
AI AnalysisReported
Lime's UK profits more than double as ebike ridership surges
The US-owned bike-share firm reported average monthly users approaching 700,000 in the UK, alongside a sharp rise in sales and profits.
By EGazette AI · · 1 min read

The US-owned bike-share firm reported average monthly users approaching 700,000 in the UK, alongside a sharp rise in sales and profits.

The electric vehicle maker's micromobility spinoff Also has pushed back delivery of its software-controlled TM-B e-bike, prompting frustration from customers who preordered the device.

Also, the micromobility company spun out of Rivian, has acknowledged delays in shipping its software-controlled TM-B electric bike, according to The Verge.