Ford buys electric scooter startup Spin
Ford is buying electric scooter startup Spin, Axios reports . Spin currently operates its scooters in Coral Gables, Fla., Washington, D.C., Charlotte, N.C., Durham, N.C., Lexington, Ky., Denver, Colo., Detroit, Mich. and Long Beach, Calif. In addition to operating throughout specific cities, Spin is live on five college campuses. Spin was one of the three companies that initially deployed its scooters in San Francisco back in March . Along with Bird and Lime, Spin was forced to remove its electric scooters from the city until the city determined a permitting process. Since failing to receive a permit to operate, Spin has been one of the more quiet scooter startups in the industry. Though, next week, Spin is meeting with the city of San Francisco to appeal the denial of its permit to operate electric scooters in the city. As of June, Spin had a contract with electric scooter manufacturer Ninebot, owned by Segway, to purchase 30,000 scooters a month through the end of this year, accordin...