Ford Acquires Scooter-Sharing Company
Here’s something you might have missed. As Ford Motor Company looks to transition its vehicle lineup primarily to trucks and SUVs while also developing electric and autonomous vehicles, the Blue Oval did something that might not make sense on the surface — it purchased an electric scooter-sharing company called Spin.
Why would one of the world’s premier automakers acquire a scooter company? The move fits with Ford’s plans to expand their presence in the mobility business “to help get places more easily” as they work to find solutions to provide more efficient transportation for customers.
In a Medium…
