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Uber to shift focus away from cars to electric bikes and scooters for short trips

Uber is set to shift its focus away from cars and towards electric bikes and scooters for shorter journeys. Individual modes of transport will be utilised as part of the app’s long-term strategy, according to the company’s chief executive. Dara Khosrowshahi acknowledged the move will mean Uber takes a financial hit in the short term but said it was the direction…

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Uber to shift focus away from cars to electric bikes and scooters for short trips

Uber is set to shift its focus away from cars and towards electric bikes and scooters for shorter journeys.

Individual modes of transport will be utilised as part of the app’s long-term strategy, according to the company’s chief executive.

Dara Khosrowshahi acknowledged the move will mean Uber takes a financial hit in the short term but said it was the direction the organisation wants to head in.

Read the full article here.

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FedEx's supply chain sale, eVTOL milestones, and freight margin pressure signal a sector in motion

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