How Segway-Ninebot is capitalizing on the scooter boom

Illustration: Caresse Haaser / Axios

With the rise of scooter-sharing startups, China-based scooter maker Segway-Ninebot is looking to remain the manufacturer of choice by expanding into commercial-grade vehicles.

Bottom line: Setting up a scooter startup is as easy as ever, so there's an immense opportunity for manufacturers like Segway-Ninebot.