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)
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 — The automaker had been mulling a sale for almost a year — Ford is selling its electric scooter operation Spin to one of Europe's top shared mobility companies.
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