In 2008, Ford bought the startup Spin, which focuses on micromobility, being one of the first to offer an authorized service of shared electric scooters in the United States. Now, the company is preparing to enter the European market, arriving in Germany in the second quarter and then in France and the United Kingdom.
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According to Ford, Spin is already present in 60 cities and 25 universities in the United States offering electric scooter service to communities with a focus on affordable price.
When this type of mobility product appeared, some companies made scooters and even bicycles available without asking permission from city halls, something that caused headaches for local authorities, resulting in a ban in many cases. Spin, as explained in a note, acts carefully on this issue, asking for permission from the local administration and going through the legal validation processes.
We believe that integration with the community is essential for our long-term success. Therefore, we have local teams to listen to people in the communities, collecting their opinions so that we can offer the best service possible. Last year, we increased the number of cities in which we operate in the USA by 600%. Now, we want to work in partnership with cities and universities across Europe to offer a safe, pleasant and continuous service.Euwyn Poon, co-founder and president of Spin.
We believe that integration with the community is essential for our long-term success. Therefore, we have local teams to listen to people in the communities, collecting their opinions so that we can offer the best service possible. Last year, we increased the number of cities in which we operate in the USA by 600%. Now, we want to work in partnership with cities and universities across Europe to offer a safe, pleasant and continuous service.Euwyn Poon, co-founder and president of Spin.
After being bought by Ford, the number of employees jumps from 24 to 600. According to Spin, the company is now looking for new markets without losing focus on sustainable transport solutions.
Derrick Ko, co-founder and CEO of Spin, comments that the company is excited to reach this milestone, he explains that the expectation that the company will take the lead in the sector in Europe, since it was one of the first to create a regulatory structure for the shared micromobility.
