INSUBCONTINENT EXCLUSIVE:
Transportation startup Lime is shutting down LimePod, its car-sharing service that it launched last November in Seattle
Lime plans to start removing its vehicles from the streets of Seattle next month and will completely shut down the service by the end of the
The news was first reported by GeekWire.Lime has operated a pilot program in Seattle since last year and is set to conclude at the end of
Throughout the program, more than 18,000 people took more than 200,000 trips in LimePods, according to a Lime spokesperson
At launch, the plan was to explore carsharing for short distances and eventually replace its vehicles with an all-electric fleet
We are similarly committed to that goal and the information gained during our pilot will support the work necessary should we decide to
deployed its scooters and bikes in more than 100 cities in the United States and more than 20 international cities
Recently, Lime hit 100 million rides across its micromobility vehicles
Clearly, Lime sees more of a future with shared bikes and scooters than it does with cars.Earlier this year, Lime raised a $310 million
Series D round led by Bain Capital Ventures and others
That round valued the startup at $2.4 billion.
