Lime has unveiled its Gen4 Seated e-scooter in San Francisco and Chicago. Initially piloted earlier this year, the Gen4 Seated model is designed to cater to older users with reduced physical mobility. This latest addition to Lime's fleet will soon be introduced in several other U.S. cities, as well as in Australia and New Zealand.
The introduction of the Gen4 Seated e-scooter follows a period of strong financial performance for Lime. The company recently disclosed its half-year performance figures, revealing a revenue of $250 million generated from gross vehicle bookings. These H1, 2023 results outperformed the previous year's figures by 45%, underscoring Lime's impressive growth. Additionally, Lime has set its sights on a future public listing for the company.
Lime's latest mobility solution, the Gen4 Seated, is intended to enhance the accessibility and comfort of micromobility options. When coupled with Lime's innovative storage compartment, this e-scooter offers greater versatility for users. Lime recognizes that internal storage is a critical factor when selecting a micromobility rental vehicle, and the Gen4 Seated, like the rest of the Lime fleet, can be accessed conveniently through the company's mobile app.
The development of the Gen4 Seated was informed by Lime's market research, which identified a demand from older users who felt underserved by the existing Lime offerings. This e-scooter boasts larger wheels and a lower baseboard, which improves the scooter's stability and overall safety during operation. While the scooter features a swappable battery setup, specific details about its full performance capabilities were not provided.
Lime's introduction of the Gen4 Seated reflects the company's commitment to expanding its micromobility services to cater to a broader range of users, addressing the unique needs of those with reduced physical mobility and making micromobility more accessible and convenient.