Since acquiring shared bike and station provider PBSC Urban Solutions two years ago, Lyft has invested in building and deploying better quality e-bikes and docked e-scooters, as well as a new type of docking station that is solar-powered, modular and able to charge both bikes and scooters.
As CEO David Risher reviewed Lyft’s micromobility assets, he asked himself: “Do we sell the whole thing, or do we operate it?”