this post was submitted on 12 Oct 2024
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micromobility - Ebikes, scooters, longboards: Whatever floats your goat, this is micromobility

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Ebikes, bicycles, scooters, skateboards, longboards, eboards, motorcycles, skates, unicycles: Whatever floats your goat, this is all things micromobility!

"Transportation using lightweight vehicles such as bicycles or scooters, especially electric ones that may be borrowed as part of a self-service rental program in which people rent vehicles for short-term use within a town or city.

micromobility is seen as a potential solution to moving people more efficiently around cities"

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[–] JoshuaFalken 10 points 1 month ago (2 children)

This news will always be sad, but it's hard to feel compassion when the entire organization stops communicating with its customer base.

Paid orders left unfulfilled for months; bikes in for service effectively held hostage; company vehicle being auctioned off.

It shouldn't be handled in silence. This type of decline isn't sudden. Juiced should have stopped providing service months ago so they didn't end up with customer bikes in their possession by the time this all came to a head.

We won't know specifically what caused this for some time, but assuming it's not a case of greed or gross mismanagement, it's a shame a company building alternative transportation options couldn't be bailed out. Maybe that's reserved for the auto industry.

[–] JoshuaFalken 1 points 1 month ago

Just looked again and noticed this from their inventory sheet available on this auction page, emphasis mine, spelling errors theirs:

$707k = cost of on hand inventory $530k = cost of available inventory

On Hand inventoy means inventory is physically present in a building, regardless of whether it is committed to a customer or not

Available Inventory means on hand inventory that is not committed to a customer

This means they are auctioning off nearly two hundred thousand dollars of product that customers have already paid for.