Electric scooters may not be around for long…

Electric scooters have been one of the biggest tech crazes of the last year, with venture capitalists pouring more than $1 billion into the startups. But the fundamental numbers don’t add up because the scooters don’t bring in enough money to cover their costs. If the business continues on its current path, the scooter hype might be short-lived. Read more here: http://bit.ly/2P5g030 Subscribe: http://goo.gl/G5RXGs Like The Verge on Facebook: https://goo.gl/2P1aGc Follow on Twitter: https://goo.gl/XTWX61 Follow on Instagram: https://goo.gl/7ZeLvX Listen to our podcasts: http://bit.ly/2i0npB8 Read More: http://www.theverge.com Community guidelines: http://bit.ly/2D0hlAv Wallpapers from The Verge: https://bit.ly/2xQXYJr Subscribe to Verge Science on YouTube, a new home base for our explorations into the future of science: http://bit.ly/2FqJZMl http://bit.ly/2UMfbBv The Verge April 12, 2019 at 09:21AM