A Decade Into the Digitialization of Mobility, Winners and Losers Emerge
Some forms of mobility services are now fully entrenched in cities. Others haven’t lived up to the hype.
In major urban hubs, ride-hailing companies like Bolt have higher user counts and more vehicles than other forms of mobility services.
Photographer: Andrey Rudakov/BloombergThanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.
Venture capitalists have in the past decade plowed about $120 billion into shared mobility service businesses ranging from ride-hailing platforms like Uber and Lyft, to scooter and bike-sharing companies including Lime and Bird, to car-sharing firms such as Turo and Zoomcar.