Scooters Conquer Austin's SXSW, Beating Manhattan's Redline, More Miles Than To The Moon And Back - News Summed Up

Scooters Conquer Austin's SXSW, Beating Manhattan's Redline, More Miles Than To The Moon And Back


Austin essentially outlawed Uber and Lyft in 2016, though the Texas Legislature overruled it in 2017 and allowed them back in. In a city dominated by an electorate drawn from the ranks of UT Austin, the burgeoning high-tech community, and state government employees, the Austin City Council sees itself as progressive. The city council obliged by passing tough new ridesharing rules. As Uber and Lyft returned to Austin, the city’s traditional cab companies quickly lost market share, with some owners being forced into bankruptcy. By Spring of 2018, thousands of electric rental scooters made their appearance on Austin’s streets and sidewalks.


Source: Forbes March 19, 2019 20:48 UTC



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