Micromobility America is set for its latest annual US-based conference, bringing together many of the leading companies, consultants, policymakers, and more in the micromobility industry. Two days of e-bikes, e-scooters, and just about everything else is set to kick off later this week.
Running from October 19-20, 2023, the Micromobility America conference will showcase “over 100 speakers from different areas of the alternative transportation universe, including founders, journalists covering the industry, politicians and policymakers, investors, and so on. Over 1,500 attendees are expected to join the event, taking part in presentations, product launches, award shows, test rides, networking events, and more.”
The first day of the conference is expect to be largely industry-related, focusing on B2B (business to business) topics.
The second day will expand to include more B2C (business to consumer) subjects and will include the first ever “Ride of a Lifetime,” a mass group ride from the venue through the streets, featuring giveaways, music, and more. The group ride was inspired by the successful Rave Ride earlier this year that capped off the Amsterdam-based component of the show, Micromobility Europe.
One of the many highlights of this year’s show is a series of thought-provoking panels attended by CEOs, journalists, policymakers, and other leading individuals in the industry. The panels include “The Shifting Landscape of Shared Micromobility,” “The Road to Retail: How to Sell Small EVs,” “Innovations in Last-Mile Logistics: Delivery Robots, Drones, and Beyond,” “Delivering Change: How to Get More Couriers on Two-Wheels,” and many more.
The attendee and presenter list is sprawling this year and seems to be branching out even wider, especially into the electric motorcycle space. Light electric motorcycle companies like Ryvid and Land will be in attendance, as well as what looks to be dozens of e-bike and e-scooter companies. The Startup Awards section is a great chance to see new, up-and-coming companies with fresh ideas and new takes on existing problems in the industry. The test track area brings together dozens of interesting light electric vehicles for a chance to test new rides that many people only ever get a chance to see in pictures and videos.
Ticket prices for the entire show aren’t for the faint of heart, priced at US $450 up to today (and that even includes a discount!), though the event is largely targeted toward industry and commercial attendees. For those that just want to come and test ride all of the interesting vehicles, US $10 will net you a pass to the Ride Expo on October 20 from 12:30 p.m. to 4:30 p.m.
The Ride of the Lifetime festival-like group ride will likely depart from the event at the Craneway Pavillion around 4:30 p.m. at the end of the Ride Expo. Anyone already taking part in the Ride Expo can join up, but if you want to experience the fun while keeping it completely free, then don’t tell anyone I told you this, but you can probably just hang around the parking lot around that time with your bike or scooter, and then join in with the massive group ride through the streets when they depart the event. If the Amsterdam show was any indication, the group ride included tons of locals who just happened to be around and joined in for the fun.
To see what the group ride will likely look like, check out my video below from the Amsterdam show earlier this year. The Rave Ride starts at around 7:50 p.m.
Electrek’s Take
I attended this conference last year, as well as the European version earlier this year, and both were an awesome experience to talk to some of the most important movers and shakers across the industry. The event is heavily attended by CEOs of most of these major e-bike, e-scooter, and e-moto companies.
Being able to test so many different vehicles, especially back-to-back in order to make direct comparisons, is an invaluable experience.
On a personal note, I unfortunately won’t be able to attend the show this year. I had been on the speaker list, but I live in Israel and after the Hamas terror attacks on October 7, I’ve been supporting the defense of my country, working when I can, and protecting my family. In fact, I wrote around half of this article from my laptop in a bomb shelter after escaping the third rocket barrage today on Tel Aviv. I would love nothing more than to be spending my time at the show, discussing and riding e-bikes, e-scooters, and every other form of alternative personal transportation. But fighting the ugly evils of terrorism has taken precedent. If you are a person of faith, please pray for all of us. If you are not, I hope you will send your positive energy. Both we as Israelis and the many innocent Palestinians that do not support Hamas deserve to live in peace as neighbors in our own countries. The atrocities committed by terrorists seek to prevent that peace. Through their removal, hopefully we can find the peace we all deserve.
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A dump truck moves raw ore inside the pit at the Mountain Pass mine, operated by MP Materials, in Mountain Pass, California, U.S., on Friday, June 7, 2019.
Joe Buglewicz | Bloomberg | Getty Images
Shares of U.S. rare earth miners surged in early trading Monday, after President Donald Trump threatened China with retaliation over its strict export controls.
Trump on Friday threatened China with a “massive” increase in tariffs in retaliation for Beijing imposing strict export controls on rare earth elements. The president then dialed down his rhetoric on Sunday, saying the situation with China will “be fine.”
The Defense Department, meanwhile, is accelerating its effort to stockpile $1 billion worth of critical minerals, according to The Financial Times.
And JPMorgan Chase said Monday it would invest up to $10 billion in companies that are crucial to U.S. national security.
“It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing — all of which are essential for our national security,” JPMorgan CEO Jamie Dimon said in press release.
Rare earths are a subset of critical minerals that are crucial inputs in U.S. weapons platforms, robotics, electric vehicles and other applications.
Bloom Energy power storage equipment in San Ramon, California.
Smith Collection | Gado | Archive Photos | Getty Images
Shares of Bloom Energy surged Monday after striking a deal with Brookfield to deploy fuel cells for artificial intelligence data centers.
Brookfield will spend up to $5 billion to deploy Bloom Energy’s technology, the first investment in its strategy to support big AI data centers with power and computing infrastructure.
Shares of Bloom Energy were up more than 30% in early trading. Bloom’s fuel cells provide onsite power that can be deployed quickly because they do not rely on the electric grid.
Nvidia CEO Jensen Huang told CNBC last week that the AI industry will need to build power off the electric to meet demand quickly and protect consumers from rising electricity prices.
“Data center self-generated power could move a lot faster than putting it on the grid and we have to do that,” Huang told CNBC on Oct. 8.
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JPMorgan Chase on Monday said it is launching a decade-long plan to help finance and take direct stakes in companies it considers crucial to U.S. interests.
The bank said in a statement it would invest up to $10 billion into companies in four areas: defense and aerospace, “frontier” technologies including AI and quantum computing, energy technology including batteries, and supply chain and advanced manufacturing.
The money is part of a broader effort, dubbed the Security and Resiliency Initiative, in which JPMorgan said it will finance or facilitate $1.5 trillion in funding for companies it identifies as crucial. It said the total amount is 50% more than a previous plan.
“It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing — all of which are essential for our national security,” JPMorgan CEO Jamie Dimon said in the release.
As the biggest American bank by assets and a Wall Street juggernaut, JPMorgan was already raising funds and lending money to companies in those industries. But the move helps organize the company’s activities around national interests at a time of heightened tensions between the U.S. and China.
On Friday, markets tumbled as President Donald Trump announced new tariffs on Chinese imports after the major U.S. trading partner tightened export controls on rare earths.
In the release, Dimon said that the U.S. needs to “remove obstacles” including excessive regulations, “bureaucratic delay” and “partisan gridlock.”
JPMorgan said that within the four major areas, there were 27 specific industries it would look to support with advice, financing and investments. That includes areas as diverse as nanomaterials, autonomous robots, spacecraft and space launches, and nuclear and solar power.
“Our security is predicated on the strength and resiliency of America’s economy,” Dimon said. “This new initiative includes efforts like ensuring reliable access to life-saving medicines and critical minerals, defending our nation, building energy systems to meet AI-driven demand and advancing technologies like semiconductors and data centers.”
The bank said it would hire an unspecified numbers of bankers and create an external advisory council to support its initiative.
This story is developing. Please check back for updates.