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Micromobility company Lime has raised $167 million in its IPO. The nine-year-old scooter and bike company, which is backed by Uber, sold 6.68 million shares at $25 each, at the mid-point of its $24 to $26 price range. Shares started trading on the Nasdaq stock exchange under the ticker “LIME” on Wednesday afternoon, jumping around…
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! After years of hints and preparation, the Uber-backed electric bike and scooter rental startup Lime filed…
Shared micromobility company Lime has reached an agreement to send batteries used in its scooters and e-bikes to Redwood Materials, which will extract and recycle critical minerals such as lithium, cobalt, nickel, and copper. The agreement announced Monday makes Redwood Materials the exclusive battery recycling partner for Lime’s shared scooters and e-bikes located in cities…
Election Day is nearly here, and if you haven’t already mailed in your ballot or gone in for early voting, you might need a ride come November 5. Here’s a roundup of all the freebies, discounts, and information on getting to the polls that transportation companies are offering. Micromobility Lime is offering free rides to…