Ford buys elec­tric scooter com­pany Spin

The Beaufort Gazette - - Business -

Ford Mo­tor Co. has bought an elec­tric scooter-shar­ing com­pany, ex­pand­ing its pres­ence in al­ter­na­tive modes of trans­porta­tion.

The cen­tury-old com­pany an­nounced its ac­qui­si­tion of Spin, a San Fran­cisco-based dock­less scooter-shar­ing com­pany, on Wed­nes­day.

Spin op­er­ates in 13 cities and cam­puses and al­lows rid­ers to bor­row a scooter for $1 and an­other 15 cents per minute.

Ford says the num­ber of mo­bil­ity op­tions avail­able to peo­ple has risen dra­mat­i­cally in re­cent years, and in some sit­u­a­tions peo­ple use mul­ti­ple forms of trans­porta­tion dur­ing a sin­gle trip.

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