It’s a double benefit when an investment not only makes you wealthy, but also makes the world a better place. My research team has been following the micro-mobility movement for a while, and the climate provides an opportunity for investors, as we see it, to jump on and ride this exciting trend all the way to the top.
If you’re not entirely familiar with micro-mobility, it’s a modern concept that’s developing around new forms of transportation, and especially e-bikes and e-scooters. Millennials, who just recently eclipsed baby boomers as the largest American population segment, are leading the charge in the micro-mobility movement, which promotes cleaner and more efficient alternatives to cars.
The micro-mobility movement is also promoting a more carbon-neutral mode of transportation, which governments around the world are mandating nowadays.
The fact is that micro-mobility makes perfect sense in cities where most people only take very short trips and don’t really need an expensive, emission-heavy car, not to mention the hassle of parking and traffic congestion:
Courtesy: transitscreen.com
Since 60% of trips in the U.S. are only five miles or less and millennials in big cities don’t feel the need to own a car like previous generations did, the trend towards micro-mobility has been surging, and smart investors are taking big positions in the companies that cater to this demographic.
Investors who researching potential investments in this important trend in transportation, while supporting a company that’s helping reduce emissions and traffic congestion should take a serious look at LOOPShare Ltd. (TSX-V: LOOP, OTC: LPPPF), as its platform provides for a first fully-integrated electric scooter sharing service.
We alerted our readers to this company because we saw the significant potential for micro-mobility and LOOPShare, in particular. Besides, we’d seen how Bird, a privately-held scooter company, became the fastest company to ever reach a $1 billion valuation, and we knew that LOOPShare was (and still is) a long way from this.
A watershed moment came: LOOPShare announced that they’re acquiring the Scoot-E-Bike® brand from Raytroniks. Raytroniks is owned by Ray J, who is a significant influencer in Hollywood, and he will remain a brand ambassador for LOOPShare. This was a material change for LOOPShare and Investors responded to this exciting development.
Courtesy: barchart.com
Micro-mobility is the future, and LOOPShare is the only publicly-traded company of its kind with the potential to take advantage of a disruptive trend that is changing the transportation industry as we know it.
Original Article Available HERE