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[-]  07-11-18 22:22

The Verge - All Posts
Ford buys e-scooter company Spin for $40 million
Ford is buying dockless electric scooter company Spin for $40 million, according to Axios. The acquisition cost roughly what Spin was valued at after its Series A funding last year.
The deal isn’t the first time Ford’s entered the e-scooter market; the company started conducting a test run of scooter rentals at Purdue University under the name “Jelly” last month. Ford has also been exploring new mobility solutions since it acquired San Francisco-based shuttle service Chariot in 2016, an...

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