Who’s Winning on Utilization? A Deep Dive Into Micromobility’s Top Cities
How did some of the large cities perform?
Welcome to Micromobility Pro, a bi-weekly publication which is part of The Micromobility Newsletter, where we deep-dive into financials of micromobility companies and exclusive insights tailored for professionals and members.
Contents
Introduction
Chart: Trips in Cities - 2024
Global Micromobility Ridership Analysis
Performance Breakdown
Chart: Quarterly TVD of Top 5 Cities till Q1-2025
Chart: Average Fleet Size by City in 2024
Quarterly Trends
Insights
Conclusion
Introduction
Micromobility operators face a pivotal shift from scale-driven growth to efficiency-focused operations in 2024-2025. While annual ridership reached significant volumes across major markets, performance diverged sharply based on fleet utilization metrics. Leading cities demonstrated that strategic fleet optimization, rather than sheer vehicle count, drives sustainable outcomes, particularly when navigating seasonal volatility.
Washington DC reported 8.46M annual rides and Denver demonstrated fleet efficiency with 2.80 TVD avg. Melbourne's operational overhaul boosted Q1 2025 performance (0.47M) despite seasonal headwinds. These granular insights redefine 2025 priorities around fleet optimization and seasonal resilience.