Lime looks to out-muscle Tier and Bird as e-scooter rivals scrap for profit

By Guy Taylor E-scooter investors will be looking ahead to operator Lime’s half-year results next Tuesday amid growing interest in whether the nascent sectors’ finances can stand up to scrutiny. Lime has emerged as a leading player in the rapidly growing e-scooter and e-bike market, against tough competition from rivals Tier, Dott and Sweden’s Voi. Increasingly developed electric battery and mobile phone technology, coupled with venture-capital financing have helped micromobility start-ups pop up around the World. But the industry has faced intense scrutiny as investors fret over its capital i…

Read More