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Ford Acquires Electric Scooter Startup Spin

Company had fallen behind front-runners like Lime and Bird

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Ford Rides Spin Acquisition Into Scooter-Sharing Services
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Ford Motor Co. said it acquired Spin, a San Francisco-based scooter-sharing company.

For Ford, the deal adds scooters to a sprawling array of future transportation services, which already include autonomous vehicles and on-demand shuttles. As for Spin, it has found a deep-pocketed acquirer after having been locked out of several key markets.