Ford buys e-scooter company Spin for $100 million

Ford is buying dockless electric scooter company Spin for $100 million, according to Axios. It had initially been reported that the acquisition cost $40 million, which is roughly what Spin was valued at after its Series A funding last year. Reuters reports that Ford has committed to making a $200 million investment in the startup.



Signup for Email Alerts

Related Content