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NYC legalizes electric scooters

Lime bike, excluded from new law

New York State has legalized electric scooters and bicycles; however, scooter rental companies like Bird and Lime are not allowed to operate in Manhattan, according to the NYTimes. NYC leaders were worried that scooters could make the crowded streets even more dangerous.

  • Worth Noting: The law allows cities and towns to set local rules for the devices. Those who own private electric scooters will be allowed to ride in Manhattan, and will no longer risk a $500 fine.
  • Be Smart: The two major E-scooter startups Bird and Lime have both individually crossed the 10 million ride mark. VCs view these startups as the next Uber or Lyft — the next medium to disrupt urban transportation. Both companies are valued at over $1 billion.

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