The San Francisco Municipal Transportation Company is silent reviewing the 12 applications from firms to characteristic electric scooters within the metropolis. In early June, firms like Uber, Lime, Bird, Lyft and others applied for permits to characteristic electric scooter-fragment companies in San Francisco. San Francisco’s allow course of came because Bird, Lime and Lumber deploying their electric scooters with out permission within the metropolis in March. As phase of a new metropolis regulation, which went into operate June Four, scooter firms will no longer be able to characteristic their companies in San Francisco with out a allow.
The SFMTA within the origin mentioned it anticipated to assemble a willpower about which five, if any, firms would receive permits by the tip of June. Wisely, it’s now July and silent no willpower. The SFMTA expects to finalize its suggestions and documentation “within the arrival weeks,” the SFMTA wrote in a blog post these days. As soon as that’s carried out, the company says this will work with firms to finalize and account for the phrases and prerequisites of the allow. The scheme, in step with the blog post, is to scenario permits sometime in August.
As phase of the 24-month pilot program, electric scooter firms selected to characteristic within the metropolis will must acquire user training and insurance protection, fragment its detailed outing data with the metropolis, private a privateness protection that protects user data, offer a low-earnings thought and characteristic in a to-be-authorized provider role. The metropolis will enable no bigger than 2,500 electric scooters on the streets at anybody time.
Whatever the standstill in San Francisco, scooter firms are transferring stout force ahead, snatching up project funding and partnering with increased players. Final week, Lime raised a $335 million spherical led by GV with participation from Uber. Tiring remaining month, Lumber presented it’s closing a $125 million security token offering. That came rapidly after electric scooter startup Bird raised a $300 million spherical led by Sequoia Capital.
For a breakdown of the continued scooter wars, be definite to be taught TC’s overview.