Name: Insights: Uber’s CEO Is Bullish on e-Bikes and Scooters
Uploaded: 2020-02-20
Duration: 2 min 3 s
Description: Dara Khosrowshahi explains why.

 AUDIENCE: So I'm a Santa Monica resident and we're kind of overwhelmed, and I think in a wonderfully positive way, by the scooters. Bird Scooters is a local for us, you just invested in Lime. And I think it could totally transform that last mile. Tell me a little bit more about the investment in Lime, how you think about scooters, and maybe how you stack rank scooters versus Eats versus maybe international expansion. DARA KHOSROWSHAHI: It's tough for me to stack rank, although I would agree with you, it is a huge opportunity. And I think when you step back, half the world's population lives in urban centers. That's going to go to 2/3 of the world's population, and that is an extraordinary opportunity. But no city wants more cars. Cities are not going to be able to come up with the infrastructure required to satisfy demand of all these cars. And if you are traveling, let's say, 3 miles or less for you to, as a single occupant, take a car and travel those 3 miles, it's a very inefficient use of assets and it's a very inefficient use of the roads of any city. So when we look at e-bikes and we look at scooters, and I think there will be many, many other versions of it, travel within 2 to 3 miles within cities for individuals or two people, I believe, is going to radically change over the next five to 10 years, and I believe it should radically change, and it's a much, much better use of assets than a car to take you all over the place. We haven't had real innovation around personal transportation in cities for the past 34 years. This is a first time I'm really seeing it. And we want to play a part both as a platform and as kind of a vertical player as well. But if we can bring this and we can work with multiple players to do it, we absolutely will. 

Insights: Uber’s CEO Is Bullish on e-Bikes and Scooters

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Uber’s CEO Is Bullish on e-Bikes and Scooters

So I'm a Santa Monica, uh, residents, and we're kind of overwhelmed, and I think in a wonderfully positive way by the scooters. Bird scooters is a local for us. You just invested in lime, and I think it could totally transform that last mile. Tell me a little bit more about the investment in line, how you think about scooters and maybe how you stack rank scooters versus eats versus maybe international expansion. It's tough for me to stack rank, although I would agree it is a huge opportunity, and I think when you step back, half the world's population lives in urban centers. That's gonna go to 2/3 of the world's population, and that is an extraordinary opportunity, right? But no city wants more cars, you know, cities. They're not gonna be able to come up with the infrastructure required to satisfy demand of all these cars and if you are traveling, lets a three miles or less for you, too, as a single occupant. Take a car and travel both three miles is a very inefficient use of assets, and it's very inefficient use of the roads of any city. So when we look at E bikes and we look at scooters and I think there will be many, many other versions of it. Travel within 2 to 3 miles within cities for individuals or two people, I believe, is going to radically change over the next 5 to 10 years, and I believe it should radically change. It's a much, much better use of assets than a car to take you all over the place. We haven't had real innovation around, you know, personal transportation in cities for the past 34 years. This is the first time I'm really seeing it and we want to play a part both as a platform and as a kind of a vertical players. Well, but if we can bring this and we can work with multiple players to do it, we absolutely will.