Dr. Marcus Webb
The micro-mobility company Lime is making waves in the Twin Cities as it announces a significant increase in the number of rides taken on its e-bikes and e-scooters. Lime reported that rides on its vehicles nearly doubled from 2022 to 2023, solidifying its position as a leading player in the bike-sharing and e-scooter industry.
This news comes as Lime prepares to reintroduce its fleet in St. Paul, following a successful relaunch in Minneapolis just last week. The company’s commitment to offering electric-assist bike-sharing has not gone unnoticed, as riders in both cities have embraced Lime’s integrated services.
While bike-sharing and e-scooter companies have come and gone in the Twin Cities over the years, Lime’s collaborative approach with Minneapolis and St. Paul seems to have struck a chord with riders. By issuing joint solicitations for shared mobility vendors in 2022, the cities created a platform for Lime and other companies to thrive.
With Lime riders taking over 960,000 trips on their vehicles in the Twin Cities in 2023, compared to 504,000 rides the previous year, it’s evident that Lime’s multimodal approach is resonating with the community. Furthermore, the company’s success is not limited to the Twin Cities, as Lime saw trips in more than 42 cities worldwide double year over year.
Lime’s global impact is reflected in its staggering numbers, with 156 million trips contributing to gross bookings of $616 million in 2023. This represents a remarkable 32% increase from the previous year, reaffirming Lime’s position as a major player in the micro-mobility industry.
As Lime continues to expand its reach and offer innovative solutions to urban transportation, it solidifies its role in shaping the future of sustainable mobility. With other companies like Spin expected to join the Twin Cities market, the micro-mobility landscape is set for continued growth and evolution.
The micro-mobility industry, which includes bike-sharing and e-scooter services, is experiencing significant growth and evolution. Lime, a leading player in the industry, has reported a nearly doubled number of rides taken on their e-bikes and e-scooters from 2022 to 2023 in the Twin Cities. This demonstrates Lime’s success and solidifies its position in the market.
Lime’s success can be attributed to its collaborative approach with Minneapolis and St. Paul. By working closely with these cities and issuing joint solicitations for shared mobility vendors, Lime has created a platform for itself and other companies to thrive. This approach has resonated with riders in the Twin Cities, as evidenced by the over 960,000 trips taken on Lime vehicles in 2023 compared to 504,000 in the previous year.
Lime’s success extends beyond the Twin Cities, with trips in more than 42 cities worldwide doubling year over year. This global impact is reflected in Lime’s impressive numbers, with 156 million trips contributing to gross bookings of $616 million in 2023. This represents a 32% increase from the previous year, further establishing Lime as a major player in the micro-mobility industry.
As Lime continues to expand its reach and offer innovative solutions to urban transportation, it is shaping the future of sustainable mobility. However, Lime is not the only player in the market. Other companies like Spin are expected to enter the Twin Cities market, indicating that the micro-mobility landscape is poised for continued growth and evolution.
For more information about Lime’s impact on the micro-mobility industry, you can visit the company’s official website: Lime. Additionally, you can explore industry reports and forecasts from reputable sources to gain further insights into the market trends and future prospects of the micro-mobility industry.
