electric scooters

Lyft pulls scooters out of six major cities

The handle of a Lyft scooter.
Photo: Ronen Tivony/NurPhoto via Getty Images

Lyft is removing its electric scooters out of San Antonio, Dallas, Atlanta, Phoenix, Columbus and Nashville, as the company explained it will shift resources to markets where it "can have the biggest impact," CNET reports.

The big picture: The dockless, rentable, electric scooter trend started with just a couple companies operating in a handful of cities. "Now it's a competitive land grab, with more than a dozen operators that've dropped scooters in hundreds of cities around the world," CNET writes.

Uber CEO: More cars "not the answer"

Uber CEO Dara Khosrowshahi
Uber CEO Dara Khosrowshahi. Photo Illustration: Sarah Grillo/Axios. Photo by PHILIP PACHECO/AFP via Getty Images

In an interview last week with "Axios on HBO," Uber CEO Dara Khosrowshahi said its business has to "radically shift how it grows" to avoid wearing out its welcome in cities.

Why it matters: That means investing in fleet electrification and convincing people to take alternative modes of transportation like Uber buses, electric bikes and scooters are key goals for the company — which doesn't have a history of playing nice with cities.