A report on European micromobility amid COVID-19 pandemic
The pandemic delivered a big blow to the European micromobility sector. According to a report, the sector was hit just as the industry was accelerating along a growth trajectory. “In 2019, a banner year, our models predicted that the micromobility industry would be a $300B to $500B (€253.5B to €422.5B) market by 2030.” The report also predicts that the industry might “make a strong post-pandemic recovery.”
According to a new white paper from INVERS, the European micro-mobility industry has proved extremely resilient amid pandemic. Based out of Siegen, Germany, INVERS is a mobility services company that offers innovative SaaS and IoT-based products.