Berlin-based Tier Mobility acquires Spin, Ford's e-scooter unit, in an all-stock deal, for an undisclosed price; Ford acquired Spin in November 2018 for $100M (Andrew J. Hawkins/The Verge)

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Andrew J. Hawkins / The Verge:

Berlin-based Tier Mobility acquires Spin, Ford’s e-scooter unit, in an all-stock deal, for an undisclosed value; Ford acquired Spin in November 2018 for $100M  —  The automaker had been mulling a sale for nearly a yr  —  Ford is promoting its electrical scooter operation Spin to one among Europe’s prime shared mobility firms.





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