How much have cities spent on micromobility?
Cities have spent varying amounts on micromobility initiatives, which include electric bikes as well as electric scooters and other small, sustainable transportation options. The exact figures can vary significantly depending on the size and needs of the city, as well as the specific initiatives and partnerships in place. For example, in 2019, the city of Los Angeles allocated $20 million to fund electric bikes and scooters as part of its Vision Zero initiative to improve safety and reduce traffic fatalities. Similarly, the city of Paris invested over €150 million in its Vélib' electric bike-sharing program, which includes the purchase and maintenance of the electric bikes, as well as the infrastructure needed to support the system. These examples highlight the commitment of cities to investing in micromobility to provide more sustainable and efficient transportation options for their residents.
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