“In fact, all kinds of mobility projects are losing money — bike-share, ride-hailing, scooters and shuttles, alike.”
They can add EVs to that list, since the Virtue Signalling class of people now have their EVs, meaning that EVs now have to actually COMPETE against gasoline cars (at least until government forces everyone to buy EVs).
Those bikes and scooters all over town were quite fun at first. Then Covid came and they all disappeared. Apparently riding public bikes spreads disease. Now they are being ridden by homeless people who overpower the locking systems. Then they tear the batteries out to power their tent houses. I saw a homeless guy riding a scooter with two other scooters on it with him heading towards the levee. I am reminded of the biblical caution about casting your pearls before swine.