Ford buys electric scooter startup Spin

Ford is buying electric scooter startup Spin, Axios reports. The deal, according to a source close to the matter, “the total consideration in the deal was close to $100m.” Axios had previously reported the price tag was around $40 million. Spin currently operates its scooters in Coral Gables, Fla., Washington, D.C., Charlotte, N.C., Durham, N.C., Lexington, … Continue reading Ford buys electric scooter startup Spin