[NEWS] Lime is shutting down car rental service, LimePod – Loganspace

Transportation startupLimeis shutting down LimePod,its vehicle-sharing service that it launched final November in Seattle. Lime plans to birth taking away its vehicles from the streets of Seattle next month and can entirely shut down the service by the tip of the one year. The info turned into firstreported by GeekWire.

Lime has operated a pilot program in Seattle since final one year and is decided to carry out on the tip of the one year. At some level of this procedure, more than 18,000 of us took more than 200,000 trips in LimePods, basically basically based totally on a Lime spokesperson. At launch, the belief turned into to explore carsharing for short distances and at final exchange its vehicles with an all-electric snappy. Lime, on the opposite hand, will not be having a glimpse to compose LimePods a permanent fixture of the metropolis at this level.

“Whereas this procedure turned into a super finding out skills,  at our core, we are an electrical mobility firm first,” Lime wrote in an electronic mail to LimePod users. “We are committed — love Seattle is —  to sustainability, lower carbon emissions, and to compose cities more livable, all of which require lowered vehicle trudge back and forth.”

Additionally, Lime acknowledged it turned into not in a situation to catch the comely accomplice for its LimePod’s electric snappy, which resulted in the resolution to stay this procedure on the tip of the pilot interval.

“We deeply esteem our partnership with the Seattle neighborhood and the alternative to collaborate on our LimePod Pilot Program,” a Lime spokesperson told TechCrunch. “The skills is a testament to the metropolis’s forward-having a glimpse location on the future of transportation and the need of sustainable concepts for residents. We are in the same type committed to that honest and the working out gained all the procedure thru our pilot will crimson meat up the work predominant would maybe well moreover merely smooth we attain to a resolution to lengthen and strengthen this service with an all-electric snappy sooner or later.”

Lime, which got its beginnings as a bike-share firm, has deployed its scooters and bikes in more than 100 cities in the U.S. and more than 20 global cities. Now not too long in the past, Lime hit 100 million rides across its micromobility vehicles. Clearly, Lime sees more a future with shared bikes and scooters than it does with vehicles.

Earlier this one year,Lime raised a $310 million Sequence D spherical led by Bain Capital Ventures and others.That spherical valued the startup at $2.4 billion.