Lime turns a profit and aims to decarbonize urban transportation

Cooperation with Cities and Communities

The provider is active in cities and communities worldwide and is investing more than USD 140 million (EUR 130 million) in 2022 in hiring local employees and programs such as Lime Access, which enables financially less privileged people to access sustainable mobility, thus promoting a socially just transportation transition. The so-called Lime Assist is the first initiative of its kind that allows people with physical limitations access to shared electric vehicles. With Lime Hero, a donation program for local organizations was launched, enabling Lime riders to round up the costs of their rides to support organizations in their hometown.

General Company Figures:

• E-Scooters and E-Bikes in more than 250 cities in nearly 30 countries
• 400 million rides • 85 million car rides replaced
• 32,000 tons of CO2 avoided
• 675 million kilometers traveled
• 11 million liters of gasoline saved “While countries worldwide struggle with an economic downturn, we continue to expand and see our shared e-scooters and e-bikes not just as part of the solution to the climate crisis, but also as an affordable and convenient alternative to the car,” said Wayne Ting. “We want riders and cities to have the best possible experience with our shared electric vehicles and are thus getting closer to our goal of reducing CO2 emissions worldwide."

The provider advertises that its e-bikes and e-scooters are particularly robust with a long lifespan of at least five years. Additionally, the vehicles are self-developed, with interchangeable components contributing to their extended lifespan. Vehicles that are regularly replaced with new models are either donated to charitable causes, such as BikesForUkraine, or recycled. Furthermore, the vehicles are designed to be almost 100% recyclable at the end of their service life.