FORD

Company enters the world of electric scooters

Electric scooters have become a rising trend in various regions of the world. Its possibilities of mobility, low cost and care of the environment have generated that more and more companies are interested in entering this sector.Ford, one of the world's top automotive companies, has not wanted to miss a spot in the world of electric scooters and has bought Spin, a small American startup with presence in nine cities in the United States.According to information provided by Axios, Ford paid about 40 million dollars to complete the acquisition. The figure is very close to Spin's latest valuation after securing a funding round the previous year.While the automaker has just entered the business seriously, it is not the first time that it has experimented with electric scooters. In October, he discovered his involvement in Jelly, a school project that was born at Purdue University in Indiana. The objective is to investigate best practices for the use of electric scooters.It was surprising that Ford tried to hide his intervention in the project. "We are proud to support this academic research project with Purdue. We look forward to learning more about scooters as a mobility solution," the statement said.The initial plan is to distribute a total of 40 electric scooters on campus, from which Ford will be able to obtain all kinds of data to learn about its operation in urban environments, how to manage fleets of scooters and other information that would be of great help for your future intentions. Of course, Spin was not expected at the time.It is still unclear what will be the next Ford move with Spin. At the moment the startup continues with its normal activities. It will be interesting to see how the Michigan-based company will move into a completely different sector than they are accustomed to. It is not ruled out that other purchases related to electric scooter.



H. T.