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The global market size for e-scooters is projected to surpass $30 billion by 2028. Although e-scooters have become a regular mode of transportation in major metropolitan areas, ride-share e-scooter businesses are struggling with profitability and facing issues working with cities.
Chapters:
00:00 Introduction
02:01 E-scooter rentals in cities
04:24 Benefits
06:20 Safety risks
08:36 Profitability
Produced and Edited by: Liam Mays
Animation: Alex Wood
Supervising Producer: Jeniece Pettitt
Additional Camera: Magdalena Petrova
Editorial Support: Shawn Baldwin
Additional Footage: Getty Images, Bird
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The U.S. experienced 18 separate billion-dollar weather or climate disasters in 2022, costing a total of $165 billion in damages. The disasters were also deadly, causing at least 474 direct or indirect fatalities, according to the National Oceanic and Atmospheric Administration.
In the U.S., NOAA is in charge of tracking weather and disseminating forecasts. It’s a complicated job that begins with collecting billions of observations per day on metrics like temperature, wind speed and moisture. This information is then fed into powerful supercomputers that produce weather models that meteorologists use to come up with forecasts. But these models are not perfect.
As climate change intensifies extreme weather events, accurate weather forecasting is becoming more important than ever. It’s why a new generation of private companies have cropped up to provide paying customers with hyperlocal, hyperspecific weather forecasting and data. The weather forecasting services industry in the U.S.