ban
The Prague City Council has rejected a proposal to ban shared e-scooters from parts of the city, despite complaints about safety hazards, sidewalk clutter, and regulatory gaps. The proposal aimed to regulate e-scooters and shared bikes under the same rules, requiring operators to pay CZK 25 per vehicle monthly and park only in designated spaces. City officials argued against the ban and preferred regulating micromobility services through contracts instead of imposing a complete ban on the vehicles.
RideReview: NIU KQI 100P
Helsinki Tests AI for E-Scooter Safety
Helsinki launched a six-month pilot using AI sensors on 40 Tier-Dott e-scooters to preemptively address safety risks. UK-based See.Sense sensors collect real-time data on braking, swerving, and collisions, while Vianova integrates insights for city planning. The project aims to identify high-risk areas before accidents occur, enabling proactive infrastructure improvements and policy changes. Success could scale the model globally.
Lime Named TIME100 Most Influential Company
Lime, one of the world’s largest micromobility operators with 270k e-bikes/scooters across 30 countries, secured a spot on TIME’s 2025 Top 100 Most Influential Companies list. It achieved its fourth straight year of >30% growth, reaching $810m in 2024 gross bookings and record profitability, bolstered by its Uber app integration.
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