Breakingviews - Paris vote rocks scooter rental firms’ shaky ride

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Breakingviews - Paris vote rocks scooter rental firms’ shaky ride
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From Breakingviews - Paris vote rocks scooter rental firms’ shaky ride

People ride electric scooters by Lime sharing service, on the eve of a public vote on whether or not to ban rental electric scooters, in Paris, France, April 1, 2023. REUTERS/Sarah Meyssonnier

LONDON, April 3 - The business of renting out electric scooters is taking a turn for the worse. Parisians on Sundayto ban so-called e-scooter rentals from their streets. Turnout for the vote was low - only 7% of the population registered for it, and they were skewed towards older age groups, who tend not to ride such scooters anyway. It’s a big blow to startups like Uber Technologies-backedCompanies that operate in Paris must pull their combined 15,000-strong e-scooter fleets by September.

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