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Ford Or Will Acquire Shared Electric Scooter Service Provider Spin

C-STAR Industrial Limited | Updated: Nov 09, 2018

shared electric skateboard.jpg

Citing US media reports, a source recently revealed that Ford has agreed to acquire Spin, a shared electric Scooter service provider, for about $40 million. Ford has not yet commented on this news.

In fact, Ford has spent several years trying to make breakthroughs in other vehicles besides cars, such as the previous electric bike project. If the news is true, then this is in line with Ford's strategic plan for the past few years.

At present, Uber and Lyft have a large number of users in the field of electric scooters. Whether Ford can break this situation in a short time, this may determine the future of Spin.