Scooter makers ride high with growing demand from well-funded rental startups

A person rides a Bird Rides Inc. shared electric scooter in San Francisco, California, U.S., on Friday, April 13, 2018. Photographer: Bloomberg/Bloomberg

Segway-Ninebot Group, a Beijing-based manufacturer of electric scooters, rolled into Los Angeles this week hoping to bolster its position as the main supplier for a new wave of well-funded scooter-rental startups and offer a peek at new battery-powered transit products.

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