In recent years, micromobility has faced a number of not-so-micro-problems. In addition to the difficulty of achieving favorable unit economies inherent in business, COVID-19 has reduced passenger numbers to levels that have yet to be fully restored, making many micromobility operators difficult to pay and very less profitable.
Maintaining and maintaining a fleet of e-scooters and e-bikes, keeping batteries charged, and moving vehicles to locations where they can make the most of them is labor intensive. Insurance, tolls and fines — from cities unhappy with users leaving scooters on sidewalks or, in some cases, in a ditch — are also pushing up operating costs.
However, judging by the trends of 2021, micromobility is far from being lost, and the rest 2022 looks promisingI’m so happy Alex Nesik, co-founder of Drover AI, and Janelle Wang, co-founder and CEO of Acton, join us on the forum TC Session: Mobility 2022 May 18-19 to discuss what is needed A single industry profiting from collaborative micromobility According to McKinsey Achieve between $300 billion and $500 billion by 2030. Also, we’ll be adding a third expert to this panel soon, so keep an eye on that space.
Nesik is both a co-founder and chief commercial officer. Drover AIPioneer in AI-powered computer vision for micromobility. The startup, founded in 2020, provides operators of shared micromobility systems with a camera-based computer vision system to monitor driver behavior to help operators meet growing safety and regulatory requirements. Prior to joining Drover AI, Nesik held an executive position at Immotor and co-founded CLEVR Mobility.
Wang is the co-founder and CEO do business, a company that provides Mobility as a Service (MaaS) and Infrastructure as a Service (IaaS) packages to cities and rideshare park operators. Founded in 2013, Acton has expanded into over 150 global markets, including cities like Paris and New York.
Wang is a designer-turned-entrepreneur with 15 years of strategic planning, category building, and design thinking for startups at Fortune 500 companies. Wang is committed to creating a more efficient, livable, and livable urban environment. He holds over 50 patents for micromobility and sustainability solutions.
If you are looking for keys to profit from micromobility, check out this in-depth discussion of public transport agencies and other profit-making strategies to encourage the use of scale, multi-modal business models, partnerships with cities and towns to control costs. I do not remember
TC Session: Mobility 2022 Breaks the hype and goes beyond the headlines to explore how the confluence of technology and transportation will impact a wide variety of industries, cities and the people who work and live in them. Register today and reserve your spot before prices go upI