CES 2024 or bust, Superpedestrian e-scooters hit the auction block and Fisker struggles to meet sales goalsThe Station is a weekly newsletter dedicated to all things transportation.
I appreciated a bit of rest and recovery, just in time for CES 2024.
The Big Three U.S. automakers (Ford, GM and Stellantis) won’t have big splashy displays and announcements as in past years.
However, there will be plenty of automotive, and more broadly, transportation companies and startups in attendance.
Shell Ventures, InMotion Ventures, Porsche Ventures, and Revo Capital also participated.
Gbike acquired a local micromobility platform called ZET from Hyundai Motor for an undisclosed amount last year to bolster its technological synergies.
Gbike posted an EBITDA of $40 million and revenue of $13.7 million in 2022, Yoon said.
“Based on this fully integrated capability, we set out our vision to innovate the micromobility ecosystem through battery-[swapping] infrastructure.
One of the things that set Gbike apart from its competitors is its capability to build its own vehicles — e-scooters, e-bikes and batteries, Yoon mentioned.
Gbike launched its own-developed e-bikes in May last year and now operates a fleet of 35,000 e-bikes.
More than 20,000 electric scooters belonging to Superpedestrian will be auctioned off later this month, along with other equipment from the startup’s U.S. operations, after closing its doors December 31.
Two “global online auction” listings have appeared on the website of Silicon Valley Disposition, an online market for “surplus assets,” which will feature scooters and other paraphernalia from cities Superpedestrian operated in, like Seattle, Los Angeles, and New York City.
The first auction opens January 23, and will run for three days.
A successive auction is set to run from January 29-January 31.
Though it raised $125 million less than two years ago, the company struggled financially in 2023 as it operated its shared scooter fleets in dozens of cities around the globe.
With the ban on rental e-scooters in Paris, shared micromobility companies will have to find a different way to get people around. Lime, Dott and Tier may have to rethink…
