Micromobility is rebounding after COVID disruptions

COVID-19 dealt the nascent micromobility movement a stunning blow just as the industry was accelerating. In 2019, McKinsey & Co. consultants predicted that micromobility would be a $300 billion to $500 billion market by 2030. The number of journeys made on e-scooters in the U.S., for instance, had more than doubled to 86 million in 2019 from the year before.