Neutron Holdings, Inc., doing business under the name Lime, formerly LimeBike, is a transportation company based in San Francisco, California. It runs electric scooters, electric bikes and electric mopeds in various cities around the world. The system offers dockless vehicles that users find and unlock via a smartphone app that knows the location of available vehicles via GPS.
LimeBike was founded in January 2017 by Brad Bao and Toby Sun, both of whom were executives of Fosun International's venture capital arm. It raised US$12 million in venture funding led by Andreessen Horowitz in March 2017.[1] The company's first location, University of North Carolina at Greensboro, launched in June 2017 with 125 bicycles.[2]
LimeBike expanded in July 2017 to the cities of Key Biscayne, Florida, South Bend, Indiana, and South Lake Tahoe, California.[3][4][5] On July 27, 2017, LimeBike launched with 500 bicycles in Seattle, Washington, becoming the city's second bikeshare operator.[6]
The company closed a Series B round of venture funding in October 2017, announcing that it was valued at $225 million.[7] A $335 million funding round in 2018 led to a valuation of $1.1 billion for the company, making it a unicorn.[8]
In January 2018, Lime announced at CES 2018 that they would begin a trial of electric bikes, branded Lime-E, in San Francisco.[10] The following month Lime-S electric scooters were announced.[11] There was criticism in April 2018 when Lime left several hundred scooters on the streets of US cities without the permission of municipal authorities.[12][13] Public criticism increased in June when it emerged that the scooters were programmed to play a recording of the message "Unlock me to ride me, or I'll call the police" repeatedly, at high volume, when their controls were touched.[14]
In May 2018, the company announced plans to begin development of transit pods, small self-driving electric vehicles.[15] Lime applied for car-sharing permits in Seattle in October 2018 and later launched a service in December 2018 with a fleet of Fiat 500 Lounge cars branded as "LimePod."[16][17]
In September 2018, a 24-year-old man in Dallas, Texas in United States died in a single vehicle Lime scooter accident. The responding police officer found a Lime electric scooter broken in half about 500 feet from where the victim was found unresponsive.[19]
Lime acquired the Jump e-bike and scooter business from Uber in May 2020, along with a $170 million funding round led by Uber, with Bain Capital Ventures and GV participating. The deal valued Lime at $510 million, down 79% from its $2.4 billion valuation in April 2019. At the same time, Brad Bao stepped down as CEO, replaced by Wayne Ting.[24]
In November 2021, Lime closed an oversubscribed funding round raising $523 million and announced an intention to take the company public in 2022.[29] The company also announced in 2021 that riders had surpassed 250 million rides using Lime services, making it the largest shared micromobility operator globally in terms of total trips.[30]
The user installs the Lime app on a device (typically a smartphone), on which are displayed all the vehicles available (tracked by GPS) nearby. Before starting a trip, the user supplies payment information. The user then scans the QR code on the vehicle, beginning the trip. To end the trip, the user parks the vehicle then ends the ride through the app. The price of the trip is immediately withdrawn from the user's payment method, unless using a pre-loaded Ride Pass. Lime requires users to take a picture of the parked vehicle and its surroundings to review whether the vehicle was parked improperly. If any problems were encountered with the trip (like a malfunctioning vehicle) the user can report it through the app.[citation needed]
In select cities in Australia, Lime operates both its scooter and bikes. In Melbourne, privately owned electric scooters are prohibited outside of the suburbs where Lime's e-scooter trial is permitted to operate. Additionally, throughout the state of Victoria, sidewalk riding is prohibited.
Some of Lime's electric scooters have been recalled due to mechanical failures. In October 2018, Lime recalled a number of its Segway Ninebot scooters after cases of batteries "smoldering, or in some cases, catching fire".[37]
In November 2018, Lime issued a recall of its Okai-model scooters on reports that the baseboards could "break in half".[38] The recall was issued following internal comments by employees that its scooters were unsafe for public use.[39]
In February 2019, Lime issued a safety update, announcing that some of its scooters could malfunction and their wheels could "lock up". The company was forced to temporarily withdraw its scooters from circulation in Auckland and Dunedin, New Zealand, after injuries caused by irregular braking incidents.[40][41] According to Consumer Reports, affected Lime scooters had buggy faulty firmware.[42]
In some locations, Lime scooters are charged by private contractors who sign up to become "Juicers". The company sends approved Juicers charging equipment, and pays them to charge scooters overnight then place them at designated "LimeHubs" throughout the company's service area in the morning. Juicing can become competitive, with Juicers in some markets using vans and other creative means to pick up scooters all over a city.[43]
In February 2019, a Fort Lauderdale Lime user was placed in a vegetative state after a violent collision with a car while riding a Lime scooter on the road, not the legally permitted sidewalk use. The injured woman was allegedly instructed to use the road by Lime's app.[44]
Scooters were initially banned in Milwaukee when Bird Rides Inc. started their scooter business without permission. Wisconsin's Governor Tony Evers signed a bill July 11, 2019 regulating scooters.[48] Shortly after the Governor's decision, Lime began operating in Milwaukee in a pilot program, until the city again halted scooter rentals because of complaints about riders riding on sidewalks. Lime wanted to increase its fleet of 500 scooters in the Milwaukee area but were denied permission.[49]
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I tried lime scooters the other day and was thoroughly impressed. The first time I observed them was actually when a facebook friend posted his trip. Though I had not seen the scooters the comments gave me the context I needed to understand a scooter app service was now available in Brisbane. I had a meeting in the city - I did not want to pay $30 for parking at a deck but I did need to drive in and out. I parked on the street just across the river and thought 'this is my chance...'
Everything about getting the app, finding a scooter and firing it up for the first time was extremely intuitive. After strapping on a helmet and a first wobbly push off, I was away and loving it. So these are my thoughts on lime scooters:
It amazes that a company such as Uber comes along and really does a better job at solving a problem than the incumbent solution. Then another company comes along and finds an even more optimal way of solving the problem.
I think Australia needs to take a cue from this and be the country coming up with these ideas and pushing out to the rest of the world but we can only do so if we promote learning the types of customer centric approaches these company's use to reach these results.
In a little over 24 hours I'll be landing at LAX from an international flight and have 5 hours to fill before my connecting domestic flight. I'd like to get out and see some local shops, particularly REI which is 4.5 miles away. I think a Lime scooter (other brands too, that's the only one we have here in Auckland) would be the best way to go. Are un-docked e-scooters available in LAX and can I legal ride one on the footpath with no helmet?
clarification I am not suggesting riding a scooter inside the terminal. I am talking about finding where they might be parked outside so that I can get to and from some shops 4.5 miles away.
Look at it from the TSA security point of view - dropping a scooter off is tantamount to leaving a suspicious package (full of wires and batteries to boot) lying in the middle of a vulnerable location. And even if you had docked scooters, there is no way to validate that a scooter brought into the airport has not been tampered with. So again that won't fly.
That being said, an airport such as LAX is not really a suitable location for scooters in the first place (and I know LAX from many trips there). You have thousands of people in a rush to get from ground transportation to gates or from gate to gate, and a large number carrying large amounts of luggage with them. And did I mentions the stairs? None of that would suit itty bitty scooters which nominally only support riders under 200lbs (and the average weight of adults in the US is 180lbs - but I swear that there must be a lot of skinny people in the US hiding in the woodwork)
I asked Uber why my scooter stopped working all of a sudden, and it replied: "The city prohibits electric scooters in the area you were riding in so as a result we have blocked off that area to prevent violations."
However, I encountered a rider on a functioning Bird scooter in the same zone where my Jump scooter stopped working. It turns out that while scooter apps do work with the city to enforce red zones, when and how they are enforced is not information that's readily available to riders. It is unclear and inconsistent whether red zones mean a scooter will stop working, or if scooters are simply not allowed to be parked in the area.
Scooter share and bike share let you rent electric foot scooters and electric bikes for quick errands, trips to Link light rail, climate-friendly commute trips, and more. You rent the nearest available scooter or bike, ride it to where you want to go, and leave it responsibly parked for the next person to ride.
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