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Electric scooters and bicycles present a range of potential problems for Uber, the company said in the prospectus for its initial public offering (IPO), which was released on Thursday.
Risks include rider incompetence, failure to use protective gear, careless steering, poor maintenance, and faulty manufacturing from third parties.
The company also faces legal and political hurdles that limit where and how it can deploy scooters and bikes.
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Electric scooters and bicycles present a range of potential problems for Uber, the company said in the prospectus for its initial public offering (IPO), which was released on Thursday.

Uber’s “personal mobility” vehicles present different challenges than those posed by its ride-hailing, delivery, and logistics services, the company said. Risks include rider incompetence, failure to use protective gear, careless steering, poor maintenance, and faulty manufacturing from third parties. Uber says injuries to bike or scooter riders could be worse than those to ride-hailing passengers.

Read more: Uber has filed to go public in what could be the biggest IPO in years

“Incorporating dockless e-bikes and e-scooters into our platform will result in increased costs and liability,” Uber said.

The company also faces legal and political hurdles that limit where and how …read more

Source:: Businessinsider – Technology

      

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